NCC Bank approves 21% dividend for 2025

National Credit and Commerce Bank PLC has approved a 21% dividend for 2025 at its 41st annual general meeting, held on a digital platform today (24 June).

The dividend comprises 17% cash and 4% stock dividend.

Mohammed Nurun Newaz, Chairman of NCC Bank, presided over the meeting.

Abdus Salam, Vice-Chairman; Amjadul Ferdous Chowdhury, Director and Past Chairman; Khairul Alam Chaklader, Director and Chairman of the Executive Committee; Md Moinuddin, Director; Mohammed Sazzad Un Newaz, Director; Tanzina Ali, Director and Past Vice-Chairman; Syed Asif Nizamuddin, Director; Shamima Newaz, Director; Morshedul Alam Chaklader, Director; Nahid Banu, Director; Meer Sajed-Ul-Basher, FCA, Independent Director; and Md Amirul Islam, FCS, FCA, Independent Director and Chairman of the Audit Committee, joined the meeting.

M Shamsul Arefin, Managing Director of NCC Bank; M Khurshed Alam, Additional Managing Director; Md Zakir Anam, Mohammed Mizanur Rahman and Md Habibur Rahman, Deputy Managing Directors; and Md Nazrul Islam Chowdhury, FCS, Company Secretary (CC), also joined the meeting, along with a large number of shareholders.

The shareholders cast their votes virtually.

The audited financial statements of the bank for the year ended 31 December 2025, along with the auditors' report and the directors' annual report, were placed before the shareholders and approved by majority vote.

In his address, Mohammed Nurun Newaz said NCC Bank achieved resilience and strategic progress in 2025 despite global and domestic economic challenges.

He said the bank met various financial indicators and regulatory benchmarks set by Bangladesh Bank and secured a position among the top 10 sustainable banks in Bangladesh.

The recognition reflected the bank's financial foundation, sound corporate governance and commitment to sustainable development, he said.

He also said the bank's financial strength had been reinforced through continued growth in shareholders' equity and total assets.

Mohammed Nurun Newaz said NCC Bank had been making progress by maintaining asset quality, increasing low-cost deposits, improving fund management efficiency, raising fee and commission-based income, adopting advanced technologies, ensuring transparency and accountability, and improving customer service.

M Shamsul Arefin responded to queries raised by shareholders participating online.

He said NCC Bank had emerged as one of the country's trusted and financially sound banks during its 33-year journey.

He said the bank's current commitment is "Innovate to Evolve, Transform to Lead".

Considering customers' evolving needs, NCC Bank is placing greater emphasis on expanding digital banking, sustainable finance, financial inclusion and Shariah-based Islamic banking operations, he said.

M Shamsul Arefin said the bank is focusing on expanding SME and retail businesses, increasing remittance and export business, enhancing fee and commission-based income, developing artificial intelligence-driven solutions, promoting cashless transactions, increasing investment in green and environmentally sustainable projects, and strengthening financial inclusion.

He said NCC Bank continues to contribute to building a modern and cashless economy through digital services such as the "NCC Always" and "NCC ICON" apps, A-Challan, D-Toll, QR-based transactions and metro rail recharge facilities.

He reiterated that NCC Bank remains committed to strengthening stakeholders' confidence through strategic initiatives, innovation and customer-centric services.