NCC Bank launches green savings account ‘NCC NeoX’

NCC Bank PLC yesterday launched a fully digital, eco-friendly savings account, titled “NCC NeoX”, under its retail banking portfolio.

With the slogan “Go Digital, Go Green”, the initiative aims to promote sustainable banking practices while offering customers modern, convenient digital services.

Through the NCC NeoX account, customers can open accounts entirely online, complete e-KYC verification, and receive a recyclable debit card.

Funds deposited in the account will be channelled into green initiatives such as renewable energy, waste management, and sustainable agriculture, according to a press release.

Md Nurun Newaz Salim, chairman of NCC Bank PLC, inaugurated the service as chief guest at the bank’s annual conference in Dhaka and said the bank remains committed to advancing eco-friendly banking practices and contributing to global sustainable development goals.

“The NCC NeoX Savings Account offers customers an opportunity to engage in green financing while enjoying modern digital banking benefits and contributing to environmental protection,” he said.

M Shamsul Arefin, managing director of the bank, said the NCC NeoX account reflects the institution’s focus on digital transformation and sustainability.

“This innovative service will not only provide customers with a seamless digital banking experience but also make them partners in long-term economic and environmental well-being,” he said.

Customers will enjoy digital banking facilities, competitive interest rates, free internet banking and SMS alerts, along with recognition as green banking partners.

Abdus Salam, vice-chairman of the bank; Amjadul Ferdous Chowdhury, director and former chairman; Tanzina Ali, director and former vice-chairman; Khairul Alam Chaklader, director and chairman of the executive committee; Syed Asif Nizamuddin, Md Moinuddin, Mohammed Sazzad Un Newaz, Shamima Newaz, Morshedul Alam Chaklader and Nahid Banu, directors, attended the event.

Meer Sajed-Ul-Basher, independent director; Md Amirul Islam, independent director and chairman of the audit committee; M Khurshed Alam, additional managing director; Md Habibur Rahman, deputy managing director; and SM Tanvir Hasan, head of the retail banking unit, were also present.