NCC Bank launches automated environmental and social risk system

NCC Bank has officially launched an advanced Automated Environmental and Social Risk Management (ESRM) system in line with its commitment to eco-friendly financing and sustainable banking.

This technology-driven platform marks an innovative shift in the bank's credit process, making environmental and social risk assessments faster, more accurate, and transparent for business and compliance. By enabling real-time monitoring of credit risks through a central database, the system will accommodate internal, regulatory, and international standards, while encouraging borrowers to adhere to environmental and social governance. This initiative will further ensure greater transparency, consistency, and accountability in the bank's overall risk management framework.

The launching ceremony was attended by Meer Sajed-Ul-Basher, FCA, Independent Director of NCC Bank; M. Shamsul Arefin, Managing Director; M. Khurshed Alam, Additional Managing Director; Md Zakir Anam, Mohammed Mizanur Rahman, and Md Habibur Rahman, Deputy Managing Directors; Nighat Mumtaz, EVP & Head of Sustainable and Women's Banking; and Md Sajjadul Islam, SVP & Head of Information and Communication Technology (ICT), along with other senior officials of the bank.

Speaking at the event, Meer Sajed-Ul-Basher, FCA, Independent Director of NCC Bank, said, "The introduction of the automated ESRM system reflects NCC Bank's strategic focus on embedding sustainability into its core business operations. This technology-driven approach will strengthen risk governance, enhance transparency, and ensure that environmental and social considerations are systematically included in financing decisions."

M. Shamsul Arefin, Managing Director of NCC Bank, remarked, "Environment-friendly, sustainable banking is no longer optional—it is a moral responsibility. The automated ESRM system will significantly enhance efficiency, transparency, and accountability in managing environmental and social risks across our loan portfolio." He further expressed optimism that the initiative would accelerate the growth of NCC Bank's green portfolio while meeting internationally recognised standards and the expectations of regulatory authorities.