759:
47:
586:
1965:
2418:
370:
353:
336:
319:
573:
With a network of 228 branches and 159 sub-branches, the Bank provided personalized service, innovative practices, dynamic approach and efficient
Management. Consumer products like UCB Cards have been showing growth since its inception in 2006 and soon became the leader in local market with around
546:(CSR) funds, while the remaining 50% can be retained as income. In July, MNH Bulu, A Bangladeshi businessman filed a lawsuit against UCB seeking BDT 400 million in damages for alleged defamation caused by false charges. In May 2023, according to a report prepared in accordance with
637:
In 2022, UCB achieved its highest profit, exceeding US$ 39 million, representing a growth rate of 32% compared to the previous fiscal year. The bank plans to establish a subsidiary at this year in
Singapore the United Arab Emirates and Qatar to handle remittances.
501:
from the bank. Between 2007 and 2012, four officials of the bank stole 100 million taka from the bank using forged credit cards until they were detected in May 2012. In 2012, the Anti-Corruption
Commission sued six for embezzling 129 million BDT from UCB.
1607:
641:
In 2024, UCB planned to take over
National Bank, UCB indicated interest in purchasing NBL, which was hit hard by high loan default rates in 2022, resulting in Tk 3,285 crore in lossesâthe most ever recorded by Bangladesh's banking industry.
485:
by gunpoint with 40 armed men. Again another chairman, Zafar Ahmed
Chowdhury was forced to resign. Bangladesh Police declined to initiate any action against him citing the close association between Akhtaruzzamanu and Prime Minister
1615:
1666:
615:, Ucash, was introduced in 2013. After eight years of services the name has been changed to Upay. In November 2020, United Commercial Bank PLC inaugurated its subsidiary, UCB Investment Ltd.
2460:
2450:
1923:
505:
In March 2016, a
Chittagong Court sentenced an official of UCB to jail for allegedly helping a businessman secure 181.8 million BDT loan against a property, which was already mortgaged to
953:
1742:
2455:
877:
1800:
1084:
1771:
2207:
1444:
527:
Humayun Zahir was the first chairman of the United
Commercial Bank. In 2013, Humayun Zahir's elder son Sharif Zahir was elected as the vice chairman of the bank. In 2013,
983:
1637:
481:, director of UCB was suspected for the murder. On 26 August 1999, Akhtaruzzaman forcefully seized control of UCBL's board of directors during a meeting with his son,
1271:
1013:
1043:
126:
1998:
1557:
1658:
622:
called Upay (āĻāĻĒāĻžāĻ¯āĻŧ), a digital financial service brand owned by UCB Fintech
Company Limited, a United Commercial Bank affiliate. Upay had acquisitions with
516:
In
September 2017, United Commercial Bank provided loan waiver to Russel Vegetable Oils Limited, a company linked to bank director, Sultana Hashem, wife to
1304:
747:
493:
In
February 2008, Bangladesh Bank appointed an observer to United Commercial Bank due to ownership disputes. In 2010, Akhtaruzzaman became a director. The
1387:
1426:
923:
1183:
561:
In 2024, Sharif Zahir become the chairman of the Bank who said he was removed from the bank forcefully with the knowledge of former Prime Minister
494:
2465:
1586:
708:
1358:
945:
542:
crisis. Later the complaint has been resolved, resulting in the bank being mandated to allocate 50% of its profit from dollar trading to its
477:
On 8 April 1993, Humayun Zahir, the first chairman of the United Commercial Bank was murdered following a dispute with other bank directors.
785:
1734:
1477:
2227:
1408:
2440:
2258:
1333:
1125:
694:
311:
2107:
1991:
726:
670:
Received an award for excellence in the category of "Mastercard Contactless (Acquiring)" in the 'Mastercard Excellence Awards 2022'.
547:
1792:
1763:
1076:
2092:
598:
1821:
38:
2283:
2222:
810:
543:
1242:
1213:
975:
878:"Independent Auditor's Report and Audited Consolidated and Separate Financial Statements for the year ended 31 December 2022"
1629:
1154:
1899:
538:
asked UCB to provide clarifications regarding their suspected profiting from selling dollars at inflated prices during the
46:
2268:
2248:
2122:
859:
1849:
1687:
1263:
2445:
2364:
2147:
1984:
1005:
478:
1035:
2066:
2007:
1874:
1826:
2273:
2263:
1549:
2324:
2309:
2157:
835:
619:
612:
471:
112:
1296:
1713:
594:
203:
585:
466:
The bank was incorporated on 26 June 1983. The government owns shares in the bank. The bank was listed in the
1379:
539:
497:(ACC) sued four officials of UCB and a managing director of a real estate company for embezzling 90 million
915:
2395:
2359:
2253:
2212:
2152:
1462:
1175:
506:
215:
82:
2369:
2278:
2162:
482:
2187:
467:
103:
1578:
634:
to ensure that their users will not need an active internet connection to use the Upay application.
