UCB signs two MoUs with Asset Developments & Holdings Limited

United Commercial Bank PLC recently signed two Memoranda of Understanding (MoUs) with Asset Developments & Holdings Limited, says a press release Thursday.

As per the payroll agreement, employees of Asset Developments & Holdings Limited will enjoy Exclusive Corporate Executive Package (Payroll Banking Solutions) from UCB.

On the other hand, as per the home loan agreement, UCB home loans will be offered to the customers of Asset Developments & Holdings Limited, with attractive rates and benefits. In addition, UCB home loan customers will be able to avail of preferential benefits from Asset Developments & Holdings Limited in terms of apartment purchases.

Mr Arif Quadri, Managing Director & CEO of UCB and Mr Salim Akhter Khan, Chairman & President of Asset Developments & Holdings Limited signed the agreement on behalf of their respective organisations at UCB Corporate Head Office in Dhaka.

Mr A T M Tahmiduzzaman FCS, Deputy Managing Director & Company Secretary, Mr N Mustafa Tarek, Deputy Managing Director, Mr Mohammad Shafiqur Rahman, SEVP & Head of Retail Business Division, Mr Abul Kalam Azad, EVP & Head of Brand Marketing and Corporate Affairs from UCB and Mr Ghulam Rasool, Managing Director & CEO, Mr Mohammed Qumruzzaman, Director, Corporate Finance, Mr Bahauddin Mia, Director, Corporate Affairs from Asset Developments & Holdings Limited, along with other senior officials of both organisations were present in the signing ceremony.