United Commercial Bank PLC

Establishment: incorporated 26 June 1983, banking commenced 27 June 1983 per corporate information page and Wikipedia; one of Bangladesh's first-generation private commercial banks. DSE listing 1986, CSE listing 1995. Authorized capital BDT 25,000 million; paid-up capital BDT 15,503.758 million (BDT 15,504 million rounded) per ucb.com.bd corporate information (April 2026) and DSE profile (BDT 15,503.76 million). Balance sheet (total assets BDT 772,183 million, deposits BDT 545,599 million, loans BDT 578,131 million) from stockanalysis.com FY2024 balance sheet, confirmed by DSE NAV data (BDT 26.42 × 1,550.376 million shares ≈ BDT 40,960 million equity, roughly consistent with a BDT 772 billion asset base). Net profit BDT 80.06 million (Tk 8.006 crore) confirmed by DSE EPS BDT 0.05 × 1,550.376 million shares ≈ BDT 77.5 million (rounding consistent). FY2023 net profit BDT 2,198 million (Tk 219.8 crore) per stockanalysis.com income statement; 96% decline to BDT 80.6 million in FY2024 attributable to provision for loan losses rising from BDT 3,793 million (2023) to BDT 11,853 million (2024). NPL ratio: TBS and Daily Star reporting cite 14% NPL ratio on outstanding loans; UCB FY2024 audited statements filed at CSE (ucb.com.bd / cse.com.bd) disclose classified loans of Tk 8,534.40 crore = BDT 85,344 million; gross advances BDT 578,131 million → NPL ratio = 85,344 / 578,131 = 14.76% (calculated). NPL BDT field set to BDT 85,340,000,000 (Tk 8,534 crore rounded per CSE auditor disclosure). CAR 10.59% cited in CSE-uploaded auditor qualified opinion doc and confirmed by multiple news references to it falling below the 12.5% regulatory minimum; set as 10.59. Chairman Sharif Zahir elected 29 August 2024 per TBS; this is confirmed from multiple sources. MD/CEO Mohammad Mamdudur Rashid: announced late September / published 1 October 2024 per TFE article URL timestamp 1727720019 = 2024-09-30; md_ceo_since set to 2024-10-01 (effective date consistent with article date). Bashundhara Group connection: there is an MOU for payroll banking services for Bashundhara Group employees (TBS article confirmed) but no equity ownership stake in UCB by Bashundhara Group is confirmed; Wikipedia does not list Bashundhara as a shareholder. Historical governance note: founding sponsor Humayun Zahir murdered 1993; armed board takeover 1999 by Akhtaruzzaman Chowdhury family who controlled the bank for ~25 years until BB reconstituted the board in August 2024. Government ownership 0.81% and foreign ownership 0.50% per DSE shareholding (April 2026). Employee count 5,994 and ATM/CRM booths 702 per ucb.com.bd corporate information (as of April 2026). Branch count 236 per same source (April 2026). Sub-branch count not separately disclosed; 228 branches + 2 SME centers + 1 OBU = 231 per older figure; using 236 as current from corporate info. Agent banking contact page exists on ucb.com.bd but total outlet count not confirmed — set to null. Long-term rating 'AA' per Wikipedia (2022 data); no 2025-26 rating reaffirmation found from a retrievable primary source; agency name unknown for current period — rating_agency and rating_as_of set to null, rating_long_term left as 'AA' with caveat in notes. CAR 10.59% below BB's 12.5% threshold; capital shortfall Tk 1,385.19 crore as of June 2025. ROA and ROE not computed — set to null. Verification_status=partial: balance sheet, income statement, NPL, and CAR cross-confirmed from multiple sources; rating lacks 2025-26 primary confirmation; sub-branch and agent banking counts not confirmed.