Nepal Credit & Commerce Bank Ltd. (NCC Bank) - Introduction

INTRODUCTION

Nepal Credit & Commerce Bank Ltd. (NCC Bank) formally registered as Nepal - Bank of Ceylon Ltd. (NBOC), commenced its operation on 14th October, 1996 as a Joint Venture with Bank of Ceylon, Sri Lanka. It was the first private sector Bank with the largest authorized capital of NRS. 1,000 million. The Head Office of the Bank is located at Siddhartha Nagar, Rupandehi, the birthplace of LORD BUDDHA, while its Corporate Office is placed at Bagbazar, Kathmandu.

The name of the Bank was changed to Nepal Credit & Commerce Bank Ltd., (NCC Bank) on 10th September, 2002, due to transfer of shares and management of the Bank from Bank of Ceylon, an undertaking of Government of Sri Lanka to Nepalese Promoters.

At present, NCC Bank provides banking facilities and services to rural and urban areas of the country through its 18 branches. The Bank has developed corresponding agency relationship with more than 150 International Banks having worldwide network.

CAPITAL STRUCTURE

Authorized Capital - Rs. 2 Billion

Issued Capital - Rs. 2 Billion

Paid up Capital - Rs. 1.4 Billion

TECHNOLOGY

The Bank is using Pumori Plus, the most commonly used software by Nepalese Banks. The Bank offers Any Branch Banking Service (ABBS) in all 18 branches. Telex and SWIFT are other modes of communication for efficient and effective transmission of information. In order to facilitate the customers with state of art technology, Bank is providing Debit Card facilities under the SCT (Smart Choice Technology) Network jointly in consortium with 40 other member Banks. This facility enables the customers to withdraw cash from any of the 167 ATM Terminals located at different parts of the country and to purchase goods from more than 743 shopping complexes and departmental stores under POS arrangement.

OUR GLOBAL CONNECTION

NCC Bank has strategic alliance with ICICI Bank, which facilitates our customers to remit their money to more than 670 locations of India through ICICI Bank branches and their correspondent Banks in India.

Our customers can affect their money transfer to India either through Speed Transfer Arrangement or through Demand Draft Arrangement. Under Speed Transfer Arrangement, money can be credited on-line to the beneficiary's account at more than 400 branches of ICICI Bank, India. Under Demand Draft Arrangement, the Bank can issue draft payable at more than 670 locations in India.

We are globally connected through various prominent Banks in Asia, Europe and North America like American Express Bank, Standard Chartered Bank, UBAF etc.

Our services across the globe include remittance, draft arrangement, import and export business, guarantee etc.


OUR VISION

Bankers with the quality service strive for expansion with profitability professionalism and personalized banking services.



MISSION OF THE BANK

We at NCC Bank, our goal is to provide a wide range of banking services and products in the emerging socio-economic environment within and outside the country maintaining high standards of integrity and efficiency with excellence.