NRBC Bank Limited, a bank of the NRBs,hasnow become a bank with a deposit of Tk100 billions. Despite the pandemic situation, the bank’s deposit crossed this milestone on 30 June, 2021.
Presently the bank’s deposits stands at Tk.10577 Crore on 30 June, 2021 which was Tk.7982 crore in last year on 30 June, 2020. The bank’s deposit was Tk 6359 crore and Tk 5079 crore in 2019 and 2018 respectively. The deposit growth of the bank was recorded at 32.52 percent in comparison to the same period of previous year.
According to bank statistics, Bank has experienced highest growth on June, 2021, which was 25.52 percent in 2020 and 25.20 percent on June 2019.
SM ParvezTamal, Chairman of Board of directors of NRBC Bank, said that, “Despite Covid-19 we have tried to give 24/7 service to our valued clients.During lockdown we have kept our branches open with our efficient workforce ensuring proper covidprotocol. That is why our deposit has increased to a great amount and this is definitely a reflection of trust of clients on our bank”.
Besides record deposit growth Bank has also experienced higher growth of loan and advances. Total loan disbursement grew by Tk. 2170 Crore or nearly 34 percent on June, 2021 amid the corona virus pandemic situation.
Disbursement of total credit rose to Tk 8605 crore duringJune’ 2021 period from Tk 6435 crore in same period of last year, according to the statement. The total credit disbursement was Tk 5501crore on june 2019 and Tk 4401 croresame period of 2018.
GolamAwlia, Managing director (MD) and CEO of NRBC bank said, “The main aim of NRBC Bank is to provide banking service to our clients giving utmost priority to their necessity.We have introduced different technology based services for this reason.Proper security of mass people’s money is being ensured.We have given priority on disbursing loans and advances beside collections of deposits during this period.”
The bank has started it’s journey in April,2013 with the efforts of some patriotic NRBs.NRBC Bank is making relentless efforts to build the habit of saving for the marginalized people besides making a contribution to the balanced development activities of the country.The bank is acting as a trusted custodian of people’s wealth by cultivating a culture of compliance and conducting banking activities with utmost professionalism.
NRBC Bank, one of the fastest growing bank in the country,currently serves its customers through 83 branches, 430 sub-branches and 580 agent banking outlets.