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UCB gets BB appreciation for disbursing highest stimulus packages

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

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

Under the direction of Honourable 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 hundred percent implementation of CMSME stimulus package, disbursed an amount of Taka 1,250 crore in the first phase which is the highest in the industry. 

United Commercial Bank Limited is the largest private commercial Bank of the country with remarkable exposure in Corporate, SME, RMG and other banking products and services.

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