NCC Bank

What NCC Bank does

NCC Bank PLC (National Credit and Commerce Bank PLC) is a Dhaka-headquartered, DSE-listed private commercial bank in Bangladesh operating since 1985 (converted to a full commercial bank in 1993) with 132 branches, 148 ATMs, 10 Upa-Shakhas, and over 10 million customers. The bank provides a full-stack product portfolio spanning deposit accounts, retail and SME lending, corporate and trade finance, treasury and primary dealer operations, Islamic banking, NRB remittance, and card services through Visa, Mastercard, and Bangladesh's national TakaPay network. It operates NCCB Securities, a wholly-owned stock broking subsidiary with DSE/CSE membership and CDBL depository participant status serving 15,000+ clients. The bank earns revenue primarily through net interest income on its lending book (home, car, personal, education, health, professional, marriage, CMSME, NRB, and corporate loans), supplemented by transaction fees on remittance, cards, trade finance, treasury, and securities brokerage commissions (0.45%).

The bank's technology stack centers on a digital overlay built around core banking infrastructure: the NCC Always internet/mobile banking platform (implemented by Brain Station 23 PLC), the Sanchayee digital onboarding app for eKYC-based instant account opening, the newly launched Digital Loan Management System (DLMS) deployed nationally with Unisoft Systems Limited, and SMS banking via shortcode 7464. It maintains 24/7 API connectivity with bKash and Nagad mobile wallets, MoneyGram and 48 MTO partners for remittance disbursement, and Visa/Mastercard payment rails. Compliance posture is anchored by Primary Dealer status since 2003, PCI-DSS certification, and ISO 27001:2022 certification achieved in two months. NCC Bank monetizes through subscription-style deposit products, interest-bearing and fee-based loan products, transaction-based brokerage and remittance fees, and trade/treasury spreads, distributed via direct retail, enterprise sales teams, digital self-serve, and a partner/reseller remittance ecosystem.

Name

NCC Bank

Legal name

National Credit and Commerce Bank PLC

Website

https://nccbank.com.bd

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

NCC Bank PLC is a Dhaka-based, DSE-listed Bangladeshi commercial bank with 132 branches, 148 ATMs, and 10M+ customers, offering deposits, retail/SME/corporate lending, Islamic and NRB banking, card services, and stock broking through subsidiary NCCB Securities.

Ownership category

akta.pro rank

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices11 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Net Interest Income: Interest income earned from lending activities including home loans, car loans, personal loans, professional loans, education loans, health loans, marriage loans, CMSME/SME loans, corporate loans, and NRB home loans, offset by interest paid on deposits. This is the primary revenue stream for the bank.
2. Fee and Commission Income: Income from banking fees including account maintenance, transaction charges, loan processing fees, credit card fees, ATM charges, SMS banking fees, and foreign exchange transaction commissions.
3. Stock Broking and Securities Services: Revenue generated by NCCB Securities & Financial Services Limited through brokerage commission (0.45% flexible), margin loan interest (17% flexible), depository participant fees, and consultancy services. The subsidiary has 15,000+ clients and Tk. 10 crore maximum deposit.
4. Remittance Services: Income from processing international remittance transfers through partnerships with 27+ MTOs globally, with disbursement via branches, mobile wallets (bKash, Nagad), and account credits. Volume-driven revenue from transaction fees and foreign exchange margins.
5. Treasury and Fixed Income Operations: Revenue from trading and investing in government securities (Treasury bills and bonds) as a Primary Dealer, foreign exchange dealing (spot, forward, SWAP, term placements), and money market operations (overnight call, repo/reverse repo). The bank was nominated as primary dealer by Bangladesh Bank in 2003.
6. Trade Finance: Income from import/export financing, letters of credit, acceptances, deferred bills, and offshore banking unit operations as a Primary Dealer of Government securities.
7. Offshore Banking Unit (OBU): Revenue from offshore banking operations including discounting/purchasing of usance/deferred bills against imports and exports, and medium/long-term loans to industrial enterprises, subject to Bangladesh Bank approval.

