NCC Bank and Akij Resource Group, one of the country’s leading industrial conglomerates, have recently signed a Memorandum of Understanding (MoU) regarding ‘Advance Cash Management’. Through this agreement, NCC Bank will ensure safe, technology-driven, and modern collection services for Akij Resource Group’s dealers and distributors nationwide. Under this arrangement, dealers will be able to easily deposit funds across all these channels—cash or check deposits over the counter at any NCC Bank branch, instant transactions via the ‘NCC Always’ app, individual Virtual Account Number (VAN) facilities, and real-time payment notifications integrated with the ERP system.

At the event, in the presence of NCC Bank’s Managing Director, M. Shamsul Arefin, the bank’s Deputy Managing Director, Md. Habibur Rahman, and Akij Resources’ Representative Director and Group Company Secretary, Md. Ruhul Islam, signed the agreement on behalf of their respective organizations. Senior officials from both sides were also present, including NCC Bank’s SVP & Head of SME, Sharif Mohammad Mahsin; SVP & Head of ICT Division, Md. Sajjadul Islam; SVP & Head of Transaction Banking & Cash Management Division, Shahin Akter Nuha—as well as Akij Resource Group Chief Treasury Officer, Md. Sheikh Sadi; Deputy Manager (Treasury), Mufti Mohammad Atik; and Assistant Manager (Treasury); Mohammad Asaduzzaman.

In his speech, Managing Director M. Shamsul Arefin stated that this MoU reflects NCC Bank’s commitment to expanding advanced transaction and cash management services for its corporate clients. He expressed hope that this partnership would make Akij Resource Group’s collection management more transparent, faster, and more secure, while ensuring the full benefits of digital banking. He also remarked that this initiative would further strengthen both organizations’ drive to deliver technology-driven innovative services and play a significant role in reinforcing the country’s digital financial sector.