NCC Bank signs MoU with National Pension Authority

NCC Bank has entered a significant partnership with the National Pension Authority (NPA) through the signing of a Memorandum of Understanding (MoU), aimed at advancing the implementation of the Universal Pension Scheme in Bangladesh.

This agreement empowers NCC Bank to assist its customers in registering and depositing monthly contributions to four key pension schemes: Progoti, Surakkha, Somota, and Probash. Embracing digital innovation, customers will also have the convenience of registering with the NPA and managing their monthly pension contributions directly through the NCC Bank mobile app, enhancing accessibility and ease.

The MoU signing ceremony was held at the Finance Division's conference room, graced by Dr. Md. Khairuzzaman Mozumder, Secretary to the Finance Division, who attended as the chief guest. The agreement was formally signed by M. Shamsul Arefin, Managing Director of NCC Bank, and Md. Mahiuddin Khan, Executive Chairman of the National Pension Authority. Shahin Akter Nuha, Head of Transaction Banking & Cash Management at NCC Bank, along with senior officials from both organisations, were present to witness this landmark event.

This collaborative initiative is poised to make Bangladesh's pension system more inclusive and efficient, reflecting a shared commitment to strengthening social security for all citizens through modern, technology-driven solutions.