2390:
2334:
2142:
2137:
1354:
2417:
2405:
2329:
2314:
2192:
2182:
2127:
2112:
2071:
147:
1445:"Businessman MNH Bulu seeks Tk 400m in damages from United Commercial Bank over 'false charges'"
781:
2132:
2117:
2102:
2097:
1117:
555:
2177:
2056:
2031:
551:
498:
362:
209:
1325:
1109:
490:. Later, Zafar Ahmed returned to the board of directors with a court verdict in his favor.
2021:
535:
290:
285:
86:
17:
1525:
722:
627:
606:
577:
The bank listed in Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited.
280:
2434:
2217:
2202:
562:
487:
175:
94:
806:
2421:
2400:
2385:
2299:
1970:
623:
602:
528:
521:
517:
107:
1234:
1205:
1146:
132:
116:
2232:
2197:
2061:
2051:
2046:
300:
295:
1501:
1427:"Dollar crisis: 6 more banks exonerated from charge of making excessive profit"
898:
2339:
1976:
1960:
631:
510:
455:
388:
328:
230:
186:
1121:
601:. In September 2015, United Commercial Bank launched a new logo, designed by
37:
2304:
2172:
2167:
754:
246:
2087:
749:āĻāĻāĻ¸āĻŋāĻŦāĻŋ'āĻ° āĻāĻ¸āĻ˛āĻžāĻŽāĻŋāĻ āĻŦā§āĻ¯āĻžāĻāĻāĻŋāĻ āĻ¸ā§āĻŦāĻž 'āĻāĻāĻ¸āĻŋāĻŦāĻŋ āĻ¤āĻžāĻāĻāĻ¯āĻŧāĻž'āĻ° āĻāĻ¨ā§āĻˇā§āĻ āĻžāĻ¨āĻŋāĻ āĻ¯āĻžāĻ¤ā§āĻ°āĻž āĻļā§āĻ°ā§
275:
143:
831:
1705:
584:
345:
180:
1924:"United Commercial Bank PLC: Bangladesh's Best Bank for CSR 2023"
2319:
1980:
1409:"Six more banks asked to explain alleged unusual profit-making"
1659:"'upay' offers lowest cash-out fees, highest client security"
946:"United Commercial Bank signs Microsoft Enterprise Agreement"
1478:"'We were forced to leave UCB, and the PM knew everything'"
593:
In 2009, United Commercial Bank signed a contract with the
1204:
Rahman, Sajjadur; Ch, Chaitanya; Halder, ra (2012-06-05).
1077:"Lessons from three black chapters of the banking sector"
807:"Display Company Information | Dhaka Stock Exchange"
509:, through fraud and then laundering the money outside of
524:. The loan waiver violated banking rules of Bangladesh.