Pricing tiers

Go-to-market motion4 records

Distribution channels11 records

Marketing channels11 records

Core offering

NCC Bank PLC is a publicly listed commercial bank in Bangladesh providing deposit products (savings, current, fixed deposits, special schemes), loan products (home, car, personal, professional, education, health, marriage, SME, corporate), card services (credit, debit, prepaid via Visa, Mastercard and TakaPay), domestic and international remittance services through 48+ MTO partners, treasury and foreign exchange operations, and Shariah-compliant Islamic banking. It also operates NCCB Securities, a wholly-owned subsidiary providing stock broking and depository services through DSE and CSE.

Product overview

NCC Bank operates as a comprehensive commercial banking platform offering a diverse portfolio of traditional and digital banking products. The core banking infrastructure encompasses deposit products (Current, Savings, Fixed Deposits, Special Schemes), loan products (Home, Car, Personal, Professional, Education, Health, Marriage loans), and card services (Credit, Debit, Prepaid across Visa and MasterCard networks). The bank's digital ecosystem is built around multiple platforms including NCC Always (internet/mobile banking), Sanchayee (digital account onboarding), and NCC Digital for online services. Specialized banking divisions include NCC Islamic (Shariah-compliant banking), NCC Parama (women-focused banking with dedicated cards and savings products), NCC NXT (youth banking with specialized accounts), and NRB Banking (non-resident banking with remittance services and investment bonds). The SME Banking division supports CMSME sector with specialized financing products, while NCCB Securities provides stock broking and investment services through DSE and CSE. The bank has recently launched innovative products including TakaPay (national debit card), NCC NeoX (green savings account), and Freelancer Account, demonstrating expansion into digital-first and niche banking segments.

Differentiator

Problem solved

Functional benefit

Brands

• NCC Islamic: Shariah-based Islamic banking services
• NCC Always
• NCC Parama
• NCC CSS
• Green PIN
• NCC ICON
• NCC NXT
• NCC NeoX
• Sanchayee
• TakaPay

