UCB inaugurates 214th Indurhat Branch

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The 214th Indurhat branch of United Commercial Bank Limited (UCB) was inaugurated on 26 December, 2021.

Mr. Arif Quadri, Managing Director, UCB inaugurated the branch as Chief Guest.

Among others Additional Managing Director of UCB Mr. Nabil Mustafizur Rahman; Deputy Managing Director & Company Secretary of UCB Mr. ATM Tahmiduzzaman FCS along with other officials of the Bank were present at the event.

Chief guest stated, ‘UCB is firmly contributing as catalyst to the enhancement of entrepreneurship and everybody’s assistance is highly desired to broaden our service more.’

United Commercial Bank PLC (UCB)
UCB is one of the largest private commercial banks in the country been committed to giving the best service to clients with a wide range of branch networks all over the country since 1983.

UCB is a public limited company incorporated in Bangladesh on 26th June 1983 under the companies Act 1994 and listed in Dhaka Stock Exchange Limited (DSE) on 30th November 1986 and Chittagong Stock Exchange Limited (CSE) on 15th November 1995.

The Bank has expanded its arena in different and diverse segments of banking like Retail Banking, SME Banking, Corporate Banking, Off-shore Banking, and Remittance, etc. Besides various deposit and loan products of Retail Banking, the Bank caters to export and import loans to deserving candidates which in turn helps the overall economy of the country through increased earning of foreign exchange. Other consumer products like UCB Cards have been showing tremendous success and growth since its inception in 2006 and soon became the leader in the local market with around 40000 cardholders.

The Bank also provides its clients with both incoming and outgoing remittance services. Thus the expatriates find an easy way to send money through the proper channels.

The Bank, aiming to play a leading role in the economic activities of the country, is firmly engaged in the development of trade, commerce, and industry by investing in network expansion and new technology adoption to have a competitive advantage.

Board of Directors
Chairman
Mrs. Rukhmila Zaman, a young woman entrepreneur of the Country, is the Chairman of United Commercial Bank Limited (UCB) and also the Managing Director of Aramit Group, a leading manufacturing Conglomerate of the Country.

She is the wife of Mr. Saifuzzaman Chowdhury, MP and Honourable Minister for land, GOB. She is also involved with different Socio-Economic organizations and contributes to upbringing the of young women in the mainstream economy.

Vice-Chairman
Mr. Bazal Ahmed is the Vice-Chairman of the Board of Directors and a member of the Executive Committee of UCB.

He is the son of Late Mr. M. A. Bari, a Sponsor Director of the Bank.

This spectacular entrepreneur is also the Managing Director of Taj Accessories (Pvt.) Ltd. and Saikat Textile Ind. Limited, one of the leading enterprises in the garment or textile sector of Bangladesh. At the same time, he is the proprietor of Taj Trading.

Mr. Ahmed was born in a respectable Muslim family of Sylhet. He is allied with lots of social & educational organizations to accelerate the benefit of the community.

CSR
UCB has a long history of associating itself with a different spectrum of social responsibility and there are numerous glaring instances in which we can take pride. Over the past 30 years, UCB has rendered extensive financial assistance for benevolent purposes.

As a responsible corporate body, we have adopted CSR practices in a formal, structured manner in line with our organizational vision to help the disadvantaged population of our country by taking socially responsible initiatives. The “social contract” between the corporation and the community is of critical importance for United Commercial Bank.

CSR is ingrained in our corporate culture and it is a part and parcel of what we do. UCB has incorporated CSR activities into its core strategic business planning and translated it into action across different areas and communities of the country. The Bank has organized its CSR activities around seven main areas including education, health, disaster management, environment, sports, socio-economic development, arts & culture.

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