NCC Bank will provide financial assistance of Tk. 95 lac to a “Jute Retting” research project of Department of Biochemistry & Molecular Biology of Dhaka University under special CSR in agriculture sector. In this regard, an agreement was signed on 01 April, 2024 at Vice-Chancellors lounge at Dhaka University. In presence of Professor Dr. A S M Maksud Kamal, VC of Dhaka University and M. Shamsul Arefin, Managing Director & CEO (C.C.) of NCC Bank Professor, Dr. Enamul Haque, Chairman of Department of Biochemistry & Molecular Biology of DU and Md. Monirul Alam, SEVP & Company Secretary of NCC Bank signed the agreement on behalf of their respective organizations. Besides, Professor Dr. A K M Mahabub Hasan, Dean of the Faculty of Biological Sciences, Professor Dr. Haseena Khan, Independence award winner scientist & UGC member, Professor Dr. Mohammad Riazul Islam, Principal Investigator of the project of Dhaka University and Md. Mahbub Alam, Deputy Managing Director, Mohammed Mizanur Rahman FCA, SEVP & CFO, Muhammad Shahidul Islam, SVP of Credit Risk Management Division of NCC Bank along with senior officials of both the organizations were also present on the occasion.
Professor Dr. A S M Maksud Kamal, VC of Dhaka University mentioned that supporting agricultural research projects is a great initiative of the Bank and thanked the NCC Bank’s authorities for co-operating in a complex research project like “Method of Jute Fiber removal process in a short time by using less water”. He hopes that this research project will make special contribution for increasing jute production & quality, preventing environmental pollution as well as conservation of biodiversity.
M. Shamsul Arefin, Managing Director & CEO (C.C.) of NCC Bank said that NCC Bank has already supported the marginal farmers to cultivate single inch of land across the country as a part of social responsibility as announced by Hon’ble Prime Minister. He added that, apart from providing loan facilities at lower interest rate, Bank has distributed various types of seeds, fertilizer & pesticides & saplings among 15,000 marginal farmers across the country free of cost. In continuation of that, NCC Bank has financed jute research project like this and it will continue in others agricultural projects in the near future.