NRB Bank launches new products for businesses, car buyers

NRB Bank PLC has launched two new financial products, titled "NRB Protidin" and "Auto Fixed Loan", aimed at further strengthening its commitment to customer-centric financial solutions.

NRB Protidin, designed for businesses and institutions, operates on a daily profit basis, enabling customers to receive profit or interest credited directly into their accounts each day, thereby ensuring uninterrupted financial growth.

Meanwhile, the Auto Fixed Loan offers a flexible financing solution for the purchase of pre-registered or second-hand cars, providing customers with affordable and convenient terms.

Tarek Reaz Khan, managing director and CEO of NRB Bank PLC, inaugurated the products at a ceremony held at the bank's head office in Dhaka today, according to a press release.

Speaking at the event, Khan said, "At NRB Bank, we are driven by a vision to create smarter financial solutions for our customers. NRB Protidin empowers institutions with daily returns and improved liquidity, while Auto Fixed Loan opens the door to affordable mobility for individuals."

He added, "Together, these products reflect our promise of innovation, inclusivity, and service excellence."

Md Shahin Howlader, Md Ali Akbar Farazi, Anwar Uddin and M Rashidul Huda, deputy managing directors of the bank, attended the event.

Md Rezaul Shahriar, head of retail banking, and Md Arifuzzaman, head of transaction banking, along with other senior officials, were also present.