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NCC Bank PLC.

Founded	1985
Headquarters	Dhaka, Bangladesh
Key people	Md. Abul Bashar (Chairman) Mrs. Sohela Hossain (Vice Chairman) M. Shamsul Arefin (Managing Director and CEO)
Website	nccbank.com.bd

NCC Bank PLC. or National Credit and Commerce Bank PLC. is a Bangladeshi private commercial bank. Mr. M. Shamsul Arefin is the present managing director and CEO of the bank.

History

NCC Bank was founded in 1985 as an investment company in the name of NCL (National Credit Limited). It became a scheduled commercial bank after receiving permission from the central bank in 1993 and started with a paid up capital of Tk. 390 million.

In June 2008, Tofazzal Hossain was elected chairman of NCC Bank.

In September 2015, the Rapid Action Battalion arrested an employee of NCC Bank for embezzling 89.8 million BDT from remittance.work

In August 2017, Mosleh Uddin Ahmed was appointed CEO and managing director of NCC Bank. Md Nurun Newaz Salim, chairman of Electro Mart Limited and Central Insurance Company Limited, was elected chairman of NCC Bank.

In May 2019, a Bangladesh Financial Intelligence Unit investigation found Mosleh Uddin Ahmed, managing director of NCC Bank, had abnormal bank deposits. The board of directors of the bank decided to have a meeting over the issue and sought an explanation from Ahmed. Three financial banks, Dutch Bangla Bank Limited, NCC Bank Limited, and Prime Bank, were victims of cyberattacks in May. Dutch Bangla Bank Limited lost three million USD to the hackers while the other banks maintained that they did not lose any money. Md Nurun Newaz Salim was re-elected chairman of NCC Bank.

On 30 December 2020, Mohammad Mamdudur Rashid was appointed managing director of NCC Bank. In 5 September 2021, Md Abul Bashar was elected chairman of NCC Bank.

In August 2022, the NCC Bank Limited five billion BDT with a aim meet the requirements of Tier 2 of Basel III. Md Abul Bashar was re-elected chairman of the bank in September.

Board of directors

References

1. ^ "National Credit and Commerce Bank Limited". Banglapedia. Retrieved 2016-05-09.
2. "NCC Bank diversifies activities". The Financial Express. Dhaka. 2007-08-27. Retrieved 2013-04-03.
3. "NCC Bank gets new DMD". The Daily Star. 2015-06-09. Retrieved 2016-05-09.
4. "NCC Bank aspires to be at the top". The Daily Star. 2015-05-18. Retrieved 2016-05-09.
5. "NCC Bank gets new chair, vice-chair". The Daily Star. 2015-07-28. Retrieved 2016-05-09.
6. "Chairman, vice chairman of NCC Bank re-elected". The Daily Star. 2008-06-15. Retrieved 2023-03-25.
7. "Ex-NCC bank officer held for embezzling Tk 8.98cr". The Daily Star. 2015-09-04. Retrieved 2023-03-25.
8. "Mosleh Uddin NCC Bank MD". The Daily Star. 2017-08-07. Retrieved 2023-03-25.
9. "New chairman for NCC Bank". The Daily Star. 2017-08-02. Retrieved 2023-03-25.
10. ^ "NCC Bank board to discuss CEO's 'abnormal' deposits". The Daily Star. 2019-05-07. Retrieved 2023-03-25.
11. "NCC Bank MD asked to explain abnormal deposits". The Daily Star. 2019-05-09. Retrieved 2023-03-25.
12. ^ Rahman, Sajjadur (2019-06-22). "Three banks hit by cyberattacks". The Daily Star. Retrieved 2023-03-25.
13. "NCC Bank re-elects chairman". The Daily Star. 2019-09-15. Retrieved 2023-03-25.
14. "NCC Bank gets new MD". The Daily Star. 2020-12-30. Retrieved 2023-03-25.
15. "NCC Bank gets new chairman, vice-chairman". The Daily Star. 2021-09-05. Retrieved 2023-03-25.
16. "NCC Bank to issue Tk500 crore bond". The Daily Star. 2022-08-10. Retrieved 2023-03-25.
17. "NCC Bank gets chairman, vice-chairman". The Daily Star. 2022-09-04. Retrieved 2023-03-25.
18. ^ "BOARD OF DIRECTORS". NCC Bank Limited. Retrieved 25 March 2023.

External links

Official website

v t e List of banks in Bangladesh
Central bank	Bangladesh Bank
Commercial	State-owned Agrani Bank Sonali Bank Rupali Bank Janata Bank Bangladesh Development Bank BASIC Bank Limited Private AB Bank Bangladesh Commerce Bank Bank Asia BRAC Bank Community Bank Dhaka Bank Dutch Bangla Eastern Bank Global Islami Bank IFIC Bank Jamuna Bank Meghna Bank Mercantile Bank Modhumoti Bank Mutual Trust Bank National Bank NCC Bank NRB Bank One Bank Padma Bank Premier Bank Prime Bank Pubali Bank Shimanto Bank South Bangla Agriculture and Commerce Bank Southeast Bank The City Bank Trust Bank United Commercial Bank Uttara Bank Islamic Al-Arafah Islami Bank Limited Export Import Bank of Bangladesh Limited First Security Islami Bank Limited Islami Bank Bangladesh Ltd Shahjalal Islami Bank Limited Social Islami Bank Limited Standard Bank Union Bank Limited Foreign Citibank Commercial Bank of Ceylon Habib Bank Limited HSBC National Bank of Pakistan Standard Chartered State Bank of India Woori Bank
Specialized	Bangladesh Krishi Bank Rajshahi Krishi Unnayan Bank Probashi Kallyan Bank
Non-scheduled	Grameen Bank Karmasangsthan Bank Ansar-VDP Unnayan Bank Jubilee Bank Palli Sanchay Bank
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