NCC Bank PLC. | |
Predecessors: | --> |
Successors: | --> |
Founded: | 1985 |
Founders: | --> |
Hq Location City: | Dhaka |
Hq Location Country: | Bangladesh |
Areas Served: | --> |
Owners: | --> |
Website: | NCC Bank |
NCC Bank PLC. or National Credit and Commerce Bank PLC.[1] is a Bangladeshi private commercial bank.[2] [3] [4] Mr. M. Shamsul Arefin is the present Managing Director and CEO of the bank.[5]
NCC Bank was founded in 1985 as an investment company in the name of NCL (National Credit Limited).[1] 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.[6]
In September 2015, Rapid Action Battalion arrested an employee of NCC Bank for embezzling 89.8 million BDT from remittance.[7]
In August 2017, Mosleh Uddin Ahmed was appointed CEO and Managing Director of NCC Bank.[8] Md Nurun Newaz Salim, chairman of Electro Mart Limited and Central Insurance Company Limited, was elected chairman of NCC Bank.[9]
In May 2019, Bangladesh Financial Intelligence Unit investigation found Mosleh Uddin Ahmed, managing director of NCC Bank, had abnormal bank deposits.[10] The board of directors of the bank decided to have a meeting over the issue and sought an explanation from Ahmed.[11] Three financial banks, Dutch Bangla Bank Limited, NCC Bank Limited, and Prime Bank, were victims of cyberattacks in May.[12] 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.[13]
On 30 December 2020, Mohammad Mamdudur Rashid was appointed managing director of NCC Bank.[14] In 5 September 2021, Md Abul Bashar was elected chairman of NCC Bank.[15]
In August 2022, the NCC Bank Limited five billion BDT with a aim meet the requirements of Tier 2 of Basel III.[16] Md Abul Bashar was re-elected chairman of the bank in September.[17]
Md. Abul Bashar | Chairman | [18] | |
Sohela Hossain | Vice-Chairman | ||
A.S.M. Mainuddin Monem | Director | ||
Abdul Awal | Director | ||
Abdus Salam | Director | ||
Md. Nurun Newaz | Director | ||
Amjadul Ferdous Chowdhury | Director | ||
S.M. Abu Mohsin | Director | ||
Tanzina Ali | Director | ||
Khairul Alam Chaklader | Director | ||
Md. Moinuddin | Director | ||
Mohammed Sazzad Un Newaz | Director | ||
Mr. M. Shamsul Arefin | CEO and Managing Director |