UCBL gets an appreciation letter from Bangladesh Bank

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United Commercial Bank Limited (UCB) got an appreciation letter from Bangladesh Bank on achieving top position for successful implementation of CMSME COVID-19 stimulus package in the Fiscal Year 2020-2021.

Honorable Governor of Bangladesh Bank Mr. Fazle Kabir handed over the appreciation letter to Mr. Arif Quadri, Managing Director of UCB.

Under the direction of Honorable Prime Minister Sheikh Hasina, a financial stimulus package was announced to facilitate CMSME (Cottage, Micro, Small, and Medium Enterprises) to tackle the global pandemic COVID 19 and revive the country’s economic activities & business environment. UCB, fulfilling a hundred percent implementation of the CMSME stimulus package, disbursed an amount of Taka 1,250 crore in the first phase which is the highest in the industry.

UCB is the largest private commercial bank in the country with remarkable exposure in Corporate, SME, RMG, and other banking products and services.

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