Prime Bank and Runner Motors Sign MoU to Introduce Auto Lease Financing for CMSMEs

Dhaka, October 19, 2026: Prime Bank PLC and Runner Motors PLC have signed a Memorandum of Understanding (MoU) to introduce a specialized auto lease financing program for cottage, micro, small and medium-sized enterprises (CMSMEs), aimed at improving access to commercial vehicles and supporting business growth. The MoU was signed recently at the corporate head office of Prime Bank PLC in Dhaka.

Under this partnership, CMSME clients will have access to convenient and structured auto lease financing solutions at competitive interest rates to purchase commercial vehicles from Runner Motors PLC. The initiative is designed to reduce financial barriers for entrepreneurs and business owners seeking to expand their logistics capabilities, improve transportation efficiency and strengthen their operational capacity.

M. Nazeem A. Choudhury, Additional Managing Director of Prime Bank PLC and Rajesh Kumar Yadav, Chief Financial Officer of Runner Motors PLC signed the MoU on behalf of their respective organizations. Sajid Rahman, Chief Business Officer of Prime Bank PLC, was present at the signing ceremony. Other senior officials attending the event included Md. Mohsinur Rahman, EVP and Head of SME Banking and Naimul Hasan Khan, EVP and Head of CRM-SME from Prime Bank PLC, along with Md. Feroz Kabir, Senior General Manager of Sales and Marketing at Runner Motors PLC.