NCC Bank has officially unveiled its state-of-the-art Automated Environmental and Social Risk Management (ESRM) system, marking a significant step forward in the bank’s commitment to sustainable and eco-conscious banking practices.
The newly launched technology-driven platform is designed to revolutionise the bank’s credit assessment processes. By automating environmental and social risk evaluations, the system promises faster, more accurate, and highly transparent assessments, aligning business operations with both regulatory and international standards. This advancement underscores NCC Bank’s dedication to promoting responsible lending while encouraging borrowers to adhere to strong environmental, social, and governance (ESG) principles.
A key feature of the ESRM system is its ability to provide real-time monitoring of credit risks through a centralised database. This ensures consistency and accountability in risk management practices, enabling the bank to maintain a robust framework for compliance and governance while mitigating potential environmental and social risks associated with its financing activities.
The launch event was attended by senior leaders and directors of NCC Bank, reflecting the strategic importance of this initiative.
| Name | Position | Role at Launch |
|---|---|---|
| Meer Sajed-Ul-Basher, FCA | Independent Director | Chief Guest, Opening Remarks |
| M. Shamsul Arefin | Managing Director | Keynote Speaker |
| M. Khurshed Alam | Additional Managing Director | Guest Participant |
| Md. Zakir Anam | Deputy Managing Director | Guest Participant |
| Mohammed Mizanur Rahman | Deputy Managing Director | Guest Participant |
| Md. Habibur Rahman | Deputy Managing Director | Guest Participant |
| Nighat Mumtaz | EVP & Head of Sustainable and Women’s Banking | Guest Participant |
| Md. Sajjadul Islam | SVP & Head of ICT | Guest Participant |
During the ceremony, Meer Sajed-Ul-Basher emphasised the strategic significance of the ESRM system, stating, “The introduction of this automated platform reflects NCC Bank’s focus on embedding sustainability into its core operations. By integrating environmental and social considerations into our financing decisions, we strengthen risk governance and enhance transparency across all lending activities.”
M. Shamsul Arefin added, “Sustainable, environmentally responsible banking is no longer optional—it is a moral imperative. This system will substantially improve efficiency, transparency, and accountability in managing environmental and social risks across our credit portfolio.”
He also expressed confidence that the ESRM platform would accelerate the growth of NCC Bank’s green portfolio, align operations with international standards, and satisfy regulatory expectations, positioning the bank at the forefront of sustainable finance in Bangladesh.
With the launch of this innovative system, NCC Bank reinforces its role as a pioneer in integrating technology, governance, and sustainability within the banking sector.