Staff Reporter : Prime Bank Investment Limited (PBIL), a subsidiary of Prime Bank PLC, and WeGro Technologies Limited, a digital platform enabling investments in agricultural projects, recently signed a Memorandum of Understanding (MoU).
As a result of this partnership, investors using the WeGro app/website —who fund agricultural initiatives such as livestock and crop projects—will now seamlessly invest in regulated financial markets via PBIL’s PrimeInvest Discretionary Product Suite, a managed investment scheme. This aligns with PBIL’s #AccessToInvestment initiative, broadening wealth-building avenues for retail and institutional investors.
Mr. Syed M Omar Tayub, MD & CEO of PBIL, stated: “This collaboration empowers WeGro’s investors to diversify beyond agri-projects into capital markets. It’s a win-win for portfolio growth and economic inclusivity.”
Mr. Md. Mahmudur Rahman, CEO & Co-Founder of WeGro, added: “Our users can now support farmers while accessing regulated financial instruments—bridging impact investing with mainstream wealth.”