When did United Commercial Bank Ltd. start its journey?
United Commercial Bank (UCB) started its journey in mid-1983 with a strong commitment to the economic and social development of Bangladesh. Since then, it has been able to establish itself as one of the largest first-generation banks in the country. With a tremendous community of 204 branches, the Bank has already made a distinct mark inside the realm of Private Sector Banking through a personalized carrier, revolutionary practice, dynamic approach and efficient Management.
Types of Banking
United Commercial Bank Ltd. has expanded its arena in a wide range of banking segments such as Retail Banking, SME Banking, Corporate Banking, Off-shore Banking, and Remittance, etc. Besides, various deposit and loan products of Retail Banking, the Bank caters to export and import loans to deserving candidates which in turn helps the overall economy of the country through increased earning of foreign exchange. Also, UCB Cards have been showing tremendous success and growth since its inception. Other than that, the Bank provides its customers with each incoming and outgoing remittance offerings. Thus the expatriates locate a smooth way to ship money through the proper channel.
Commitments & Objectives
With a firm dedication to promoting the SME area, United Commercial Bank Ltd. is assessing and monitoring enterprise loans, dealing with commercial enterprise financing risks, pricing merchandise and operating for a similar development of SME. Its Corporate Banking service consists of the simple business of issuing loans to more complex matters, such as helping minimize taxes paid by overseas subsidiaries, managing changes in foreign exchange rates or working out the details of financing packages necessary for the construction of a new office, plant or other facilities. Its area of expertise is in-depth knowledge in financial analysis with the analytical capability of financing large projects including RMG and infrastructure development projects.
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