NCC Bank
 | |
| Founded | 1985 |
|---|---|
| Headquarters | , |
Key people |
|
| Website | NCC Bank |
NCC Bank Limited or National Credit and Commerce Bank Limited[1] is a Bangladeshi private commercial bank.[2][3][4] Mr. M. Shamsul Arefin is the present Managing Director and CEO (CC) of the bank.[5]
History[edit]
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.[1]
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.[10][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.[12] 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]
Board of directors[edit]
| Name | Designation | Reference |
|---|---|---|
| Md. Abul Bashar | Chairman | [18] |
| Sohela Hossain | Vice-Chairman | [18] |
| A.S.M. Mainuddin Monem | Director | [18] |
| Abdul Awal | Director | [18] |
| Abdus Salam | Director | [18] |
| Md. Nurun Newaz | Director | [18] |
| Amjadul Ferdous Chowdhury | Director | [18] |
| S.M. Abu Mohsin | Director | [18] |
| Tanzina Ali | Director | [18] |
| Khairul Alam Chaklader | Director | [18] |
| Md. Moinuddin | Director | [18] |
| Mohammed Sazzad Un Newaz | Director | [18] |
| Mr. M. Shamsul Arefin | CEO and Managing Director (CC) | [18] |
References[edit]
- ^ a b c "National Credit and Commerce Bank Limited - Banglapedia". en.banglapedia.org. Retrieved 2016-05-09.
- ^ "NCC Bank diversifies activities". The Financial Express. Dhaka. 2007-08-27. Retrieved 2013-04-03.
- ^ "NCC Bank gets new DMD". The Daily Star. 2015-06-09. Retrieved 2016-05-09.
- ^ "NCC Bank aspires to be at the top". The Daily Star. 2015-05-18. Retrieved 2016-05-09.
- ^ "NCC Bank gets new chair, vice-chair". The Daily Star. 2015-07-28. Retrieved 2016-05-09.
- ^ "Chairman, vice chairman of NCC Bank re-elected". The Daily Star. 2008-06-15. Retrieved 2023-03-25.
- ^ Staff Correspondent (2015-09-04). "Ex-NCC bank officer held for embezzling Tk 8.98cr". The Daily Star. Retrieved 2023-03-25.
- ^ "Mosleh Uddin NCC Bank MD". The Daily Star. 2017-08-07. Retrieved 2023-03-25.
- ^ "New chairman for NCC Bank". The Daily Star. 2017-08-02. Retrieved 2023-03-25.
- ^ a b "NCC Bank board to discuss CEO's 'abnormal' deposits". The Daily Star. 2019-05-07. Retrieved 2023-03-25.
- ^ "NCC Bank MD asked to explain abnormal deposits". The Daily Star. 2019-05-09. Retrieved 2023-03-25.
- ^ a b Rahman, Sajjadur (2019-06-22). "Three banks hit by cyberattacks". The Daily Star. Retrieved 2023-03-25.
- ^ "NCC Bank re-elects chairman". The Daily Star. 2019-09-15. Retrieved 2023-03-25.
- ^ "NCC Bank gets new MD". The Daily Star. 2020-12-30. Retrieved 2023-03-25.
- ^ "NCC Bank gets new chairman, vice-chairman". The Daily Star. 2021-09-05. Retrieved 2023-03-25.
- ^ "NCC Bank to issue Tk500 crore bond". The Daily Star. 2022-08-10. Retrieved 2023-03-25.
- ^ "NCC Bank gets chairman, vice-chairman". The Daily Star. 2022-09-04. Retrieved 2023-03-25.
- ^ a b c d e f g h i j k l m "BOARD OF DIRECTORS". NCC Bank Limited. Retrieved 25 March 2023.
External links[edit]
 | This Bangladesh-related article is a stub. You can help Wikipedia by expanding it. |
  | This bank and insurance-related article is a stub. You can help Wikipedia by expanding it. |