NCC Bank inks cash management deal with Akij Resource Group

NCC Bank PLC has signed a Memorandum of Understanding (MoU) with Akij Resource Group to introduce advanced cash management services for the group’s nationwide dealer and distributor network.

Under the agreement, NCC Bank will provide integrated collection solutions through cash and cheque deposits at its branches, the ncc always app, Virtual Account Number (VAN) facilities and real-time payment notifications linked to Akij Resource Group’s ERP system, according to a press release.  

The MoU was signed by NCC Bank Deputy Managing Director Md. Habibur Rahman and Akij Resource Group Representative Director and Group Company Secretary Md. Ruhul Islam in the presence of NCC Bank Managing Director M. Shamsul Arefin. Senior officials from both organisations also attended the signing ceremony.

Speaking on the occasion, Arefin said the partnership reflects NCC Bank’s commitment to expanding technology-driven transaction and cash management services for corporate clients. He said the initiative would make Akij Resource Group’s collection management more transparent, faster and secure while further promoting digital banking services in the country, the press release added.