United Commercial Bank PLC
{{Short description|A private bank of Bangladesh}}
{{Infobox company
| name = United Commercial Bank PLC
| logo = Logo of United Commercial Bank.svg
| logo_size = 170px
| image = UCB headquarter at bulus centre in gulshan avenue.jpg
| image_caption = The headquarters of UCB at Gulshan Avenue
| type = Public limited company, commercial bank
| traded_as = {{Plainlist|
- {{Dse|UCB}}
- CSE: [https://www.cse.com.bd/market/market_depth/UCB UCB]}}
| native_name = ইউনাইটেড কমার্শিয়াল ব্যাংক পিএলসি
| native_name_lang = bn
| former_name = United Commercial Bank (Bangladesh)
| ISIN = {{ISIN|sl=n|pl=y|BD0108UCBL05}}
| rating = AA
| hq_location = Gulshan
| hq_location_city = Dhaka
| hq_location_country = Bangladesh
| locations = {{Plainlist |
- 947 ATMs
- 228 Branchs
- 159 Sub-Branchs
}}
| area_served = Bangladesh
| foundation = {{start date and age|1983|06|27}}
| founder =
| key_people = {{unbulleted list| Sharif Zahir, Chairman & Shareholder Director | Tanvir Khan, Shareholder Director | Sajjad Hossain, Independent Director | Yusuf Ali, Independent Director | Obaidur Rahman Independent Director}}
| num_employees = 5060
| num_employees_year = 2021
| industry = Banking
Financial services
| services = {{Plainlist |
| assets = {{increase}}$5.8 billion
| assets_year = 2022
| equity = {{increase}}$382.9 million
| equity_year = 2022
| operating_income = {{increase}}$105.7 million
| income_year = 2022
| profit = {{increase}}$37.1 million
| profit_year = 2022
| subsid = {{Plainlist |
- Upay
- UCB Stock Brokerage Ltd.
- UCB Fintech Company Ltd.
- UCB Asset Management Ltd.
- UCB Investment Ltd.}}
| homepage = {{URL|www.ucb.com.bd}}
| footnotes = {{cite web | url=https://www.thedailystar.net/business/news/ucb-global-islami-union-get-new-boards-directors-3688101 | title=UCB, Global Islami, Union get new boards of directors }}{{cite web | url=https://www.thedailystar.net/business/economy/banks/news/ucb-freed-ex-land-minister-familys-grip-3688396?amp | title=UCB freed from ex-land minister, family's grip }}{{Cite web |url=https://www.ucb.com.bd/know-ucb/corporate-information/ |title=Corporate Information - United Commercial Bank (UCB) |access-date=2023-06-07 |archive-date=2023-04-05 |archive-url=https://web.archive.org/web/20230405114606/https://www.ucb.com.bd/know-ucb/corporate-information/ |url-status=live}}{{cite news |script-title=bn:ইউসিবি'র ইসলামিক ব্যাংকিং সেবা 'ইউসিবি তাকওয়া'র আনুষ্ঠানিক যাত্রা শুরু |url=https://www.jugantor.com/advertising-message/354267/ইউসিবির-ইসলামিক-ব্যাংকিং-সেবা-ইউসিবি-তাকওয়ার-আনুষ্ঠানিক-যাত্রা-শুরু |access-date=12 October 2020 |work=Jugantor |date=12 October 2020 |language=bn |archive-date=4 November 2021 |archive-url=https://web.archive.org/web/20211104214745/https://www.jugantor.com/advertising-message/354267/%E0%A6%87%E0%A6%89%E0%A6%B8%E0%A6%BF%E0%A6%AC%E0%A6%BF%E0%A6%B0-%E0%A6%87%E0%A6%B8%E0%A6%B2%E0%A6%BE%E0%A6%AE%E0%A6%BF%E0%A6%95-%E0%A6%AC%E0%A7%8D%E0%A6%AF%E0%A6%BE%E0%A6%82%E0%A6%95%E0%A6%BF%E0%A6%82-%E0%A6%B8%E0%A7%87%E0%A6%AC%E0%A6%BE-%E0%A6%87%E0%A6%89%E0%A6%B8%E0%A6%BF%E0%A6%AC%E0%A6%BF-%E0%A6%A4%E0%A6%BE%E0%A6%95%E0%A6%93%E0%A6%AF%E0%A6%BC%E0%A6%BE%E0%A6%B0-%E0%A6%86%E0%A6%A8%E0%A7%81%E0%A6%B7%E0%A7%8D%E0%A6%A0%E0%A6%BE%E0%A6%A8%E0%A6%BF%E0%A6%95-%E0%A6%AF%E0%A6%BE%E0%A6%A4%E0%A7%8D%E0%A6%B0%E0%A6%BE-%E0%A6%B6%E0%A7%81%E0%A6%B0%E0%A7%81 |url-status=live}}{{Cite web |url=https://www.cse.com.bd/company/companydetails/UCB#share_show |title=CSE |access-date=2023-06-07 |archive-date=2023-02-02 |archive-url=https://web.archive.org/web/20230202020933/https://www.cse.com.bd/company/companydetails/UCB#share_show |url-status=live}}{{Cite web |url=https://www.dsebd.org/displayCompany.php?name=UCB |title=Display Company Information | Dhaka Stock Exchange |access-date=2023-06-07 |archive-date=2021-11-03 |archive-url=https://web.archive.org/web/20211103114828/https://www.dsebd.org/displayCompany.php?name=UCB |url-status=live}}{{Cite web |url=https://www.ucb.com.bd/atm-locator |title=ATM Locator - United Commercial