428:
695:"UCB, Global Islami, Union get new boards of directors"
1526:"Corporate Information - United Commercial Bank (UCB)"
723:"Corporate Information - United Commercial Bank (UCB)"
1463:"Financial Statements - United Commercial Bank (UCB)"
1264:"UCBL official sent to jail in money laundering case"
1953:
1630:"UCB plans to set up separate MFS subsidiary "upay""
1530:
Corporate Information - United Commercial Bank (UCB)
1036:"Fresh arguments in Humayun Zahir Murder Case begin"
2378:
2352:
2292:
2241:
2080:
2039:
2030:
2014:
423:
415:
387:
377:
360:
343:
326:
309:
268:
236:
224:
193:
171:
153:
139:
125:
92:
78:
70:
56:
1900:"UCB wins awards at Global SME Finance Award 2022"
1735:"Robi customers can use upay app without Internet"
2461:Companies listed on the Chittagong Stock Exchange
2451:Banks of Bangladesh with Islamic banking services
1850:"UCB to form subsidiaries in Hong Kong, Malaysia"
1110:"Official accused of storming bank in Bangladesh"
709:"UCB freed from ex-land minister, family's grip"
1822:"UCB plans to take over troubled National Bank"
976:"Jayati Chakraborty performance at Uttra Club"
1992:
1608:"UCB mobile financial service UCash launched"
1355:"Sharif Zahir made UCBL vice-chairman |"
62:
8:
2456:Companies listed on the Dhaka Stock Exchange
1502:"UCB Profile - United Commercial Bank (UCB)"
899:"UCB Profile - United Commercial Bank (UCB)"
832:"ATM Locator - United Commercial Bank (UCB)"
30:
2208:South Bangla Agriculture and Commerce Bank
2036:
1999:
1985:
1977:
1506:UCB Profile - United Commercial Bank (UCB)
45:
36:
29:
550:(IAS)-34, UCB disclosed a decline in its
51:The headquarters of UCB at Gulshan Avenue
2254:Export Import Bank of Bangladesh Limited
1793:"UCB to form subsidiaries in Qatar, UAE"
1764:"UCB to form a subsidiary in Singapore"
1147:"BB appoints observers for 3 pvt banks"
686:
1875:"UCB gets Mastercard excellence award"
1550:"UCBL made official sponsor of Tigers"
986:from the original on 17 September 2018
910:
908:
597:to become the official sponsor of the
1688:"UCB Investment LTD. Started journey"
1290:
1288:
1103:
1101:
1070:
1068:
1066:
1064:
1062:
1060:
860:"UCB reports record 32pc profit rise"
854:
852:
7:
1297:"Bank bends rules for its directors"
926:from the original on 31 October 2016
762:from the original on 4 November 2021
255:Sajjad Hossain, Independent Director
956:from the original on 30 August 2017
676:Bangladesh's Best Bank for CSR 2023
261:Obaidur Rahman Independent Director
74:United Commercial Bank (Bangladesh)
2259:First Security Islami Bank Limited
1614:. 23 November 2013. Archived from
1006:"DSEX and DS30 indexes reshuffled"
64:āĻāĻāĻ¨āĻžāĻāĻā§āĻĄ āĻāĻŽāĻžāĻ°ā§āĻļāĻŋāĻ¯āĻŧāĻžāĻ˛ āĻŦā§āĻ¯āĻžāĻāĻ āĻĒāĻŋāĻāĻ˛āĻ¸āĻŋ
25:
1016:from the original on 2 March 2017
548:International Accounting Standard
252:Tanvir Khan, Shareholder Director
2416:
1963:
916:"United Commercial Bank Limited"
599:Bangladesh national cricket team
531:was re-elected chairman of UCB.
369:
368:
352:
351:
335:
334:
318:
317:
1803:from the original on 2023-03-24
1774:from the original on 2023-03-24
1745:from the original on 2023-05-01
1716:from the original on 2021-11-06
1669:from the original on 2023-05-13
1640:from the original on 2023-05-13
1589:from the original on 2023-03-24
1560:from the original on 2023-03-24
1476:Hasan, Md Mehedi (2024-09-16).
1390:from the original on 2023-03-24
1361:from the original on 2023-05-13
1336:from the original on 2023-06-03
1307:from the original on 2023-03-24
1295:Rahman, Sajjadur (2017-09-09).
1274:from the original on 2023-03-24
1245:from the original on 2023-01-20
1216:from the original on 2023-03-24
1206:"Credit card fraud ring busted"
1186:from the original on 2023-03-24
1176:"4 UCBL officials among 5 sued"
1157:from the original on 2023-03-24
1128:from the original on 2022-11-01
1087:from the original on 2022-11-01
1046:from the original on 2023-06-03
838:from the original on 2023-04-05
813:from the original on 2021-11-03
788:from the original on 2023-02-02
758:(in Bengali). 12 October 2020.
729:from the original on 2023-04-05
544:corporate social responsibility
443:Footnotes / references
258:Yusuf Ali, Independent Director
613:Mobile financial service (MFS)
589:CRM/ATM booth of UCB in Mirpur
458:. It was established in 1983.
454:(UCB) is a commercial bank in
1:
2466:Companies in the DSE 30 Index
2269:Shahjalal Islami Bank Limited
2249:Al-Arafah Islami Bank Limited
1108:Mahmud, Arshad (1999-08-28).