Products and services

• NCC Bank Deposit Products Comprehensive deposit products including Current Deposit, Savings Bank, Special Notice Deposit, Special Savings Scheme, Special Fixed Deposit, Money Double Program, Power Saver, Interest First, Double Benefit Scheme, Millionaire Scheme, and Kotipoti Scheme offered to retail and corporate customers in Bangladesh.
• NCC Bank Loan Products Extensive lending portfolio covering Home Loan, Abashan Loan, Car Loan, Affordable Car Key, Unsecured Personal Loan, Professional Loan, Health Loan, Marriage Loan, and Education Loan offered to individual and corporate borrowers in Bangladesh.
• NCC Cards Portfolio Complete card portfolio including Credit Cards (Visa Classic, Visa Gold, Visa Platinum, Visa Signature, MasterCard Titanium), Debit Cards (Multi-Currency, TakaPay, Visa Business), and Prepaid Cards (Consumer, Hajj, Reloadable Visa) for retail and corporate customers.
• NCC Always - Internet and Mobile Banking Retail internet banking, mobile banking and wallet solution enabling customers to access accounts, conduct transactions, and manage finances digitally through web and mobile channels.
• Sanchayee - Digital Onboarding App Digital account opening application enabling customers with valid NID/Smart Card to instantly open current and savings accounts anytime, anywhere under Bangladesh Bank eKYC guidelines.
• NCC Islamic Banking Shariah-based banking products and services operating through dedicated Islamic Banking branches and windows across Bangladesh, including Muradpur, Chattogram full-fledged branch.
• NCC Parama - Women's Banking Women-focused banking portfolio including VISA cards, savings accounts (Parama Nari Samota, Parama Power Saver), and fixed deposits (Parama Payroll, Parama Fixed Deposit).
• NCC NXT - Youth Banking Youth-oriented banking products including NCC NXT Savings Account (youngster account), NCC NXT Maximus Fixed Deposit, and NCC NXT Moneyplant DPS for young adults aged 18+.
• NRB Banking and Remittance Services Specialized banking for Non-Resident Bangladeshis including NRB Plus Savings Account, NRB Millionaire Scheme, NRB Special Savings Scheme, NRB WDPS, NRB Home Loan, government bonds (US Dollar Premium Bond, U.S. Dollar Investment Bond, WEDB), and remittance disbursement via 1500+ payment locations.
• NCCB Securities and Financial Services Fully owned subsidiary providing stock broking services on Dhaka (member No. 61) and Chittagong (member No. 132) Stock Exchanges, depository participant services via CDBL, margin loan facilities (17% interest), BO account opening, custodian services, and portfolio management serving 15,000+ clients.
• NCC Bank Treasury Services Treasury solutions including Foreign Exchange dealing (spot, forward, SWAP, term placements), Money Market operations (overnight call, repo/reverse repo), Fixed Income trading, and Primary Dealer operations for government Treasury Bills and Bonds.
• NCC Bank SMS Banking SMS-based banking services enabling balance inquiry, transaction history, PIN change, cheque book request, and account list inquiry via SMS to shortcode 7464.
• SME / CMSME Banking Comprehensive SME banking services including CMSME financing, cluster financing, and specialized SME products such as Commercial Building Loan, Commercial Vehicle Loan, and Supply Chain Finance, plus refinance scheme participation.
• Offshore Banking Unit (OBU) Offshore banking operations providing international banking services including trade finance, export/import bill discounting, and medium/long-term loans to industrial enterprises, subject to Bangladesh Bank approval.
• Digital Loan Management System (DLMS) State-of-the-art digital loan management system implemented across all branches by Unisoft Systems Limited, designed to streamline loan processing workflows, reduce turnaround times, enhance transparency, and improve overall customer experience.
• NCC Freelancer Account Specialized banking product designed to provide financial solutions for freelancers, supporting financial inclusion for the national economy.
• NCC NeoX Green Savings Account Fully digital and eco-friendly savings account launched under the 'Go Digital, Go Green' slogan to promote sustainable banking practices.
• TakaPay National Debit Card Bangladesh's National Debit Card initiated by Bangladesh Bank and operated entirely through domestic infrastructure as a local alternative to international payment networks.
• Corporate Banking and Cash Management Corporate Banking, Transaction Banking and Cash Management, Structured Finance, Supply Chain Finance agreements, Payroll Banking Services, and Cash Management Solutions for large corporate and institutional clients.

Quantifiable outcome

• 33 years of uninterrupted banking operations with consistent growth in Shareholders' equity, total Assets, and EPS (as per 2023 AGM statement by Chairman)
• +6 more outcomes

Named customers12 records

Segments9 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

Feature13 records

Partnerships

23 partnerships are on record, tiered minor and core.