Bank (UCB) |access-date=2023-06-07 |archive-date=2023-04-05 |archive-url=https://web.archive.org/web/20230405114607/https://www.ucb.com.bd/atm-locator/ |url-status=live}}{{cite news |url=https://thefinancialexpress.com.bd/stock/bangladesh/ucb-reports-record-32pc-profit-rise |title=UCB reports record 32pc profit rise |work=The Financial Express}}{{cite web |url=https://www.ucb.com.bd/reports/shareholder-reports/financial-statements/audited-financial-statements-for-the-year-ended-as-on-december-3.pdf |title=Independent Auditor's Report and Audited Consolidated and Separate Financial Statements for the year ended 31 December 2022 |website=UCB}}{{cite web |url=https://www.ucb.com.bd/know-ucb/ucb-profile/ |title=UCB Profile - United Commercial Bank (UCB)}}
}}
United Commercial Bank PLC (UCB) is a commercial bank in Bangladesh. It was established in 1983.{{cite news |title=United Commercial Bank signs Microsoft Enterprise Agreement |url=http://www.dhakatribune.com/feature/2016/09/25/united-commercial-bank-signs-microsoft-enterprise-agreement/ |work=Dhaka Tribune |access-date=30 October 2016 |date=25 September 2016 |archive-date=30 August 2017 |archive-url=https://web.archive.org/web/20170830033410/http://www.dhakatribune.com/feature/2016/09/25/united-commercial-bank-signs-microsoft-enterprise-agreement/ |url-status=live}}{{cite news |title=Jayati Chakraborty performance at Uttra Club |url=http://www.dhakatribune.com/showtime/2016/10/01/jayati-chakraborty-performance-uttra-club/ |work=Dhaka Tribune |access-date=30 October 2016 |date=1 October 2016 |archive-date=17 September 2018 |archive-url=https://web.archive.org/web/20180917181912/https://www.dhakatribune.com/showtime/2016/10/01/jayati-chakraborty-performance-uttra-club/ |url-status=live}}
History
The bank was incorporated on 26 June 1983. The government owns shares in the bank. The bank was listed in the Dhaka Stock Exchange (DSE) by 1986 and Chittagong Stock Exchange (CSE) by 1995.{{cite web |title=United Commercial Bank Limited |url=http://en.banglapedia.org/index.php?title=United_Commercial_Bank_Limited |website=Banglapedia |access-date=30 October 2016 |archive-date=31 October 2016 |archive-url=https://web.archive.org/web/20161031150933/http://en.banglapedia.org/index.php?title=United_Commercial_Bank_Limited |url-status=live}}{{cite news |title=DSEX and DS30 indexes reshuffled |url=http://archive.dhakatribune.com/business/2016/jul/21/dsex-and-ds30-indexes-reshuffled |work=Dhaka Tribune |access-date=1 March 2017 |date=21 July 2016 |archive-date=2 March 2017 |archive-url=https://web.archive.org/web/20170302193829/http://archive.dhakatribune.com/business/2016/jul/21/dsex-and-ds30-indexes-reshuffled |url-status=live}}
On 8 April 1993, Humayun Zahir, the first chairman of the United Commercial Bank was murdered following a dispute with other bank directors.{{Cite news |date=17 January 2000 |title=Fresh arguments in Humayun Zahir Murder Case begin |url=https://www.thedailystar.net/news/fresh-arguments-in-humayun-zahir-murder-case-begin |url-status=live |archive-url=https://web.archive.org/web/20230603114835/https://www.thedailystar.net/news/fresh-arguments-in-humayun-zahir-murder-case-begin |archive-date=2023-06-03 |access-date=2023-06-07 |work=The Daily Star}} Akhtaruzzaman Chowdhury Babu, director of UCB was suspected for the murder.{{Cite news |last=Hossain |first=Shawkat |title=Lessons from three black chapters of the banking sector |url=https://en.prothomalo.com/opinion/op-ed/lessons-from-three-black-chapters-of-the-banking-sector |url-status=live |archive-url=https://web.archive.org/web/20221101122255/https://en.prothomalo.com/opinion/op-ed/lessons-from-three-black-chapters-of-the-banking-sector |archive-date=2022-11-01 |access-date=2023-03-24 |work=Prothom Alo |language=en}} On 26 August 1999, Akhtaruzzaman forcefully seized control of UCBL's board of directors during a meeting with his son, Saifuzzaman Chowdhury by gunpoint with 40 armed men.