NCC Bank recently signed issuing bank agreement with Asian Development Bank (ADB) under its “Trade and Supply Chain Finance Program (TSCFP).”
By this agreement, NCC Bank will avail guarantee facility from Asian Development Bank, which will help the bank to get additional credit lines to support its foreign trade business, reads a press release.
Managing Director & CEO of NCC Mohammad Mamdudur Rashid and Investment Specialist of Private Sector Financial Institutions Division of ADB Neha Noronha signed the agreement on behalf of their respective organizations.
Besides, Additional Managing Director Md Khondoker Nayeemul Kabir, Deputy Managing Directors of NCC Bank Mohd Rafat Ullah Khan and M Asheq Rahman, Senior Investment Officer of Private Sector Financial Institutions Division of ADB Pamela Jhoanna N Gamilla and SEVP & Head of Operations Syed Tofail Ali, SEVP & Chief Financial Officer Mohammed Mizanur Rahman, SAVP of Financial Institutions Department Mohammed Sumon Rahman along with other concern officials of NCC Bank were also present on the occasion.
