NCC Bank Marks Thirty-Third Anniversary With Islamic Shift

NCC Bank has commemorated its 33rd anniversary by reaffirming its long-term corporate commitment to driving sustainable financial growth, fostering deeper customer trust, fostering digital innovation, and executing a comprehensive transition towards full Shariah-compliant banking operations. The celebratory events formally commenced on 17 May at the bank’s central head office with a traditional cake-cutting ceremony led by the Chairman of the Board of Directors, Md. Nurun Newaz Selim.

Executive Representation and Strategic Briefings

The commemorative assembly was presided over by the Managing Director and Chief Executive Officer, M. Shamsul Arefin, who used the presentation to outline the financial institution’s commercial progress, ongoing structural transformation, and future operational objectives.

The corporate event was attended by a distinguished gathering of the bank’s upper echelon of leadership. Amongst those physically present at the head office were:

  • Vice-Chairman, Engineer Abdus Salam

  • Chairman of the Executive Committee, Khairul Alam Chaklader

  • Former Vice-Chairman, Tanjina Ali

  • Directors, Syed Asif Nizamuddin and Morshedul Alam Chaklader

  • Independent Director, Mir Sajedul Basar

  • Chairman of the Audit Committee, Md. Amirul Islam

The senior executive management team was also extensively represented by Additional Managing Director M. Khorshed Alam, alongside Deputy Managing Directors Md. Zakir Anam, Mohammed Mizanur Rahman, and Md. Habibur Rahman. Divisional heads from the central headquarters attended the session in person, while branch managers from various regional offices across the country connected to the corporate proceedings virtually via a dedicated digital communication platform.

Historical Track Record and Shariah Expansion

Reflecting on the historical journey of the financial institution, Chairman Md. Nurun Newaz Selim noted that since its initial establishment on 17 May 1993, NCC Bank has consistently played a vital role in supporting the economic development and macroeconomic progression of Bangladesh. He stated that over the past 33 years, the institution has successfully navigated diverse economic obstacles and market challenges through a steadfast dedication to robust corporate governance, the cultivation of customer trust, and visionary managerial leadership.

The Chairman remarked that NCC Bank has solidified its reputation as one of the country’s most reliable and sustainable financial institutions. Looking forward, the board intends to sustain this trajectory of institutional success by placing a heightened emphasis on inclusive and Shariah-compliant financial products. As part of this targeted operational expansion, the bank has already established and operationalised four fully-fledged Islamic banking branches alongside 32 dedicated Islamic banking windows across various regions of the country to cater to the growing demand for ethical banking.

Infrastructure Overhaul and Technological Roadmaps

Detailing the modern operational advancements, Managing Director M. Shamsul Arefin explained that through stringent risk management and corporate governance frameworks, NCC Bank has effectively transitioned into a modern, technology-driven banking structure. He emphasised that alongside achieving steady growth in deposits and loan portfolios, the management is actively prioritising digital transformation, customer-centric services, and sustainable banking practices.

Mr Arefin announced an ambitious long-term roadmap, stating that subject to obtaining the mandatory approvals from the regulatory authorities, NCC Bank plans to gradually convert its entire operations into a fully Shariah-compliant banking system over the next four years. To facilitate seamless, round-the-clock access to financial services from any location, the bank is actively expanding its digital infrastructure. This ongoing technological upgrade includes the deployment of Artificial Intelligence (AI)-driven personalised banking experiences, the expansion of Bangla QR payment systems, the introduction of virtual cards, and the enhancement of online payment gateways.

Concluding Consecration and Corporate Social Responsibility

Towards the conclusion of the formal anniversary proceedings, the Chairman of the Bank’s Shariah Supervisory Committee, Professor Dr Shahidul Islam Barakati, led a special prayer (doa and munajat). The congregation prayed for the continuous prosperity, financial stability, and long-term institutional success of NCC Bank.

In alignment with its 33rd-anniversary milestones, NCC Bank has also initiated a series of dedicated Corporate Social Responsibility (CSR) programmes for the current financial year. These newly launched social initiatives are strategically designed to prioristise income-generating activities aimed at supporting individuals and communities who have been adversely affected by environmental and climate-induced changes, ensuring that the bank’s success directly benefits vulnerable populations.

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