{{Cite news |last=Mahmud |first=Arshad |date=1999-08-28 |title=Official accused of storming bank in Bangladesh |url=https://www.theguardian.com/world/1999/aug/28/bangladesh |url-status=live |archive-url=https://web.archive.org/web/20221101122258/https://www.theguardian.com/world/1999/aug/28/bangladesh |archive-date=2022-11-01 |access-date=2023-03-24 |work=The Guardian |language=en-GB |issn=0261-3077}} Again another chairman, Zafar Ahmed Chowdhury was forced to resign. Bangladesh Police declined to initiate any action against him citing the close association between Akhtaruzzamanu and Prime Minister Sheikh Hasina. Later, Zafar Ahmed returned to the board of directors with a court verdict in his favor.
In February 2008, Bangladesh Bank appointed an observer to United Commercial Bank due to ownership disputes.{{Cite news |date=2008-02-01 |title=BB appoints observers for 3 pvt banks |url=https://www.thedailystar.net/news-detail-21512 |url-status=live |archive-url=https://web.archive.org/web/20230324232314/https://www.thedailystar.net/news-detail-21512 |archive-date=2023-03-24 |access-date=2023-03-24 |work=The Daily Star |language=en}} In 2010, Akhtaruzzaman became a director. The Anti-Corruption Commission (ACC) sued four officials of UCB and a managing director of a real estate company for embezzling 90 million Bangladeshi taka from the bank.{{Cite news |date=2017-04-05 |title=4 UCBL officials among 5 sued |url=https://www.thedailystar.net/city/4-ucbl-officials-among-5-sued-1386811 |url-status=live |archive-url=https://web.archive.org/web/20230324221207/https://www.thedailystar.net/city/4-ucbl-officials-among-5-sued-1386811 |archive-date=2023-03-24 |access-date=2023-03-24 |work=The Daily Star |language=en}} Between 2007 and 2012, four officials of the bank stole 100 million taka from the bank using forged credit cards until they were detected in May 2012.{{Cite news |last1=Rahman |first1=Sajjadur |last2=Ch |first2=Chaitanya |last3=Halder |first3=ra |date=2012-06-05 |title=Credit card fraud ring busted |url=https://www.thedailystar.net/news-detail-237055 |url-status=live |archive-url=https://web.archive.org/web/20230324221208/https://www.thedailystar.net/news-detail-237055 |archive-date=2023-03-24 |access-date=2023-03-24 |work=The Daily Star |language=en}} In 2012, the Anti-Corruption Commission sued six for embezzling 129 million BDT from UCB.{{Cite news |date=2012-11-07 |title=More scam in banks |url=https://www.thedailystar.net/news-detail-256552 |url-status=live |archive-url=https://web.archive.org/web/20230120005748/https://www.thedailystar.net/news-detail-256552 |archive-date=2023-01-20 |access-date=2023-03-24 |work=The Daily Star |language=en}}
In March 2016, a Chittagong Court sentenced an official of UCB to jail for allegedly helping a businessman secure 181.8 million BDT loan against a property, which was already mortgaged to Bangladesh Krishi Bank, through fraud and then laundering the money outside of Bangladesh.{{Cite news |date=2016-03-07 |title=UCBL official sent to jail in money laundering case |url=https://www.thedailystar.net/city/ucbl-official-sent-jail-money-laundering-case-787309 |url-status=live |archive-url=https://web.archive.org/web/20230324221209/https://www.thedailystar.net/city/ucbl-official-sent-jail-money-laundering-case-787309 |archive-date=2023-03-24 |access-date=2023-03-24 |work=The Daily Star |language=en}}
In September 2017, United Commercial Bank provided loan waiver to Russel Vegetable Oils Limited, a company linked to bank director, Sultana Hashem, wife to M. A. Hashem, chairman of Partex Group.{{Cite news |last=Rahman |first=Sajjadur |date=2017-09-09 |title=Bank bends rules for its directors |url=https://www.thedailystar.net/frontpage/bank-bends-rules-its-directors-1459519 |url-status=live |archive-url=https://web.archive.org/web/20230324221219/https://www.thedailystar.net/frontpage/bank-bends-rules-its-directors-1459519 |archive-date=2023-03-24 |access-date=2023-03-24 |work=The Daily Star |language=en}} The loan waiver violated banking rules of Bangladesh.
