Uttara Bank

Uttara Bank Limited

Type	Private (Non-Government), (DSE:UTTARABANK )
Industry	Banking
Founded	Dhaka, Bangladesh (1965)
Headquarters	Dhaka, Bangladesh
Key people	Azharul Islam (Chairman) Iftekharul Islam (Vice Chairman) Shaikh Abdul Aziz (Managing Director & CEO)^[1]
Products	General Banking Retail Banking Consumer Banking Corporate Banking Investment Banking SME Banking
Net income	Tk 1389 million ^[2]
Number of employees	3,462 persons ^[3]
Website	Official website

Uttara Bank Limited is one of the largest and oldest private sector commercial banks in Bangladesh. There are 224 branches at home and 600 affiliates worldwide.^[4]

History

Uttara Bank Limited (UBL) was established in 1965 with the head office located at Motijheel in Dhaka, East Pakistan as a scheduled bank of the Eastern Banking Corporation. After the liberation war of Bangladesh, the bank was nationalized under Bangladesh Banks (Nationalisation) Order 1972 and renamed it Uttara Bank.^[4] In 1983, it became the first privatized bank of Bangladesh.

Structure

Uttara Bank Limited has 224 branches in Bangladesh. The bank's internal and external operational activities is operated by twelve zones in different regions of the country. It operates through a number of online branches and authorised dealer branches. It is also affiliated with nearly 600 financial institutions worldwide. The Board of Directors consists of 13 members. The Head Office is located at Bank’s own 18-storied building at 90, Motijheel C/A, the commercial center of the capital, Dhaka.

Financial Health and Strength

Despite the recent crisis in the Bangladeshi banking sector, Uttara Bank is maintaining a decent financial health. Bonik Barta, a financial daily newspaper has declared this bank as one of the strongest banks of Bangladesh based on seven indices.^[5]

Controversy

Two bank officials including a branch manager and two businessmen were sentenced to life imprisonment for embezzlement.^[6]

External links

Official website

References

↑ "Photo: Uttara Bank Limited | STOCK & CORPORATE | The financial express". Retrieved 2016-05-01.
↑ http://www.cse.com.bd/companyDetails.php?scriptCode=UTTARABANK
↑ https://www.uttarabank-bd.com/
1 2 "Uttara Bank Limited - Banglapedia". en.banglapedia.org. Retrieved 2016-05-01.
↑ http://www.bonikbarta.com/first-page/2013/07/30/10742
↑ "Four including Uttara Bank officials get life imprisonment for embezzlement". bdnews24.com. Retrieved 2016-05-01.

List of banks in Bangladesh

Central bank	Bangladesh Bank

State-owned commercial banks	Agrani Bank Sonali Bank Rupali Bank Janata Bank

Private commercial banks	AB Bank Limited Bangladesh Commerce Bank Limited Bank Asia Limited BRAC Bank Limited Dhaka Bank Limited Dutch Bangla Bank Limited Eastern Bank Limited Farmers Bank Limited IFIC Bank Limited Jamuna Bank Limited Meghna Bank Limited Mercantile Bank Limited Midland Bank Limited Modhumoti Bank Limited Mutual Trust Bank Limited National Bank Limited NCC Bank Limited NRB Bank Limited NRB Commercial Bank Limited NRB Global Bank Ltd One Bank Limited Prime Bank Limited Pubali Bank Limited South Bangla Agriculture and Commerce Bank Ltd Southeast Bank Limited Standard Bank Limited The City Bank The Premier Bank Limited Trust Bank Limited United Commercial Bank Ltd Uttara Bank Limited

Islamic Commercial Banks	Al-Arafah Islami Bank Limited Export Import Bank of Bangladesh Limited First Security Islami Bank Limited ICB Islamic Bank Islami Bank Bangladesh Ltd Shahjalal islami bank Limited Social Islami Bank Limited Union Bank Limited

Foreign commercial banks	Bank Alfalah Citibank NA Commercial Bank of Ceylon Habib Bank Limited HSBC National Bank of Pakistan Standard Chartered Bank State Bank of India Woori Bank

Specialized banks	Bangladesh Krishi Bank Rajshahi Krishi Unnayan Bank Bangladesh Development Bank Ltd BASIC Bank Limited Probashi Kallyan Bank

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