NRBC Bank celebrates nine years of success

After nine years of operation, NRBC Bank stepped into its tenth year on Saturday. Together, the directors and sponsors of the bank celebrated the nine years of actualising the dream at an event. On the occasion, the sponsors said that NRBC Bank was working for the betterment of the masses through its diverse banking services.
All non-residential directors and sponsors attended the event virtually and physically, which was organised by the Head Office with SM Parvez Tamal, Chairman of the Bank, presiding over the event, says the bank in a statement.
Managing Director and CEO Golam Aulia greeted Chairman of the bank SM Parvez Tamal, Directors AM Saidur Rahman, AKM Mostafizur Rahman, Shareholders Mohammad Ali Chowdhury Mamun and Arif Sikder on behalf of the Management. Besides, on the occasion of the ninth anniversary, Iftar and prayer mahfil was organised in all Branches and Sub-branches across the country on Sunday.
NRBC Bank, the dream company of 53 NRBs, was established in 2013. During the discussion, the sponsors said that they are far ahead of all contemporary banks in terms of humanitarian and inclusive banking activities. Sub-branches are being opened across the country to provide banking services to the people in the remotest of areas. In order to create employment among the rural community, the Bank engaged itself into micro credit with low interest rate.
Rafikul Islam Mia Arzoo, Vice Chairman of the Bank, said that NRBC Bank embodied good governance by setting a milestone. The Bank that went nearly bankrupt in 2016 is now being a leader and followed by other banks.
SM Parvez Tamal, Chairman of the Bank, said, "We are providing banking services to our customers by increasing our skilled manpower and expanding our services through technology. Employees of different levels of the Bank have worked tirelessly to extend banking services to cities as well as rural areas."
"Micro-credit loans are being disbursed to marginalised people through sub-branches. We, the NRBs, have been very successful in achieving the goal we aimed for during the last nine years. We want door-to-door employment and development of rural areas. For this we are working through sub-branches, micro credits, partnership banking."
NRBC Bank, which was officially launched on April 2, 2013, had a deposit volume of Tk. 110.46 billion (11,046 crore) at the end of December 2021 and loans and advances of Tk. 104.79 billion (10,479 crore). Profits are increasing every year. Single-digit interest based microfinance is being disbursed to create new entrepreneurs amongst the rural people. Micro-credit of Tk. 8.15 billion (815 crore) has been disbursed to about 21,000 customers. There are 650 sub-branches including 93 branches for conducting service activities across the country. Sub-branches include Land Registration Booths, BRTA Fee Collection Booths etc.
Besides, there are 590 agent outlets across the country. Besides, the customers of the Bank are enjoying instant banking services from about 70 ATM booths and CRM booths across the country. The Planet app has brought banking on the palm of their hands.