National Credit and Commerce Bank Limited (NCC Bank) signed a foreign remittance drawing agreement with NRBC Bank at its headquarters on Sunday.
Khondoker Nayeemul Kabir, managing director and CEO (CC) of NCC Bank and Md Mukhter Hossain, managing director and CEO of NRBC Bank signed the agreement on behalf of their respective organisations, according to a press release.
M Shamsul Arefin, deputy managing director of NCC Bank was also present on the occasion.
Under this agreement, NRBC Bank will be able to pay foreign remittances as a sub-representative of NCC Bank from its affiliated MTOs.
Additionally, Muhammad H Kafi, SEVP and head of operations; Mohammed Mizanur Rahman, SEVP and CFO; Md Zakir Anam, SEVP and manager of Banani Branch; Md Mahfuzur Rahman, SVP and head of Remittance and NRB Services of NCC Bank; Kabir Ahmed, SEVP and head of the International Division; Md Abu Moshaheed, VP and head of Treasury (Back Office) of NRBC Bank, among others, were also present on the occasion, it added.