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25 days ago

UCB posts strong, sustainable finance performance

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United Commercial Bank (UCB) has reported a notable rise in its green and sustainable financing portfolio during the first quarter of 2026, reflecting a stronger institutional commitment toward climate-resilient banking and ESG-driven investment.

According to UCB’s Sustainability Finance Dashboard, Green Finance disbursement amounted to BDT 718 million during Q1, 2026, achieving 25.02 per cent of Total Term Loan disbursement against the target threshold of 5 per cent (in amount BDT 144 million). Meanwhile, Green Finance outstanding stood at BDT 26,371 million, capturing 5.04 per cent of Net Loans and Advances, slightly above the regulatory target at 5 per cent (in amount BDT 26,171 million).

The bank also demonstrated strong momentum in sustainable finance, where disbursement reached BDT 23,504 million, equivalent to 32.38 per cent of total disbursement during Q1, 2026. Sustainable finance outstanding amounted to BDT 193,590 million, representing 36.99 per cent progress toward the benchmark.

Beyond Financing, UCB also expanded its broader sustainability footprint by establishing 36 solar-powered branches, 4 solar-powered ATMs, 3 solar-powered agent outlets and financing 11 green sector projects and launching 21 green products.

These achievements indicate that UCB’s sustainability agenda extends beyond financing into operational transformation and green product innovation.

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