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| Founded | 1985 |
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| Headquarters | , |
Key people |
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| Website | nccbank |
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. [1]
In June 2008, Tofazzal Hossain was elected chairman of NCC Bank. [6]
In September 2015, the 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, a 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] On 5 September 2021, Md Abul Bashar was elected chairman of NCC Bank. [15]
In August 2022, the bank approved issuance of a five billion BDT bond with the aim of meeting the Tier 2 capital requirements of Basel III. [16]
In October 2024, Alhaj Md. Nurun Newaz was elected chairman of the bank. [17]
| Name | Designation | Reference |
|---|---|---|
| Md. Nurun Newaz | Chairman | [18] |
| Sohela Hossain | Director | [18] |
| Abdus Salam | 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 | [18] |