United Commercial Bank PLC 2021 AR2
The report highlights United Commercial Bank Limited's financial and operational performance for the fiscal year 2021, showcasing a significant 48.51% increase in operating profit to BDT 10,183.71 million. The company expanded its network to 215 branches, 135 sub-branches, and 628 ATM/CRM booths, while its subsidiary, UCB Stock Brokerage Limited, achieved the first rank in DSE monthly turnover. In sustainability, the bank was recognized as one of the 'Top 10 Sustainable Banks of Bangladesh' by Bangladesh Bank, disbursing BDT 15,434.36 million in sustainable finance and BDT 321.21 million in green finance. Additionally, the company contributed BDT 261.39 million to corporate social responsibility initiatives, including special COVID-19 relief efforts.
Company: United Commercial Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2021
Type: AR2
Pages: 403
United Commercial Bank PLC
The report highlights United Commercial Bank Limited's financial and operational performance for the fiscal year 2021, showcasing a significant 48.51% increase in operating profit to BDT 10,183.71 million. The company expanded its network to 215 branches, 135 sub-branches, and 628 ATM/CRM booths, while its subsidiary, UCB Stock Brokerage Limited, achieved the first rank in DSE monthly turnover. In sustainability, the bank was recognized as one of the 'Top 10 Sustainable Banks of Bangladesh' by Bangladesh Bank, disbursing BDT 15,434.36 million in sustainable finance and BDT 321.21 million in green finance. Additionally, the company contributed BDT 261.39 million to corporate social responsibility initiatives, including special COVID-19 relief efforts.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees