Rashid ABB vice-chairman, Maroof treasurer
Mohammad Mamdudur Rashid, MD and CEO of United Commercial Bank, has been elected vice-chairman of Association of Bankers Bangladesh, said a press release...
Tags : commercial bank
Ex-minister Saifuzzaman, 27 others sued
The Anti-Corruption Commission on Thursday filed a case against former land minister Saifuzzaman Chowdhury Javed and 27 others over the embezzlement of Tk聽15 crore from United Commercial Bank PLC (UCB), allegedly using fake business entities...
SC clears way for holding UCB AGM
The Appellate Division of the Supreme Court on Tuesday temporarily cleared the way for holding United Commercial Bank鈥檚 42nd annual general meeting to be held on Thursday, staying a High Court order that had earlier halted the event for three months.
ACC sues Saifuzzaman, 30 others
The Anti-Corruption Commission (ACC) on Thursday filed a case against former land minister and Awami League leader Saifuzzaman Chowdhury Javed, his family members and several senior officials of United Commercial Bank PLC and Aramit Group on charges of embezzling and laundering Tk 25 crore from UCB...
Govt bank borrowing decreases in FY25
The government鈥檚 net borrowing from commercial banks decreased in the 2024鈥�25 financial year compared with the previous fiscal year, driven largely by a surge in foreign loan inflows...
BB to review assets of 11 more banks to decide fate
Bangladesh Bank has decided to launch asset quality reviews of 11 more private commercial banks as part of its effort to uncover financial irregularities and take informed decisions about these banks鈥� future...
Dollar holdings by banks increase
The dollar holdings of Bangladesh鈥檚 commercial banks rose notably in May 2025, backed by increase in remittance inflows and export earnings, according to the latest data from Bangladesh Bank.
10 banks hold over Tk 3 lakh crore in NPLs
Ten commercial banks collectively had over Tk 3 lakh crore in defaulted loans as of March 2025, accounting for nearly 71.4 per cent of the total Tk 4.2 lakh crore non-performing loans in the country鈥檚 banking sector...
UCB launches microservices-based open API banking platform
United Commercial Bank PLC has ushered in a transformative chapter in the country鈥檚 banking sector, says a press release.
Deposits in 10 banks surge by Tk 32,000cr in 3 months
Deposits in 10 well-performing private commercial banks surged by Tk 32,000 crore in the three months ending in March 2025, as depositors moved their funds away from financially weak institutions amid growing fears of collapse, persistent fund shortages, and distrust in bank management...
Bangladesh Bank dissolves boards of 3 more private banks
The Bangladesh Bank on Wednesday reconstituted boards of directors of three more private commercial banks, extending its restructuring efforts in the banking sector following the political transition on August 5...
CPD for closing sick banks, FID
The Centre for Policy Dialogue on Wednesday suggested closing down the private commercial banks which are now under life support and the finance ministry鈥檚 Financial Institutions Division for the division鈥檚 鈥榙ubious鈥� role in the financial sector...
BSEC probes sale of NRBC Bank founder鈥檚 restricted shares
The Bangladesh Securities and Exchange Commission has launched an investigation into the alleged covert and suspicious sale of restricted shares by NRB Commercial Bank founder ABM Abdul Mannan to three individuals closely linked to the bank鈥檚 leadership...
Loan facility to crisis-hit business groups, banks continues
The interim government has continued to provide crisis-hit commercial banks and large business groups with emergency loan assistances with the offering of Tk 180 crore to the Beximco Group in the past week, said officials...
BTMA demands payments of bills against back-to-back LCs
The country鈥檚 primary textile millers on Tuesday demanded intervention from the Bangladesh Bank to realise their matured bills from commercial banks against the supply of yarn and fabric to the readymade garment industries through back-to-back letters of credit...
BB urges banks to rebuild global image after Moody鈥檚 downgrade
The Bangladesh Bank on Monday asked the country鈥檚 commercial banks to devise strategies to restore their global reputation following the Moody鈥檚 recent downgrade of Bangladesh鈥檚 long-term sovereign credit rating...
Dollar holding by banks dips
Dollars held by Bangladesh鈥檚 commercial banks hit a more-than-two-year low in October, driven by a severe shortage of the foreign currency in the country...
Bank accounts of NRBC chair Parvez Tamal, 2 others frozen
Bangladesh Financial Intelligence Unit on Thursday froze the bank accounts of NRB Commercial Bank chairman SM Parvez Tamal, its vice president Md Jafar Iqbal Howlader and former executive committee chairman Adnan Imam and their companies...
UCB asks 40 officials to resign
United Commercial Bank PLC has asked 40 senior officials to resign amid allegations of corruption and professional misconduct...
NRBC Bank penalised for breaching rules
The Bangladesh Bank has imposed a Tk聽5 lakh fine on NRBC Bank for the private commercial bank鈥檚 failure to report suspicious transactions by a client and ordered it to take disciplinary actions against officials concerned for their failure to do duties and for providing false information...
UCB launches new products to realise three zeroes vision
United Commercial Bank PLC on Tuesday launched a new range of products, including deposit account and loan package.
Rashid appointed as MD, CEO of UCB
Mohammad Mamdudur Rashid has been appointed as managing director and chief executive officer of United Commercial Bank PLC recently, said a press release...
UCB elects chairman, vice-chairman, EC chair and audit committee chief
Business leader and entrepreneur Sharif Zahir has been unanimously elected the chairman of United Commercial Bank PLC during the board meeting held on Thursday at the corporate office of UCB....
Aparup elected UCB chair
Aparup Chowdhury has been elected chairman of United Commercial Bank PLC during the bank鈥檚 board meeting held on Tuesday, said a press release...
Bangladesh Bank reshapes boards of Union, Global Islami, UCB聽 banks
Bangladesh Bank on Tuesday dissolved the boards of Union Bank, Global Islami Bank, and United Commercial Bank, replacing them with independent directors.
Banks partially reopen, see cash withdrawal rush
Some branches of the country鈥檚 commercial banks reopened on Wednesday as the government relaxed the ongoing curfew, allowing offices to keep open from 11:00am to 3:00pm...
National boxing champion Sura Krishna Chakma joins UCB
Champion boxer Sura Krishna Chakma has joined United Commercial Bank PLC (UCB). During an illustrious career of more than a decade, Sura has not only made a mark at the national level but has also participated in numerous international events as a proud representative of the nation.
UCBL ex-MD Shajahan sued for embezzling Tk 109 crore
The Anti-Corruption Commission on Monday filed a case against two people, including former United Commercial Bank Limited managing director M Shahjahan Bhuiyan, on charges of embezzling Tk109 crore...