Financing and Risk Management of NCC Bank Limited

Abstract

Bank is a customer-focused enterprise. It emphasizes its better services for life and prosperity due to its extensive networking and geographical region coverage. Private sector commercial banks are for-profit businesses that operate under a legal framework that includes both the Company Act and the Banking Company Act. The basic goal of a bank, like that of any other business, is to provide the greatest services to its consumers. The National Credit and Commerce Bank Limited, like other commercial banks, strives to deliver the finest services possible through various financing and risk management options. The Government of Bangladesh has designated The National Credit and Commerce Bank Limited as a scheduled bank in the private sector, as part of Bangladesh's banking and financial services liberalization program. NCC Bank Limited is one of Bangladesh's oldest privately owned commercial banks. In the previous ten years, the banking industry has transformed dramatically. Management of bank credit is becoming more difficult due to the economy's rapidly growing needs in the context of a changing business scenario and the increasingly competitive environment in which banks operate today. The banking sector is regarded as one of the most important sections of financial institutions. I attempted to discuss organizational challenges by emphasizing service activities and opportunities, as well as the bank's basic attitude. Then I concentrated on The National Credit and Commerce Bank Limited's financing and risk management process. Overall, National Credit and Commercial Bank Limited's financing and risk management is performing moderately better in the service sector.