NCC Bank launches automated risk management system

NCC Bank PLC has launched an advanced automated environmental and social risk management (ESRM) system, reinforcing its commitment to eco-friendly financing and sustainable banking.

The technology-driven platform marks a significant shift in the bank’s credit processes, making environmental and social risk assessments faster, more accurate and more transparent from both business and compliance perspectives, according to a press release.

Meer Sajed-Ul-Basher, independent director of NCC Bank PLC, inaugurated the system as the chief guest.

Speaking at the event, Basher said, “The introduction of the automated ESRM system reflects NCC Bank’s strategic focus on embedding sustainability into its core business operations. 

This technology-driven approach will strengthen risk governance, enhance transparency and ensure that environmental and social considerations are systematically integrated into financing decisions.”

By enabling real-time monitoring of credit risks through a centralised database, the system aligns internal practices with regulatory and international standards while encouraging borrowers to adhere to environmental and social governance principles. 

The initiative is expected to enhance transparency, consistency and accountability across the bank’s overall risk management framework.

M Shamsul Arefin, managing director of the bank, said environment-friendly and sustainable banking is no longer optional but a moral responsibility. 

“The automated ESRM system will significantly enhance efficiency, transparency and accountability in managing environmental and social risks across our loan portfolio,” he added.

M Khurshed Alam, additional managing director; Md Zakir Anam, Mohammed Mizanur Rahman and Md Habibur Rahman, deputy managing directors; Nighat Mumtaz, executive vice-president and head of sustainable and women’s banking; and Md Sajjadul Islam, senior vice-president and head of information and communication technology, along with other senior officials of the bank, were also present.