National Credit and Commercial Bank Limited (NCC Bank) unveiled its priority plans in the current fiscal year at a press conference in the city recently.

According to the plans, the bank will adopt ‘area approach’ in agri-financing schemes. Ex-panding its agri-loan coverage area, it will expand its agri-financing operation in Cox’s Bazar and Laxmipur.

The press conference was arranged on the occasion of the bank’s 18th year’s completion at Jatiya Press Club in the city.

The bank will also open SME and agri-branches at rural areas across the country. The branches will operate banking activities including disbursing loans among women entrepreneurs without security deposit. Moreover, the bank planned to open six branches including 100 ATM booths at urban areas in the country during the current fiscal.

NCC Bank Vice President Md Harunur Rashid, Managing Dire-ctor and CEO Mohammed Nurul Amin, Additional Managing Director Golam Hafiz Ahmed, among others, were present on the occasion.

Besides agri-loan, the bank would disburse credit to purchase irrigation machinery, crops cutting and crushing machines. It will also provide loans for purchasing of drugging of ponds and foods for fishes.

In livestock sector, the bank would disburse loan for cow, dairy farm, poultry farm to develop the country’s dairy farm.

As part of its given importance in cluster financing the bank is providing finance to the shoe industries at Kaluhati in Rajshahi district, small garment industry in Syedpur, handloom industry of Tangail and farmers of Baralekha.

The bank will build new networks to provide loans through mobile banking. It will set up an exchange house in UK to increase remittance flow in the country.

NCC Bank started its operation in November 25, 1985.

News:  Daily Sun/ Bangladesh/ May-19-2011