UCB Investment recognised as 'Best Securities House' in Bangladesh

UCB Investment Ltd (UCBIL) has been awarded the prestigious title of Best Securities House in Bangladesh for 2024 by Euromoney. This recognition highlights UCBIL's leadership in the country's financial sector, says a media release Tuesday.

UCBIL has consistently demonstrated excellence in investment banking, earning previous accolades from Euromoney, FinanceAsia, and Asiamoney. Despite its relatively short operating history, UCBIL has played a significant role in the development of the Bangladesh Capital Market, managing a substantial portion of listed corporate bonds, according to a the release.

Mr Mohammad Mamdudur Rashid, Managing Director and CEO of United Commercial Bank PLC, expressed his satisfaction with UCBIL's achievement, emphasising its positive impact on the UCB brand. Mr Tanzim Alamgir, Managing Director and CEO of UCB Investment Limited, attributed the success to the hard work of the team, the support of clients and regulators, and the company's commitment to excellence.

UCBIL has demonstrated a strong focus on corporate social responsibility, supporting initiatives related to children's education, women's empowerment, and elderly care. The company is also dedicated to fostering knowledge development in capital markets and investment banking.

As UCBIL continues to grow and innovate, it aims to provide state-of-the-art solutions to its clients while maintaining regulatory compliance. This latest award is a testament to UCBIL's dedication to excellence and its contribution to the development of Bangladesh's financial sector.