NCC Bank signs deal with ichiiba to ensure easy loans for CMSME entrepreneurs

To ensure that entrepreneurs in the country's CMSME (Cottage, Micro, Small, and Medium Enterprises) sector receive bank loans quickly and more easily, NCC Bank has recently signed an agreement with ichiiba Limited.

According to a press release, this signing marks a significant milestone in enhancing the country's financial inclusion, developing supply chain efficiency, and ensuring the sustainable growth of small and medium businesses.

Through this partnership, entrepreneurs in the CMSME sector within ichiiba's network will gain access to faster and easier financing facilities for procurement of goods, payments, collections, and managing daily business operations in suitable and potential areas. This strategic partnership opens new possibilities for CMSME sector entrepreneurs and will help make the sector more modern and competitive.

At a ceremony held at NCC Bank's head office in Motijheel, Dhaka on this occasion, Md. Habibur Rahman, Deputy Managing Director of NCC Bank, and Nargish Fatema, Director of Ichiiba Limited, signed and exchanged the agreement on behalf of their respective organizations.

Also present at the event were M. Khurshed Alam, Additional Managing Director; Mohammed Mizanur Rahman and Md. Monirul Alam, Deputy Managing Directors; Nighat Mumtaz, EVP & Head of Sustainable and Women’s Banking; Sharif Mohammad Mahsin, SVP & Head of SME; Md. Sajjadul Islam, SVP & Head of ICT Division; Shahin Akter Nuha, SVP & Head of Transaction Banking and Cash Management Division from NCC Bank; and Professor Dr. Syed Akhter Hossain, Advisor and Iftekhar Hossain, General Manager from ichiiba Limited.