AGAM International (BD) Limited has signed a Memorandum of Understanding (MoU) with Fashion Asia Ltd, a sister concern of Northern Tosrifa Group, to strengthen digital financial inclusion across Bangladesh by introducing Earned Wage Access (EWA) services for employees.
The agreement was signed in Dhaka by Ar Rahaman Chowdhury, Vice President of Business Development at AGAM, along with the AGAM team on behalf of Shabnam Wazed, Chief Executive Officer of AGAM, and Nish Kotecha, Chairman of AGAM together with Alif Nadvi Rahman, Managing Director, and Md. Nurul Afsar, ACMA, Head of Finance of Fahion Asia Ltd.
Under the partnership, employees of Fashion Asia Ltd will be able to access a portion of their earned wages instantly through the PrimeAgrim app. The solution is designed to simplify everyday financial planning, provide greater flexibility in managing expenses, and reduce short-term financial strain. By enabling responsible access to earned income, the initiative aims to promote better money management practices and enhance workplace productivity.
Speaking at the signing ceremony, Ar Rahaman Chowdhury noted that the initiative would play a meaningful role in easing financial pressure on employees and workers across both the garments and corporate sectors. “Accessible financial tools such as Earned Wage Access contribute to improved employee well-being and operational efficiency,” he emphasized.
Alif Nadvi Rahman, Managing Director of Fashion Asia Ltd, expressed optimism about the collaboration, highlighting its potential to empower workers and strengthen financial resilience. He added that the initiative aligns with Northern Tosrifa Group’s commitment to employee welfare and innovation in workplace practices. The collaboration reflects a shared commitment by both organizations to build a financially confident and future-ready workforce, reinforcing the role of digital financial solutions in Bangladesh’s evolving corporate landscape.