Humayun Zahir was the first chairman of the United Commercial Bank. In 2013, Humayun Zahir's elder son Sharif Zahir was elected as the vice chairman of the bank.{{Cite news |date=18 June 2013 |title=UCB gets vice chairman |work=The Daily Star |url=https://www.thedailystar.net/news/ucb-gets-vice-chairman |url-status=live |access-date=2023-06-07 |archive-url=https://web.archive.org/web/20230603114845/https://www.thedailystar.net/news/ucb-gets-vice-chairman |archive-date=2023-06-03}}{{Cite web |title=Sharif Zahir made UCBL vice-chairman | |url=https://reflectionnews.com/sharif-zahir-made-ucbl-vice-chairman/ |url-status=live |archive-url=https://web.archive.org/web/20230513070519/https://reflectionnews.com/sharif-zahir-made-ucbl-vice-chairman/ |archive-date=2023-05-13 |access-date=2023-06-07}} In 2013, M. A. Hashem was re-elected chairman of UCB.{{Cite news |date=2015-04-20 |title=UCB re-elects chairman |language=en |work=The Daily Star |url=https://www.thedailystar.net/business/banking/ucb-re-elects-chairman-78131 |url-status=live |access-date=2023-03-24 |archive-url=https://web.archive.org/web/20230324232314/https://www.thedailystar.net/business/banking/ucb-re-elects-chairman-78131 |archive-date=2023-03-24}}
In September, Bangladesh Bank asked UCB to provide clarifications regarding their suspected profiting from selling dollars at inflated prices during the foreign exchange market crisis.{{cite news |title=Six more banks asked to explain alleged unusual profit-making |url=https://www.newagebd.net/article/180466/six-more-banks-asked-to-explain-alleged-unusual-profit-making |work=New Age}} Later the complaint has been resolved, resulting in the bank being mandated to allocate 50% of its profit from dollar trading to its corporate social responsibility (CSR) funds, while the remaining 50% can be retained as income.{{cite news |date=29 September 2022 |title=Dollar crisis: 6 more banks exonerated from charge of making excessive profit |url=https://www.tbsnews.net/economy/banking/dollar-crisis-6-more-banks-exonerated-charge-making-excessive-profit-505798 |work=The Business Standard}} In July, MNH Bulu, A Bangladeshi businessman filed a lawsuit against UCB seeking BDT 400 million in damages for alleged defamation caused by false charges.{{cite news |title=Businessman MNH Bulu seeks Tk 400m in damages from United Commercial Bank over 'false charges' |url=https://bdnews24.com/business/2022/07/05/businessman-mnh-bulu-seeks-tk-400m-in-damages-against-united-commercial-bank-over-false-charges |work=bdnews24.com}} In May 2023, according to a report prepared in accordance with International Accounting Standard (IAS)-34, UCB disclosed a decline in its operating profit along with an increase in operating expenses.{{cite web |title=Financial Statements - United Commercial Bank (UCB) |url=https://www.ucb.com.bd/know-ucb/investor-relations/financial-statements}}
In 2024, Sharif Zahir become the chairman of the Bank who said he was removed from the bank forcefully with the knowledge of former Prime Minister Sheikh Hasina.{{Cite web |last=Hasan |first=Md Mehedi |date=2024-09-16 |title=‘We were forced to leave UCB, and the PM knew everything’ |url=https://www.thedailystar.net/business/news/we-were-forced-leave-ucb-and-the-pm-knew-everything-3704206 |access-date=2024-09-16 |website=The Daily Star |language=en}}
Operations
With a network of 228 branches and 159 sub-branches, the Bank provided personalized service, innovative practices, dynamic approach and efficient Management. Consumer products like UCB Cards have been showing growth since its inception in 2006 and soon became the leader in local market with around 40,000 card holders.{{Cite web |title=UCB Profile - United Commercial Bank (UCB) |url=https://www.ucb.com.bd/know-ucb/ucb-profile/ |access-date=2023-11-07 |website=UCB Profile - United Commercial Bank (UCB) |language=en}}
