NCC Bank has signed an agreement with Dhaka Mass Transit Company Ltd (DMTCL) to install cash recycler machines (CRMs), self-service terminals that allow customers to deposit and withdraw cash, at all stations of the Dhaka Metro Rail. 

Khondaker Ehteshamul Kabir, company secretary of DMTCL, and Md Zakir Anam, deputy managing director of NCC Bank, signed the agreement on behalf of their respective organisations, according to a press release. 

Mohammad Abdur Rouf, managing director of DMTCL, and M Shamsul Arefin, managing director of NCC Bank, were also present. 

Arefin said that the metro rail has not only transformed Dhaka's transportation landscape but also unlocked significant business opportunities. As metro stations evolve into bustling commercial centres with the opening of shops, business centres, and malls, the need for convenient and secure financial services continues to grow. 

In response to this increasing demand, NCC Bank and other financial institutions have strategically partnered with DMTCL to install ATM booths at metro stations, he added. 

DMTCL Managing Director Rouf thanked NCC Bank and other signatory banks for their initiatives, saying that this collaboration marks a significant step towards enhancing commuter convenience and advancing a smart, cashless public transportation system. 

Among others, Mohammad Tariqul Amin, EVP; Zobair Mahmood Fahim, SVP and head of Retail & DFS Business; Shahin Akter Nuha, head of Transaction Banking & Cash Management Department at NCC Bank; and other officials from both organisations were also present.