673:Global SME Finance Award 2022
2365:Rajshahi Krishi Unnayan Bank
479:Akhtaruzzaman Chowdhury Babu
27:A private bank of Bangladesh
2067:Bangladesh Development Bank
2008:List of banks in Bangladesh
1827:The Daily Star (Bangladesh)
660:UCB Fintech Company Limited
373:$ 382.9 million (2022)
322:$ 105.7 million (2022)
2482:
2274:Social Islami Bank Limited
2264:Islami Bank Bangladesh Ltd
618:In 2021, UCB launched the
554:along with an increase in
495:Anti-Corruption Commission
452:United Commercial Bank PLC
339:$ 37.1 million (2022)
249:& Shareholder Director
31:United Commercial Bank PLC
18:United Commercial Bank Ltd
2441:Banks established in 1983
2414:
2325:National Bank of Pakistan
2310:Commercial Bank of Ceylon
472:Chittagong Stock Exchange
441:
405:UCB Asset Management Ltd.
356:$ 5.8 billion (2022)
63:
44:
35:
2093:Bangladesh Commerce Bank
1380:"UCB re-elects chairman"
1326:"UCB gets vice chairman"
748:
595:Bangladesh Cricket Board
402:UCB Fintech Company Ltd.
399:UCB Stock Brokerage Ltd.
540:foreign exchange market
2396:Ansar-VDP Unnayan Bank
2360:Bangladesh Krishi Bank
2228:United Commercial Bank
1579:"UCB unveils new logo"
665:Awards and recognition
590:
507:Bangladesh Krishi Bank
159:; 41 years ago
83:Public limited company
2370:Probashi Kallyan Bank
1879:The Business Standard
1854:The Business Standard
1692:The Financial Express
1663:The Financial Express
1634:The Business Standard
1431:The Business Standard
952:. 25 September 2016.
864:The Financial Express
588:
574:40,000 card holders.
483:Saifuzzaman Chowdhury
1433:. 29 September 2022.
1235:"More scam in banks"
657:UCB Asset Management
581:Financial activities
468:Dhaka Stock Exchange
2446:Banks of Bangladesh
2391:Karmasangsthan Bank
2335:State Bank of India
1042:. 17 January 2000.
651:UCB Stock Brokerage
408:UCB Investment Ltd.
379:Number of employees
195:Number of locations
32:
2406:Palli Sanchay Bank
2330:Standard Chartered
2315:Habib Bank Limited
2284:Union Bank Limited
2128:Global Islami Bank
2072:BASIC Bank Limited
1075:Hossain, Shawkat.
982:. 1 October 2016.
591:
556:operating expenses
470:(DSE) by 1986 and
157:June 27, 1983
148:Financial services
2428:
2427:
2348:
2347:
2158:Mutual Trust Bank
449:
448:
286:Corporate banking
16:(Redirected from
2473:
2420:
2037:
2001:
1994:
1987:
1978:
1973:
1968:
1967:
1966:
1957:
1956:
1954:Official website
1939:
1938:
1936:
1935:
1920:
1914:
1913:
1911:
1910:
1896:
1890:
1889:
1887:
1886:
1871:
1865:
1864:
1862:
1861:
1846:
1840:
1839:
1837:
1835:
1818:
1812:
1811:
1809:
1808:
1789:
1783:
1782:
1780:
1779:
1760:
1754:
1753:
1751:
1750:
1731:
1725:
1724:
1722:
1721:
1702:
1696:
1695:
1684:
1678:
1677:
1675:
1674:
1655:
1649:
1648:
1646:
1645:
1636:. 8 March 2021.
1626:
1620:
1619:
1604:
1598:
1597:
1595:
1594:
1575:
1569:
1568:
1566:
1565:
1546:
1540:
1539:
1537:
1536:
1522:
1516:
1515:
1513:
1512:
1498:
1492:
1491:
1489:
1488:
1473:
1467:
1466:
1459:
1453:
1452:
1441:
1435:
1434:
1423:
1417:
1416:
1405:
1399:
1398:
1396:
1395:
1376:
1370:
1369:
1367:
1366:
1351:
1345:
1344:
1342:
1341:
1332:. 18 June 2013.
