ENTITY

United Commercial Bank (UCB BD)

FinancialsBangladesh
United Commercial Bank Limited provides various commercial banking services in Bangladesh. The company offers deposit products, including savings, current, and resident and non-resident foreign currency deposit accounts; fixed, special notice, and other deposit schemes; and non-resident Bangladeshi savings products. It also provides loan products, such as trade, industrial, import, export, working capital, and lease finance; loan syndication services; packaging credit services; transport, hire purchase, house building, home, auto, doctors, marriage, education, hospitalization, travel, CNG conversion, home mortgage, house hold durable, agro, and other corporate banking loans, as well as letter of credit, project finance, syndicated or structured finance, and advances against salary loans; consumer credit schemes; and debit and credit cards. In addition, the company offers Western Union money transfer, SMS banking, online, inward and outward remittance, travelers cheque, underwriting and bridge financing, locker, offshore banking, loan syndication, and mobile financial services. Further, it provides stock brokerage and margin loan services; overdraft facilities; financial guarantee to individuals and organizations; and portfolio management, and investment banking services, as well as invests in treasury bills and bonds. As of December 31, 2015, the company had 158 branches, 28 authorized dealer branches, 2 agri branches, and 151 ATM booths. United Commercial Bank Limited was incorporated in 1983 and is headquartered in Dhaka, Bangladesh.
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