United Commercial Bank PLC (UCB) – ইউনাইটেড কমার্শিয়াল ব্যাংক পিএলসি (ইউসিবি) is a private commercial bank in Bangladesh. The bank was incorporated on 26 June, 1983. The government owns shares in the bank. The bank was listed in the Dhaka Stock Exchange (DSE) on 30 November, 1986 and Chittagong Stock Exchange (CSE) on 15 November, 1995.
Overview:
United Commercial Bank PLC (UCB) – ইউনাইটেড কমার্শিয়াল ব্যাংক পিএলসি (ইউসিবি) is one of the leading private commercial banks in Bangladesh. Established in 1983, UCB offers a wide range of financial products and services to individuals, businesses, and institutions. The bank operates through an extensive network of branches and ATMs across the country and provides services such as retail banking, corporate banking, SME banking, trade finance, remittance services, and digital banking solutions.
See also:
❏Banks in Bangladesh
United Commercial Bank PLC (UCB) at a glance: | |
| Bank Name | United Commercial Bank PLC (UCB) – ইউনাইটেড কমার্শিয়াল ব্যাংক পিএলসি (ইউসিবি) |
| Logo |  |
| Legal Status | Public Limited Company |
| Established | 1983 |
| Type | Private Bank |
| Category | Commercial Bank |
| Origin | Local Bank |
| Address | Plot- CWS(A)-1, Road No- 34, Gulshan Avenue, Dhaka-1212 Bangladesh |
| Call Center | 16419, +88-09610016419 (Overseas) |
| Telephone | +88-02-55668070, +88-09610999999 |
| PABX | |
| Fax | +88-02-55668070-6000, +88-09610999911-5200 |
| Bank Code | 245 |
| Stock Code | UCBL – DSE CSE |
| Swift Code | UCBLBDDH |
| info@ucb.com.bd | |
| Website | www.ucb.com.bd |
| Service Hours | Business day (Sun ~ Thu) 10:00 am ~ 4:00 pm * (Fri ~ Sat) Closed |
| Services |
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History of United Commercial Bank PLC (UCB):
With a firm commitment of the economic and social development of Bangladesh, United Commercial Bank PLC (UCB) started its journey in mid 1983 and has since been able to establish itself as one of the largest banks in the country. With a vast network of 228 branches, 2 SME Centers, 1 Off-Shore Banking Unit, 672 ATM & CRM Booths and 5749 Employees the Bank has already made a distinct mark in the realm of Private Sector Banking through personalized service, innovative practices, dynamic approach and efficient Management.
United Commercial Bank PLC (UCB) is a 1st generation private commercial bank in Bangladesh. It was incorporated on 26 June, 1983 as a public company with limited liability under the Companies Act 1994. The bank started banking operations on 27 June, 1983 with an authorised capital of Tk 100 million. The paid up capital was Tk 35.5 million. Later, both authorised and paid up capital were increased several times and on present they stood at Tk 15,000 million and Tk 14,062 million respectively. The bank is listed with Dhaka and Chittagong stock exchange.
The Bank has expanded its arena in different and diverse segments of banking like Retail Banking, SME Banking, Corporate Banking, Off-shore Banking, and Remittance etc. Besides various deposit and loan products of Retail Banking, the Bank caters export and import loan to deserving candidates which in turn helps the overall economy of the country through increased earning of foreign exchange. The bank has correspondent relationships with 596 foreign banks and financial institutions.
Other consumer products like UCB Cards have been showing tremendous success and growth since its inception in 2006 and soon became the leader in local market with around 40000 card holders.
Services Offered by UCB:
United Commercial Bank PLC (UCB) offers a wide range of services to meet the diverse needs of its customers. Here are some of the key services provided by UCB:
Retail Banking
- Savings Accounts: Various savings account options with competitive interest rates.
- Current Accounts: Flexible current accounts for daily transactions.
- Fixed Deposit Schemes: Long and short-term deposit schemes with attractive returns.
- Loans and Advances: Personal loans, home loans, car loans, and other financing options.
- Debit and Credit Cards: Issuance of debit and credit cards with global acceptance.
Corporate Banking
- Working Capital Financing: Solutions to manage the daily financial needs of businesses.
- Trade Finance: Services including Letters of Credit (LCs), bank guarantees, and documentary collections.
- Term Loans: Financing for capital expenditures and long-term projects.
- Corporate Advisory Services: Expertise in mergers, acquisitions, and other corporate financial services.
SME Banking
- SME Loans: Tailored loans to support small and medium-sized enterprises (SMEs).
- Overdraft Facilities: Credit lines for SMEs to manage cash flow.
- Lease Financing: Options for leasing machinery, vehicles, and other equipment.
- Trade Services: Assistance with import-export financing and trade documentation.
Islamic Banking
- Islamic Accounts: Shariah-compliant savings and current accounts.
- Investment Schemes: Profit-sharing investment accounts and funds.
- Islamic Loans: Shariah-compliant financing options like Murabaha, Mudaraba, and Ijara.
- Islamic Credit Cards: Credit cards following Islamic banking principles.
Digital Banking
- Internet Banking: Secure online banking services for account management, bill payments, and fund transfers.
- Mobile Banking: UCBL Upay mobile app for banking on the go, including mobile top-up and utility bill payments.
- SMS Banking: Access to account information and transaction alerts via SMS.
- ATM Services: Nationwide network of ATMs for cash withdrawals, balance inquiries, and more.
Foreign Exchange Services
- Remittances: Fast and secure international money transfer services.
- Foreign Currency Accounts: Accounts in foreign currencies for NRBs and other customers.
- Foreign Exchange Trading: Buy and sell foreign currencies at competitive rates.
- Travel Cards: Prepaid travel cards for convenient access to foreign currencies abroad.
Investment Banking
- Capital Market Services: Investment advisory, portfolio management, and brokerage services.
- Syndicated Loans: Arrangement and participation in syndicated loan facilities.
- Project Financing: Funding for large-scale infrastructure and development projects.
Treasury Services
- Money Market Operations: Participation in the interbank market for liquidity management.
- Forex Trading: Comprehensive foreign exchange and derivatives trading.
- Treasury Bills/Bonds: Investment opportunities in government securities.
Corporate Social Responsibility (CSR)
- Community Development: Initiatives in education, healthcare, and environmental sustainability.
- Financial Inclusion: Programs to extend banking services to underserved communities.
Other Services
- Safe Deposit Lockers: Secure lockers for storing valuable items.
- Merchant Services: POS and payment gateway solutions for businesses.
- Wealth Management: Personalized financial planning and investment services for high-net-worth individuals.
Contact
United Commercial Bank PLC (UCB), Head Office: Plot- CWS(A)-1, Road No- 34, Gulshan Avenue, Dhaka-1212 Bangladesh or contact any Branch/ Sub-Branch/ Agent Banking Outlet of the Bank
✆ Call Center: 16419, +88-09610016419 (Overseas)
Telephone: +88-02-55668070, +88-09610999999
Fax: +88-02-55668070-6000, +88-09610999911-5200
Bank Code: 245
Swift Code: UCBLBDDH
Email: info@ucb.com.bd
Website: www.ucb.com.bd
