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NCC Bank, BRAC sign term loan deal

Thursday, 21 June 2007


FE Report
National Credit and Commerce Bank (NCC Bank) Limited and Bangladesh Rural Advancement Committee (BRAC) recently signed a term loan agreement.
NCC Bank Managing Director Md Nurul Amin and BRAC Director (Finance) SN Kairy signed the agreement on behalf of their respective organisations.
NCC Bank Deputy Managing Director SM Shamsul Alam, Senior Executive Vice President Swapan Kumar Das and Senior Assistant Vice President Ali Kader, and BRAC Chief Accountant Md Abdus Satter Sarker were also present in the signing ceremony.
Under the agreement, the NCC Bank is giving term loan facility to the BRAC against its micro-credit programme.