• Ramada by Wyndham Cox's BazarminorGTM or Marketing Partner · 1 March 2026NCC Bank signed an MoU with Ramada by Wyndham Cox's Bazar to offer exclusive privileges and benefits to NCC Bank cardholders and employees. This is a co-marketing partnership enhancing card value.
• Unisoft Systems LimitedcoreTechnology or Integration · 19 February 2026NCC Bank signed an agreement with Unisoft Systems Limited (a Dhaka-based software company) to launch a Digital Loan Management System (DLMS) across all branches nationwide. The system streamlines loan processing workflows, reduces turnaround times, enhances transparency, and improves overall customer experience. This is a key milestone in NCC Bank's digital transformation journey.
• Sayeman Beach Resort and Sayeman HeritageminorGTM or Marketing Partner · 19 February 2026NCC Bank signed an MoU with Sayeman Beach Resort Limited and Sayeman Heritage (two premium five-star beach resorts in Cox's Bazar) to provide exclusive privileges for NCC Bank Signature and Platinum Credit Cardholders.
• ichiiba LimitedcoreStrategic or Co-development Partner · 14 December 2025NCC Bank signed an agreement with ichiiba Limited to ensure entrepreneurs in the CMSME sector receive bank loans quickly and easily. This partnership marks a significant milestone in enhancing access to finance for small businesses in the country.
• SME FoundationcoreStrategic or Co-development Partner · 13 December 2025NCC Bank signed two significant financing agreements with SME Foundation covering the Credit Wholesaling Program under the Government's Revolving Fund and a second financing program for expanding access to finance for CMSMEs in Bangladesh.
• Meghna Life Insurance Company Ltd.minorStrategic or Co-development Partner · 4 September 2025NCC Bank and Meghna Life Insurance signed a strategic MoU ensuring enhanced financial security for NCC Bank home loan customers. Under the agreement, all regular home loan borrowers of NCC Bank receive insurance coverage.
• National Pension Authority (NPA)minorStrategic or Co-development Partner · 28 May 2025NCC Bank signed an MoU with NPA as part of the Universal Pension Scheme implementation. NCC Bank will assist customers in registering and depositing monthly contributions to four pension schemes.
• bKash LimitedcoreStrategic or Co-development Partner · 21 May 2025NCC Bank and bKash entered into a strategic MoU to offer 24/7 automated cash management services for bKash distributors, agents, and merchants. API connectivity enables instant remittance disbursement to bKash wallets 24/7.
• Gana Unnayan Kendra (GUK)minorStrategic or Co-development Partner · 10 May 2025NCC Bank and GUK signed an MoU to strengthen climate resilience and improve sustainable livelihoods in the char areas of Fulchhari Upazila under Gaibandha district. NCC Bank will provide support under its CSR initiatives.
• PRAN-RFL GroupcoreStrategic or Co-development Partner · 16 April 2025NCC Bank signed a Supply Chain Finance Agreement with PRAN-RFL Group to strengthen the financial ecosystem for PRAN-RFL's suppliers under the SME segment. Additionally, a separate Cash Management Solution agreement covers distributors and representatives of PRAN-RFL Group.
• Commerce Plex Ltd. (Simpaisa), UKminorChannel Partner/ Reseller/ Distributor · 5 March 2025NCC Bank signed a remittance drawing agreement with Commerce Plex Ltd. (Simpaisa), UK for quick and safe remittance services for Bangladeshi expatriates in the UK and EU Zone.
• Dhaka Mass Transit Company Ltd. (DMTCL)coreStrategic or Co-development Partner · 16 February 2025NCC Bank signed an agreement with DMTCL to install ATM/CRM machines at all stations under MRT-6 line of Metro Rail, beginning with Shahbagh Metro Rail Station. ATM rollout commenced across all 16 MRT Line-6 stations.
• VisacoreStrategic or Co-development Partner · 26 December 2024NCC Bank entered into a strategic partnership with Visa, a global leader in digital payments. This collaboration significantly enhances the convenience and accessibility of digital payment services for NCC Bank's valued customers, covering credit, debit, and prepaid card products.
• iota Consulting BDminorImplementation/ SI/ Consulting Partner · 19 December 2024NCC Bank signed an agreement with iota Consulting BD to provide specialized services on the Sustainability Report of the Bank, supporting ESG reporting and compliance.
• General Pharmaceuticals Ltd.minorStrategic or Co-development Partner · 16 December 2024NCC Bank entered into a strategic agreement with General Pharmaceuticals Ltd. to provide Payroll Banking Services as part of its Cash Management Solutions, delivering customized financial services to the employees of General Pharmaceuticals.
• Visa (Women's Banking - NCC Parama)coreStrategic or Co-development Partner · 21 August 2024NCC Bank launched VISA Debit, Credit & Prepaid cards exclusively for women under the 'NCC Parama' women banking segment, covering Visa Debit, Credit, and Prepaid variants. Developed in partnership with Visa.
• Arab National Bank (ANB)minorChannel Partner/ Reseller/ Distributor · 11 June 2024A bilateral remittance development meeting was held between Arab National Bank (ANB) and NCC Bank, represented by Khaled A. Ibrahim, Head of TeleMoney Remittance Services of ANB, and Managing Director M. Shamsul Arefin of NCC Bank.
• Brain Station 23 PLCcoreTechnology or Integration · 8 March 2024NCC Bank signed an agreement with Brain Station 23 PLC for Supply & Implementation of Retail Internet Banking, Mobile Banking, and Wallet Solution 'NCC Always'. This advanced fintech solution enables advanced retail banking activities across digital channels.
• Visa (Reloadable Prepaid Card)coreStrategic or Co-development Partner · 22 September 2023NCC Bank launched reloadable Visa Consumer Prepaid Card equipped with NFC technology and EMV Chip. The dual-currency card features zero annual fee, 1% cashback, and free cash withdrawal from NCC Bank ATMs and NPSB/Visa-enabled ATMs. Launched in partnership with Visa and ITC Consultants Limited.
• MoneyGram InternationalcoreChannel Partner/ Reseller/ DistributorNCC Bank is a super-agent of MoneyGram, one of the world's largest money transfer companies. This partnership enables NCC Bank to offer global remittance services to customers across Bangladesh through its extensive branch and payment network.
• Western UnioncoreChannel Partner/ Reseller/ DistributorNCC Bank is a global partner with Western Union for remittance services. Western Union transfers can be disbursed through NCC Bank's nationwide branch network and digital channels.
• NagadcoreChannel Partner/ Reseller/ DistributorNCC Bank has partnered with Nagad (30 million wallet accounts) for 24/7 instant remittance disbursement via API connectivity. Nagad is one of Bangladesh's leading mobile financial service providers.
• Enterprise InfoSec Consultants (EIC)minorImplementation/ SI/ Consulting PartnerEnterprise InfoSec Consultants (EIC) assisted NCC Bank in achieving the ISO 27001:2022 certification for Information Security Management, which was achieved in just two months — described as a unique example in the sector.

