UCB investment sign with NRB bank

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A signing ceremony to appoint the Issue Managers for the upcoming initial public offering of NRB Bank Limited was held yesterday.

The signing was held at NRB Bank Limited’s Head Office, Gulshan, Dhaka.

The Bank appointed UCB Investment Limited (UCBIL) and Shahjalal Equity Management Limited (SEML) as the Issue Managers and signed an agreement.

In presence of Mr. Mohammed Mahtabur Rahman, Chairman, NRB Bank Limited, Mr. Mamoon Mahmood Shah, Managing Director & CEO of NRB Bank Limited, Mr. Tanzim Alamgir, Managing Director & CEO of UCB Investment Limited & Mr. Mohiuddin Mollah, Managing Director & CEO of Shahjalal Equity Management Limited signed the agreement on behalf of their respective organizations.

Vice-Chairmen of NRB Bank Limited, Mr. Tateyama Kabir & Mr. Mohammed Jamil Iqbal, Chairman of the Risk Management Committee of the Board of Shahjalal Bank Limited & Chief Advisor of Shahjalal Equity Management Limited Mr. Mohammed Younus, were present at the signing ceremony.

Other senior officials from concerned organizations were also present at the signing ceremony.

United Commercial Bank Limited (UCB)
UCB is one of the largest private commercial banks in the country is 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.

NRB Bank Limited
NRB Bank commenced banking operations on 04 August 2013.

The vision of the bank is to be the leading dedicated financial institution for Non-Resident Bangladeshis (NRBs) to invest in Bangladesh and for Bangladeshi individuals and corporate to access international markets.

NRB Bank reaches the customers through numerous delivery channels, including Branch Banking, Agent Banking, Real-time Online Banking, Internet Banking, SMS/Alert, VISA Debit/Credit Card with Global Access and Shared Network across the Country.

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