The bank listed in Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited.{{Cite web |title=Corporate Information - United Commercial Bank (UCB) |url=https://www.ucb.com.bd/know-ucb/corporate-information/ |access-date=2023-11-07 |website=Corporate Information - United Commercial Bank (UCB) |language=en}}
Financial activities
File:ATM booth of United Commercial Bank PLC.jpg
In 2009, United Commercial Bank signed a contract with the Bangladesh Cricket Board to become the official sponsor of the Bangladesh national cricket team.{{Cite news |title=UCBL made official sponsor of Tigers |work=The Daily Star |url=https://archive.thedailystar.net/newDesign/cache/cached-news-details-89104.html |url-status=live |access-date=2023-03-24 |archive-url=https://web.archive.org/web/20230324221218/https://archive.thedailystar.net/newDesign/cache/cached-news-details-89104.html |archive-date=2023-03-24}} In September 2015, United Commercial Bank launched a new logo, designed by Rafiqun Nabi and Mustafa Manwar.{{Cite news |date=2015-09-20 |title=UCB unveils new logo |language=en |work=The Daily Star |url=https://www.thedailystar.net/business/ucb-unveils-new-logo-145987 |url-status=live |access-date=2023-03-24 |archive-url=https://web.archive.org/web/20230324221208/https://www.thedailystar.net/business/ucb-unveils-new-logo-145987 |archive-date=2023-03-24}}
Mobile financial service (MFS), Ucash, was introduced in 2013.{{cite web |title=UCB mobile financial service UCash launched |url=https://bdreports24.com/ucb-mobile-financial-service-ucash-launched/#:~:text=This%20initiative%20of%20mobile%20financial,already%20appointed%20over%2010%2C000%20agents |archive-url=https://web.archive.org/web/20230522195825/https://bdreports24.com/ucb-mobile-financial-service-ucash-launched/#:~:text=This%20initiative%20of%20mobile%20financial,already%20appointed%20over%2010%2C000%20agents |archive-date=2023-05-22 |website=bdreports24.com| date=23 November 2013 }} After eight years of services the name has been changed to Upay.{{Cite news |date=8 March 2021 |title=UCB plans to set up separate MFS subsidiary "upay" |work=The Business Standard |url=https://www.tbsnews.net/economy/banking/ucb-plans-set-separate-mfs-subsidiary-upay-213115 |url-status=live |access-date=2023-06-07 |archive-url=https://web.archive.org/web/20230513070421/https://www.tbsnews.net/economy/banking/ucb-plans-set-separate-mfs-subsidiary-upay-213115 |archive-date=2023-05-13}}{{Cite news |title='upay' offers lowest cash-out fees, highest client security |work=The Financial Express |url=https://today.thefinancialexpress.com.bd/trade-market/upay-offers-lowest-cash-out-fees-highest-client-security-1628439154 |url-status=live |access-date=2023-06-07 |archive-url=https://web.archive.org/web/20230513070411/https://today.thefinancialexpress.com.bd/trade-market/upay-offers-lowest-cash-out-fees-highest-client-security-1628439154 |archive-date=2023-05-13}} In November 2020, United Commercial Bank PLC inaugurated its subsidiary, UCB Investment Ltd.{{cite news |title=UCB Investment LTD. Started journey |work=The Financial Express |url=https://thefinancialexpress.com.bd/trade/ucb-investment-ltd-started-journey-1606665423}}
In 2021, UCB launched the MFS called Upay (উপায়), a digital financial service brand owned by UCB Fintech Company Limited, a United Commercial Bank affiliate.{{Cite web |title=Who we are |url=https://www.upaybd.com/who-we-are |url-status=live |archive-url=https://web.archive.org/web/20211106142049/https://www.upaybd.com/who-we-are |archive-date=2021-11-06 |access-date=2021-11-15 |website=upaybd.com}} Upay had acquisitions with Grameenphone, Robi, and Banglalink to ensure that their users will not need an active internet connection to use the Upay application.{{cite news |title=Robi customers can use upay app without Internet |work=UNB |url=https://www.unb.com.bd/category/tech/robi-customers-can-now-use-upay-app-without-internet-charge/78708 |url-status=live |access-date=2023-06-07 |archive-url=https://web.archive.org/web/20230501131655/https://www.unb.com.bd/category/tech/robi-customers-can-now-use-upay-app-without-internet-charge/78708 |archive-date=2023-05-01}}
