UCB signs deal with BB to avail refinance fund

United Commercial Bank Ltd recently signed an agreement with Bangladesh Bank (BB) for availing refinance fund under the Asian Development Bank aided Supporting Post COVID-19 Small Scale Employment Creation Project (SPCSSECP), a press release said Wednesday. Under the initiative, UCB will offer credit facilities to cottage, micro and small enterprises at

UCB Investment announces closure of IBBL 2nd bond

UCB Investment Ltd. has announced the closure of IBBL 2nd Perpetual Mudaraba Bond at a ceremony held on Tuesday at IBBL Tower, a press release said. UCB Investment was the Lead Arranger & Issue Manager of the bond. Prime Bank Investment Ltd. acted as Joint Co-Arranger & Issue Manager and Islami

UCB signs MoU with Blucheez

United Commercial Bank Limited (UCB) has signed an MoU with Blucheez Outfitters at UCB Corporate Office on Wednesday, a press release said. Under the agreement, all UCB Debit/Credit/Prepaid cardholders will be able to enjoy exclusive discount on e-commerce purchase from Blucheez Outfitters website blucheez.com.bd round the year. ATM TahmiduzzamanFCS, Deputy Managing Directorof

UCB signs deal with Agrigate

United Commercial Bank Limited (UCB) has signed farmers account opening agreement with Agrigate Network Limited (ANL) at its corporate office on Tuesday, a press release said. Under this agreement, UCB will open farmers account who are registered with Agrigate Network Limited (ANL). Md Shah Alam Bhuiyan, Deputy Managing Director of UCB and

UCB recognizes branch managers for good performance

The Service Quality Department of United Commercial Bank Limited (UCB) organized a Service Excellence Award-2021 at UCB Corporate Office, on Wednesday to recognize the performing branch managers of the country who provided optimum quality service to the clients. Arif Quadri, Managing Director & CEO of UCB chaired the program and handed

UCB Asset Management holds Shariah Board Meeting

The first Shariah Supervisory Board meeting of UCB Taqwa Growth Fund was held at the HQ of UCB Asset Management Ltd  in Gulshan, Dhaka, a press release said Wednesday. Prof Dr Md Abdur Rashid, Chairman of the Shariah Supervisory board, Prof Dr. K M Saiful Islam Khan, Dr. Mohammad Zahidul Islam,

UCB, PRAN RFL Group sign financing agreement

United Commercial Bank Limited (UCB) and PRAN-RFL Group signed Supply Chain Financing Agreement at the Corporate Office of bank on Sunday. Arif Quadri, Managing  Director & CEO of United Commercial Bank Limited and Uzma Chowdhury, Director of PRAN-RFL Group signed on behalf of respective organizations. Under the agreement, UCB will extend credit

UCB holds foundation course for probationary officers

United Commercial Bank Ltd. has organised a 15-day long Banking Foundation Course for its newly recruited probationary officers at the Bangladesh Institute of Bank Management (BIBM) from 30 March 2022. The formal inauguration was chaired by the Dr. Md. Akhtaruzzaman, Director General of BIBM. From the bank N. Mustafa Tarek, Deputy

UCB extends credit facility to Delivery Tiger

United Commercial Bank has extended credit facility to Delivery Tiger to reach more than 20,000 online CMSMEs. Delivery Tiger is a start-up business which is an online-based courier service. Under this, online CMSMEs will be benefited and will be able to do sustainable business. Arif Quadri, Managing Director & CEO of UCB

UCB signs MOU with bti on home loans

United Commercial Bank Limited (UCB) recently signed a Memorandum of Understanding (MOU) with Building Technology & Ideas Ltd (bti) in the corporate office of the Bank. Under the agreement, home loans will be offered to the customers under attractive rates and benefits. Arif Quadri, Managing Director & CEO of UCB and F