NRBC Bank Enters Fourteenth Year

NRBC Bank PLC has completed 13 years of operations and has officially stepped into its 14th year, reaffirming its strategic focus on good governance, financial inclusion, and technology-driven banking services across Bangladesh.

The milestone was observed through a formal ceremony held recently at the bank’s head office in Dhaka, where senior officials highlighted the institution’s achievements since its inception and outlined its future direction. According to a press statement, the event underscored the bank’s steady expansion and its growing role within the country’s fourth-generation banking sector.

Md Ali Hossain Prodhania, Chairman of NRBC Bank, inaugurated the programme as the chief guest. He noted that since commencing operations on 2 April 2013, the bank had demonstrated strong performance compared with many of its peer institutions. He stressed that the bank’s continued progress would depend on reinforcing good governance practices, expanding service coverage, and further strengthening its institutional reputation.

The Chairman also emphasised the importance of improving loan recovery performance and reducing non-performing loans (NPLs), stating that such measures are essential for enhancing profitability and safeguarding the interests of both depositors and investors. He further reiterated the bank’s long-term ambition of transforming into a “people’s bank” by significantly expanding financing to cottage, micro, and small enterprises. In this regard, the institution has set a target of increasing the share of lending to these productive sectors to 40 per cent of its total loan portfolio. He also highlighted the necessity of scaling up digital and technology-based banking solutions to improve accessibility and efficiency.

Md Touhidul Alam Khan, Managing Director and Chief Executive Officer, stated that the bank remains committed to sustaining its growth trajectory while ensuring stronger compliance standards. He added that over the past 13 years, NRBC Bank has built a solid financial foundation, with deposits reaching Tk 19,590 crore and total loans and advances standing at Tk 14,962 crore.

The bank has also achieved notable expansion in its physical and agent banking network, now operating nearly 500 branches and sub-branches alongside more than 600 agent banking outlets. These channels collectively serve over 21.5 lakh accounts nationwide, contributing to wider financial inclusion, particularly in rural and semi-urban areas.

Senior officials, including Deputy Managing Director Mohammad Abdul Qaium Khan, along with divisional heads and representatives from various zones, branches, and sub-branches, joined the ceremony virtually.

Key Performance Indicators of NRBC Bank

IndicatorFigure
Years of operation13 years (entered 14th year)
Total depositsTk 19,590 crore
Total loans and advancesTk 14,962 crore
Branches and sub-branchesNearly 500
Agent banking outletsMore than 600
Total accounts servedOver 21.5 lakh

The bank’s leadership reiterated that sustained governance reforms, digital transformation, and inclusive financing will remain central to its strategy in the coming years.

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