NCC Bank has entered into a Memorandum of Understanding (MoU) with the Bangladesh Investment Development Authority (BIDA) to deliver faster, more efficient and integrated services for investors. This integration is designed to provide investors with seamless access to essential banking and related services through a single digital interface. Under this agreement NCC Bank will facilitate online bank account opening along with other relevant banking services via the One Stop Service (OSS) platform. Both organizations will also establish secure server-to-server connectivity to ensure safe, reliable, and efficient data exchange.

The signing ceremony was recently held at BIDA’s conference room in the presence of Air Commodore Md. Shaharul Huda, Executive Member of BIDA. The agreement was signed by M. Shamsul Arefin, Managing Director of NCC Bank, and Jiban Krishna Saha Roy, Director General (Investment Promotion) of BIDA, on behalf of their respective organizations. The event was attended by senior officials from both sides, including Md. Shahinuzzaman, Additional Director of Bangladesh Bank; Md. Habibur Rahman, Deputy Managing Director of NCC Bank; and Shahin Akter Nuha, Head of Transaction Banking & Cash Management.

Speaking on the occasion, M. Shamsul Arefin emphasized that BIDA’s integrated online platform represents a major milestone in the government’s investment-friendly initiatives, enabling investors to access a wide range of public and private services from a single platform. He added that NCC Bank’s participation will further enhance the efficiency, transparency, and responsiveness of investment-related services, contributing to a modern and investor-friendly ecosystem in Bangladesh.

As per the agreement, both parties will exchange relevant information digitally and provide the necessary technical support to ensure smooth system operations. They will also work collaboratively to maintain data accuracy, security, and effective service delivery.