Press Release

NCC Bank has recently signed a Supply Chain Finance Agreement with PRAN-RFL Group, aiming to strengthen the financial ecosystem for PRAN-RFL’s suppliers under SME segment.

NCC Bank signs Supply Chain Finance agreement with PRAN-RFL Group

NCC Bank has recently signed a Supply Chain Finance Agreement with PRAN-RFL Group, aiming to strengthen the financial ecosystem for PRAN-RFL’s suppliers under SME segment. Through this agreement, suppliers of PRAN-RFL Group will be able to access financing facilities on easy terms to meet their working capital requirements from NCC Bank Branches across the country. This partnership reflects NCC Bank’s commitment to fostering business growth through strategic partnership by providing need based financial solutions, while enhancing support for the local supply chain network of one of the largest conglomerates of the country.

The agreement was formally signed by M. Shamsul Arefin, Managing Director of NCC Bank, and Uzma Chowdhury, CPA, Director of PRAN-RFL Group, on behalf of their respective organizations. The signing ceremony was attended by a number of senior officials from both organizations, including- M. Khurshed Alam, Additional Managing Director, Md. Mahbub Alam, Md. Zakir Anam, Mohammed Mizanur Rahman FCA & Md. Monirul Alam, Deputy Managing Directors, Md. Shafiqure Rahman, SEVP & Head of Business & Branch, Gulshan Branch, Mohammad Mohibullah Khan, EVP & Head of Credit Risk Management Division, Saif Uddin Ahmed, EVP & Head of Credit Administration Division, Abul Quasem Md. Safiullah, Chief of Islamic Banking Division, Nighat Mumtaz, SVP & Head of Sustainable & Women’s Banking; Sharif Mohammad Mahsin, SVP & Head of SME, A.H.M. Abdus Sadik Khan, SVP & Head of Human Resources Division, Syed Towhid Hossain, SVP & Head of Operations, Shahin Akter Nuha, Head of Transaction Banking & Cash Management Division of NCC Bank.