B Mirror Desk: NCC Bank PLC has been recognized as one of the top 10 banks in the country in the sustainability rating by Bangladesh Bank.

The bank confirmed this information in a press release on Saturday (August 23).

NCC Bank received this recognition in the evaluation of its activities in 2024 based on five indicators: green and sustainable financing, expansion of banking services, corporate social responsibility (CSR) activities, and refinancing of environmentally friendly projects, including sustainability indicators of core banking activities—such as deposit collection, loan disbursement, loan recovery, non-performing loans, capital adequacy, and annual profit.

At a ceremony held at the head office of Bangladesh Bank on August 20, Bangladesh Bank Governor Dr. Ahsan H. Mansur presented a memento and certificate to NCC Bank Managing Director M. Shamsul Arefin.

Bangladesh Bank Deputy Governor Nurun Nahar, Executive Director Manoj Kumar Howlader, Additional Director of Sustainable Finance Department Chowdhury Liaquat Ali, and NCC Bank’s Head of Sustainable Banking Nighat Momtaz, along with other senior officials, were also present at the event.

Managing Director M. Shamsul Arefin said, “For the first time, NCC Bank has been recognized as a Sustainable Bank by Bangladesh Bank, which is undoubtedly a great achievement. This is mainly a recognition of corporate governance and sustainable banking activities.”

He said that NCC Bank has always been conducting its activities following the rules, regulations and guidelines of Bangladesh Bank.

The bank is working towards the economic development of the country through green and environment-friendly financing, technology-based and innovative banking strategies, and financially inclusive CSR activities. He expressed optimism that this prestigious recognition will further encourage sustainable banking activities in the future and play an important role in gaining the trust of customers.