1322:
1316:
1315:
1313:
1312:
1292:
1283:
1282:
1280:
1279:
1260:
1254:
1253:
1251:
1250:
1231:
1225:
1224:
1222:
1221:
1201:
1195:
1194:
1192:
1191:
1172:
1166:
1165:
1163:
1162:
1143:
1137:
1136:
1134:
1133:
1105:
1096:
1095:
1093:
1092:
1072:
1055:
1054:
1052:
1051:
1032:
1026:
1025:
1023:
1021:
1012:. 21 July 2016.
1002:
996:
995:
993:
991:
972:
966:
965:
963:
961:
942:
936:
935:
933:
931:
912:
903:
902:
895:
889:
888:
882:
874:
868:
867:
856:
847:
846:
844:
843:
828:
822:
821:
819:
818:
803:
797:
796:
794:
793:
778:
772:
771:
769:
767:
744:
738:
737:
735:
734:
719:
713:
712:
705:
699:
698:
691:
552:operating profit
499:Bangladeshi taka
474:(CSE) by 1995.
437:
434:
432:
430:
383:5060 (2021)
372:
371:
365:
355:
354:
348:
338:
337:
321:
320:
312:Operating income
281:Consumer banking
276:Banking services
167:
165:
160:
135:
66:
65:
49:
40:
33:
21:
2481:
2480:
2476:
2475:
2474:
2472:
2471:
2470:
2431:
2430:
2429:
2424:
2410:
2374:
2344:
2288:
2237:
2148:Mercantile Bank
2076:
2026:
2022:Bangladesh Bank
2010:
2005:
1969:
1964:
1962:
1952:
1951:
1948:
1943:
1942:
1933:
1931:
1922:
1921:
1917:
1908:
1906:
1898:
1897:
1893:
1884:
1882:
1873:
1872:
1868:
1859:
1857:
1848:
1847:
1843:
1833:
1831:
1820:
1819:
1815:
1806:
1804:
1791:
1790:
1786:
1777:
1775:
1762:
1761:
1757:
1748:
1746:
1733:
1732:
1728:
1719:
1717:
1704:
1703:
1699:
1686:
1685:
1681:
1672:
1670:
1657:
1656:
1652:
1643:
1641:
1628:
1627:
1623:
1612:bdreports24.com
1606:
1605:
1601:
1592:
1590:
1577:
1576:
1572:
1563:
1561:
1548:
1547:
1543:
1534:
1532:
1524:
1523:
1519:
1510:
1508:
1500:
1499:
1495:
1486:
1484:
1475:
1474:
1470:
1461:
1460:
1456:
1443:
1442:
1438:
1425:
1424:
1420:
1407:
1406:
1402:
1393:
1391:
1378:
1377:
1373:
1364:
1362:
1353:
1352:
1348:
1339:
1337:
1324:
1323:
1319:
1310:
1308:
1294:
1293:
1286:
1277:
1275:
1262:
1261:
1257:
1248:
1246:
1233:
1232:
1228:
1219:
1217:
1203:
1202:
1198:
1189:
1187:
1174:
1173:
1169:
1160:
1158:
1145:
1144:
1140:
1131:
1129:
1107:
1106:
1099:
1090:
1088:
1074:
1073:
1058:
1049:
1047:
1034:
1033:
1029:
1019:
1017:
1004:
1003:
999:
989:
987:
974:
973:
969:
959:
957:
944:
943:
939:
929:
927:
914:
913:
906:
897:
896:
892:
880:
876:
875:
871:
858:
857:
850:
841:
839:
830:
829:
825:
816:
814:
805:
804:
800:
791:
789:
780:
779:
775:
765:
763:
750:
746:
745:
741:
732:
730:
721:
720:
716:
707:
706:
702:
693:
692:
688:
683:
667:
648:
583:
571:
536:Bangladesh Bank
464:
445:
427:
411:
380:
361:
344:
331:
314:
305:
291:Islamic banking
264:
239:
227:
220:
196:
189:
183:
163:
161:
158:
146:
131:
121:
97:
87:commercial bank
59:
52:
28:
23:
22:
15:
12:
11:
5:
2479:
2477:
2469:
2468:
2463:
2458:
2453:
2448:
2443:
2433:
2432:
2426:
2425:
2415:
2412:
2411:
2409:
2408:
2403:
2398:
2393:
2388:
2382:
2380:
2376:
2375:
2373:
2372:
2367:
2362:
2356:
2354:
2350:
2349:
2346:
2345:
2343:
2342:
2337:
2332:
2327:
2322:
2317:
2312:
2307:
2302:
2296:
2294:
2290:
2289:
2287:
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