NCC Bank signs SCF deal with Akij Resource Group

Bangla Press Desk: NCC Bank has signed a Memorandum of Understanding (MOU) with six leading Companies of Akij Resource- Akij Essentials Limited, Hashem Rice Mills Limited, Akij Agro Feed Limited, Akij Ispat Limited, Nobayon Traders Limited, and Akij Cement Company Limited—to introduce a comprehensive Supply Chain Finance (SCF) arrangement for their designated suppliers. Under this strategic collaboration, NCC Bank will extend supply chain financing facilities to eligible and reputed suppliers. The initiative is designed to meet suppliers’ working capital needs by enabling timely access to finance against buyer-approved invoices.

A signing ceremony was held at NCC Bank's Head office, Motijheel, Dhaka on this occasion. Md. Habibur Rahman, Deputy Managing Director of NCC Bank and Md. Ruhul Islam, Director of Akij Agro Feed Ltd. signed and exchanged the agreement on behalf of their respective organizations. M. Khurshed Alam, Additional Managing Director, Md. Zakir Anam and Mohammed Mizanur Rahman, Deputy Managing Directors, Sharif Mohammad Mahsin, SVP & Head of SME, Mufti Mustafizur Rahman, SVP & Head of Branch and Business from NCC Bank Bhaban Branch, and Sheikh Sadi, Chief Treasury Officer, Sohanur Rahaman Sohan, Deputy COO from Akij Resource Group along with other high officials from both concerns were present.

M. Khurshed Alam, Additional Managing Director stated that this partnership underscores NCC Bank’s commitment to supporting sustainable business growth, strengthening supplier ecosystems through innovative banking solutions. The collaboration with the companies of Akij Resource Group—recognized for their strong market presence and operational excellence—reflects the Bank’s focus on building long-term partnerships that add value across the supply chain. 

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