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UBL bouncing back

Shariah-based Union Bank PLC (UBL), under the leadership of its newly established Board of the Directors, has recently signed a Liquidity Support Fund Agreement with Bangladesh Bank. As a result, liquid assets will soon become accessible. Over the past three days, there has been a significant increase in new deposit accounts and bank deposits, along with promising loan collections. Overall, the bank is making a strong recovery, providing reassurance to its customers and positively impacting the banking arena.

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