Scale indicators22 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Eastern Bank PLC (EBL): Mid-to-large Bangladeshi commercial bank with strong corporate, treasury, and card businesses. Closely comparable to NCC Bank on product breadth (deposits, loans, cards, treasury, NRB); M. Khurshed Alam, NCC's new AMD, was previously CRO at EBL, signaling direct talent overlap.
• BRAC Bank PLC: One of Bangladesh's largest private commercial banks with a similar full-service retail, SME, and corporate franchise plus a digital focus (Aster, Astha). Comparable to NCC Bank across deposits, cards, SME, and NRB banking, though significantly larger by branch count and assets.
• Dutch-Bangla Bank PLC: Bangladesh-focused commercial bank with an extensive agent banking and ATM network plus strong remittance operations. Directly comparable to NCC Bank on retail, SME, and NRB segments; often cited as a technology-led peer.
• Southeast Bank PLC: Bangladeshi commercial bank with similar full-service retail, SME, and corporate banking profile. Comparable in branch count, customer segmentation, and Islamic banking offerings.
• The City Bank PLC: Full-service Bangladeshi private commercial bank competing head-on with NCC in retail, SME, corporate, NRB, and Islamic banking. Comparable customer segments, branch footprint, and product catalog.
• One Bank PLC: Bangladeshi private commercial bank directly comparable in scale and product mix to NCC Bank; NCC's MD M. Shamsul Arefin previously held senior roles at ONE Bank, indicating shared DNA and competitive overlap.
• Mutual Trust Bank PLC (MTB): Bangladeshi commercial bank with similar retail, SME, and wholesale banking divisions. Md. Habibur Rahman, NCC's new DMD, was previously SEVP & Head of Wholesale Banking Division-02 at MTB — directly relevant for understanding NCC's wholesale strategy.
• Prime Bank PLC: Bangladesh-focused private commercial bank offering retail, corporate, Islamic, and NRB banking — overlapping product set with NCC Bank and similar branch-led distribution.
• Jamuna Bank PLC: Mid-sized Bangladeshi commercial bank with similar retail, SME, and corporate offerings plus Islamic banking. NCC's MD previously worked at Jamuna Bank, and the two compete across most major product lines.
• EXIM Bank PLC: Bangladesh commercial bank with comparable retail, SME, and trade-finance focus. NCC's DMD Md. Zakir Anam previously won EXIM's Chairman's Best Branch Manager Award, indicating shared branch-management talent pool.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

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Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NCC Bank