National Credit and Commerce Bank Ltd (NCC)

Having started its operations as a commercial bank in 1993, recovering from some primary difficulties, NCCB Bank has now emerged as a major player in the financial sector. The bank has been able to attain a commendable CAMEL rating and its performance has been outstanding in terms of profitability for the year ended 2000. Listed in both the Dhaka and Chittagong bourses since late 1999 with an IPO that raised the paid-up capital of the bank to Tk.39 crore, the current price levels of its shares and turnover in trading is evidence of its high rating among investors. The bank has a strong branch network nation wide with 29 branches and 1 booths to effectively address the needs of its cross- segment customer base.