NCC Bank processes €8.5m BB green fund for textile mill

NCC Bank has recently enabled the Shiplu Textile and Spinning Mills to receive a refinancing fund of around €8.5 million from a Green Transformation Fund of Bangladesh Bank (BB).  

Khondkar Morshed Millat, director of sustainable finance department of the BB, handed over the fund to Mohammad Mamdudur Rashid, managing director of NCC Bank, at the former's head office, said a press release.

Chowdhury Liakat Ali, additional director of the BB, Shiplu Kumar Saha, the mill chairman, Uttam Kumar Saha, chief financial officer, Mohammad Rafat Ullah Khan, deputy managing director of NCC Bank, Md Shafiqure Rahman, manager of its Karwan Bazar branch, AKM Jahidul Alam, head of garments unit, and Nighat Mumtaz, head of sustainable finance unit of NCC Bank, were present.