NCC Bank rolls out Visa card for SMEs

NCC Bank PLC has launched a new debit card named "Visa Business Multicurrency Debit Card", a cutting-edge financial solution tailored to meet the evolving needs of SME and startup clients.

The card is designed to provide businesses with enhanced financial control, higher transaction limits, and real-time expense tracking. This dual-currency card is internationally operable and features business name embossing, allowing companies to strengthen their brand presence with every transaction.

Nawshad Mustafa, director of the SME and Special Programmes Department at Bangladesh Bank; M Shamsul Arefin, managing director of NCC Bank PLC; and Sabbir Ahmed, country manager for Bangladesh, Nepal and Bhutan at Visa, attended the launch of the card at NCC Bank's head office in Dhaka on Sunday, according to a press release.

Mustafa said, "We extend our congratulations to NCC Bank for introducing this progressive solution. Bangladesh Bank continues to emphasise the development of the CMSME sector, and we encourage all financial institutions to adopt a proactive and committed approach to supporting this critical segment."

Speaking at the event, Arefin said, "Today, we are not merely launching a new card; we are opening a new chapter in NCC Bank's journey toward digital transformation and innovative banking. In today's highly competitive market, SMEs, startups, importers, and exporters require speed, flexibility, and globally recognised financial services."

"We firmly believe this product will open new avenues for the country's business community and mark a significant milestone in Bangladesh's banking industry," he added.

Ahmed said, "The introduction of the Visa Business Debit Card reflects NCC Bank's ongoing commitment to innovation and its efforts to offer future-forward banking tools that support businesses in navigating Bangladesh's increasingly digital and global economy."

Mustafizur Rahman, additional director of Bangladesh Bank; Arifur Rahman, director of business development for South Asia at Visa; M Khurshed Alam, additional managing director of NCC Bank; Md Zakir Anam, Mohammed Mizanur Rahman, Md Monirul Alam, and Md Habibur Rahman, deputy managing directors; and Sharif Mohammad Mahsin, head of SME and agri credit, along with senior management and other high officials, were also present.