- CEO
- Touhidul Alam Khan
- Sector
- Finance
- Industry
- Major banks
- Address
- Dhaka Bangladesh
- IPO Date
- Mar 22, 2021
- Business
- NRBC Bank PLC provides a wide range of conventional, Islamic, and digital banking and financial services to retail, small and medium-sized enterprise (SME), corporate, institutional, and non-resident Bangladeshi (NRB) clients. Founded in 2013 and headquartered in Dhaka, Bangladesh, the company operates across Bangladesh through an extensive network of conventional branches, Islamic banking windows, sub-branches, and agent banking outlets, while maintaining international remittance partnerships globally. The bank operates through Conventional Banking, Islamic Banking, Off-Shore Banking, and Capital Market business segments. Its core product and service portfolio comprises retail banking solutions, including savings, current, recurring, and fixed deposit accounts, student and education schemes, home mortgages, auto loans, personal loans, and secured overdraft facilities; corporate and institutional banking services, including working capital financing, project and syndicated finance, structured lending, trade finance, letters of credit, and bank guarantee issuance; SME, agricultural, and microfinance services, including small enterprise loans, cottage industry financing, rural micro-credit facilities, and crop lending; Islamic banking solutions, marketed under the Al Amin brand, offering Shariah-compliant deposit accounts, profit-sharing schemes, and Islamic financing products structured under Mudaraba, Murabaha, and Ijarah principles; cards and electronic payment services, including Visa and Mastercard-branded credit cards, debit cards, prepaid cards, and POS terminal services; digital banking solutions, including the PLANET mobile banking application, internet banking, utility bill payment gateways, and Bangla QR merchant acquiring; treasury and foreign exchange operations, encompassing foreign currency trading, offshore banking, liquidity management, sovereign bond dealing, and global remittance handling; and capital market operations, including equity brokerage, trading services, and margin lending managed through its subsidiary, NRBC Bank Securities Limited. In recent corporate developments, the institution officially changed its legal name from NRB Commercial Bank Limited to NRBC Bank PLC. The bank has expanded its strategic alliances and operational capabilities by entering into a technology-driven foreign trade partnership with May International Trade Services Limited to deploy real-time vessel monitoring, container tracking, and trade verification systems; integrating with mobile financial services provider bKash to deliver instant, automated cross-border remittance settlements; joining the Bangladesh Bank Tk 30 billion Export Diversification Refinance Scheme to support export-oriented enterprises with low-cost financing; launching digital innovations such as a QR-based bank statement verification platform and a nationwide Bangla QR campaign for cashless retail transactions; introducing the NewGen financial product suite tailored for university students and young professionals; collaborating with the NABAPALLAB initiative to widen micro-lending access for marginalized rural communities; releasing its inaugural Global Reporting Initiative-aligned Sustainability Report to advance green banking; and executing strategic asset recovery programs to reinforce loan performance and asset quality.