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United Commercial Bank Limited (Bangladesh)

Main Activities: Commercial Banking
Full name: United Commercial Bank Limited Profile Updated: July 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

United Commercial Bank Limited (UCB) is a public limited company incorporated in Bangladesh on June 26, 1983. It is listed on the Dhaka Stock Exchange Limited since November 30, 1986, and on the Chittagong Stock Exchange Limited since November 15, 1995. UCB has established itself as one of the largest first-generation banks in the country, with 224 branches and a head office located at Plot - CWS- (A)-1, Road No - 34, Gulshan avenue, Dhaka-1212. The bank offers various banking services, including retail banking, SME banking, corporate banking, offshore banking, and remittance services. It provides deposit and loan products, export and import loans, and UCB Cards. The bank also facilitates incoming and outgoing remittance services. UCB is committed to promoting the SME sector and offers expertise in financial analysis and financing large projects. The bank aims to play a leading role in the economic activities of the country by investing in network expansion and adopting new technologies. The current Chairman of UCB is Mrs. Rukhmila Zaman, and the Managing Director & CEO is Mr. Arif Quadri. The bank has 5060 employees and a strong online presence through its website www.ucb.com.bd.

Headquarters
Cws(A)-1, Gulshan Avenue
Dhaka; Dhaka; Postal Code: 1212

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Website: http://www.ucb.com.bd

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 26, 1983
Key Executives
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Chairman
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Chief Executive Officer
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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41.68%
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35.87%
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21.64%
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0.81%
Subsidiaries
Ucb Capital Management Limited
99.9%
Ucb Investment Limited
99.9%
Company Performance
Financial values in the chart are available after United Commercial Bank Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net interest income
7.06%
Operating profit (EBIT)
-8.96%
Net Profit (Loss) for the Period
-33.38%
Total assets
8.57%
Total equity
3.49%
Total Assets Trend
-2.45%
Net Interest Income Trend
-3.04%
Loans to Deposits Ratio
-11.89%
Loans to Asset Ratio
-0.67%

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