In 2022, UCB achieved its highest profit, exceeding US$39 million, representing a growth rate of 32% compared to the previous fiscal year. The bank plans to establish a subsidiary at this year in Singapore{{Cite news |date=2022-02-23 |title=UCB to form a subsidiary in Singapore |language=en |work=The Daily Star |url=https://www.thedailystar.net/busAiness/economy/banks/news/ucb-form-subsidiary-singapore-2968406 |url-status=live |access-date=2023-03-24 |archive-url=https://web.archive.org/web/20230324225306/https://www.thedailystar.net/business/economy/banks/news/ucb-form-subsidiary-singapore-2968406 |archive-date=2023-03-24}} the United Arab Emirates and Qatar{{Cite news |date=2022-04-21 |title=UCB to form subsidiaries in Qatar, UAE |language=en |work=The Daily Star |url=https://www.thedailystar.net/business/economy/banks/news/ucb-form-subsidiaries-qatar-uae-3009046 |url-status=live |access-date=2023-03-24 |archive-url=https://web.archive.org/web/20230324225306/https://www.thedailystar.net/business/economy/banks/news/ucb-form-subsidiaries-qatar-uae-3009046 |archive-date=2023-03-24}} to handle remittances.
In 2024, UCB planned to take over National Bank, UCB indicated interest in purchasing NBL, which was hit hard by high loan default rates in 2022, resulting in Tk 3,285 crore in losses—the most ever recorded by Bangladesh's banking industry.{{Cite news |date=9 Apr 2024 |title=UCB plans to take over troubled National Bank |url=https://www.thedailystar.net/business/news/ucb-plans-take-over-troubled-national-bank-3585661 |access-date=17 Apr 2024 |work=The Daily Star (Bangladesh)}}
In 2025, UCB signed a five-year contract with the Bangladesh Football Federation to become the official sponsor of the Bangladesh national football team.{{Cite news|url=https://www.thedailystar.net/sports/football/news/hamza-onboard-bff-gets-mens-team-sponsor-3848781|title=With Hamza onboard, BFF gets men’s team sponsor|work=The Daily Star|date=15 March 2025|access-date=16 March 2025|archive-date=16 March 2025|archive-url=https://web.archive.org/web/20250316074406/https://www.thedailystar.net/sports/football/news/hamza-onboard-bff-gets-mens-team-sponsor-3848781|url-status=live}}
Subsidiaries
- UCB Stock Brokerage{{Cite news |date=2022-03-31 |title=UCB to form subsidiaries in Hong Kong, Malaysia |url=https://www.tbsnews.net/economy/stocks/ucb-form-subsidiaries-hong-kong-malaysia-394810 |access-date=2023-11-07 |work=The Business Standard |language=en}}
- UCB Investment
- UCB Asset Management
- UCB Fintech Company Limited
Awards and recognition
- Received an award for excellence in the category of "Mastercard Contactless (Acquiring)" in the 'Mastercard Excellence Awards 2022'.{{Cite news |date=2022-11-29 |title=UCB gets Mastercard excellence award |url=https://www.tbsnews.net/economy/banking/ucb-gets-mastercard-excellence-award-541622 |access-date=2023-11-07 |work=The Business Standard |language=en}}
- Global SME Finance Award 2022{{Cite news |title=UCB wins awards at Global SME Finance Award 2022 |url=https://www.newagebd.net/article/182391/ucb-wins-awards-at-global-sme-finance-award-2022 |access-date=2023-11-07 |work=New Age |language=en}}
- Bangladesh's Best Bank for CSR 2023{{Cite news |date=2023-07-31 |title=United Commercial Bank PLC: Bangladesh's Best Bank for CSR 2023 |url=https://www.thedailystar.net/supplements/asiamoney-best-bank-awards-2023-bangladesh/news/united-commercial-bank-plc-bangladeshs-best-bank-csr-2023-3382761 |access-date=2023-11-07 |work=The Daily Star |language=en}}
References
{{reflist}}
External links
- {{Official website|ucb.com.bd}}
{{Portal|Banks}}
{{Banks in Bangladesh}}
Category:Banks established in 1983
Category:Banks of Bangladesh with Islamic banking services
Category:Companies listed on the Dhaka Stock Exchange