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UBL sit-in program for recovery of defaulted investment

With a view to increasing customer confidence and more strengthening the bank’s finance, Union Bank PLC (UBL) has undertaken various programs to recover defaulted investments.

As a part of that on 13 January, executives and officers at various levels of the bank’s head office and branches held a sit-in program in front of the defaulting customer of the bank Mazeda Fabrics ltd. as a part of social movement to get return bank’s dues about Tk.174.58 crore only. Mrs. Mazeda Akthar is the Chairman and Mr. Mashiur Rahman Bhuiyan is the Managing Director of the organization.

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