Press Release

Considering the importance and contribution to the national economy of CMSME sector as well as with the aim of supporting CMSME entrepreneurs, NCC Bank has launched four new SME products with attractive terms.

NCC Bank Launched Four New SME Products

Considering the importance and contribution to the national economy of CMSME sector as well as with the aim of supporting CMSME entrepreneurs, NCC Bank has launched four new SME products with attractive terms. These are "NCC Commercial Building Loan, NCC Commercial Vehicle Loan, NCC Supply Chain Finance and NCC Business Account". M. Shamsul Arefin, Managing Director & CEO of the Bank unveiled these products at SME Relationship Managers’ Meet on Saturday (05/10/224) held at NCC Bank Bhaban, Dhaka recently. Besides, Mahbub Alam, Mohd. Rafat Ullah Khan, Md. Monirul Alam & Mohammed Mizanur Rahman, Deputy Managing Directors, Mohammed Anisur Rahman, SEVP & CIO, Mohammad Ridwanul Hoque, EVP & Head of Strategy & Emerging Business, Syed Hasnain Mamun, Head of Human Resources Division, Sharif Mohammad Mahsin, SVP & Head of SME, Nighat Mumtaz, Head of Women Banking & Sustainable Finance, Shahin Akter Nuha, Head of Cash Management and Md. Solaiman-Al-Raji, Head of CRM-CMSME along with other officials of concerned divisions were also present in the occasion.

Managing Director & CEO M. Shamsul Arefin said, NCC Bank as a part of its commitment for creating customers’ value has launched four products for SMEs e.g. Credit Facility ranging from BDT 20 Lac to BDT 10 Crore to purchase commercial space/Construction/renovation in the name of “NCC Commercial Building Loan”, Credit facility ranging from BDT 5 Lac to BDT 5 Crore to purchase vehicles in the name “NCC Commercial Vehicle Loan”, Credit facility ranging from BDT 1 Lac to BDT 5 Crore for Dealers, Suppliers, Agents & Distributors in the name of “NCC Supply Chain Finance” and interest-bearing current account for Cottage, Micro, Small and Medium Enterprises named “NCC Business Account”. He hopes that, these customized products will help CMSME entrepreneurs in meeting their needs.