Considering the importance and contribution to the national economy of the CMSME sector and with the aim of supporting CMSME entrepreneurs, NCC Bank has launched four new SME products with attractive terms.
These are "NCC Commercial Building Loan, NCC Commercial Vehicle Loan, NCC Supply Chain Finance and NCC Business Account".
M Shamsul Arefin, the bank's managing director and CEO, unveiled these products recently at the SME Relationship Managers’ Meet held at NCC Bank Bhaban, Dhaka.
Besides, Mahbub Alam, Rafat Ullah Khan, Md Monirul Alam and Mohammed Mizanur Rahman, deputy managing directors, Mohammed Anisur Rahman, SEVP and CIO, Mohammad Ridwanul Hoque, EVP and Head of Strategy and Emerging Business, Syed Hasnain Mamun, head of human resources division, Sharif Mohammad Mahsin, SVP and Head of SME, Nighat Mumtaz, head of women banking and sustainable finance, Shahin Akter Nuha, head of cash management and Md Solaiman-Al-Raji, head of CRM-CMSME along with other officials of concerned divisions were also present in the occasion.
Managing Director and CEO M Shamsul Arefin said NCC Bank, as a part of its commitment for creating customers’ value, has launched four products for SMEs credit facility ranging from Tk20 lakh to Tk10 crore to purchase commercial space/Construction/renovation in the name of “NCC Commercial Building Loan”, credit facility ranging from Tk5 lakh to Tk5 crore to purchase vehicles in the name “NCC Commercial Vehicle Loan”, credit facility ranging from Tk1 lakh to Tk5 crore for dealers, suppliers, agents and distributors in the name of “NCC Supply Chain Finance” and interest-bearing current account for Cottage, Micro, Small and Medium Enterprises named “NCC Business Account”.
He hopes that, these customized products will help CMSME entrepreneurs in meeting their needs.
