An Overview and Comparative performance Analysis of United Commercial Bank Ltd.

Abstract

The United Commercial Bank Limited has been incorporated it’s banking operation 13 November 1983. The bank operates as a scheduled bank under a banking license issued by Bangladesh Bank, the central Bank of the country. At present it is categorized as Grade-C private commercial bank in Bangladesh in terms of efficiency, capital adequacy, asset quality, sound management and profitability having strong liquidity. The general banking services of United Commercial Bank Ltd. satisfactory for customers and customers also deals with full trust and utmost pleasure. The main service of UCBL are UCB multi Millionaire, UCB Money Maximizer, UCB earning Plus, UCB DPS Plus, Western Union Money Transfer, Online Service Credit Card. Moreover, a wide range of foreign exchange rate are used in United Commercial Bank Ltd. provides greater flexibility for customers while conducting transactions. It also gradually is focusing on small and Medium Enterprise considering the customers need. The credit risk management of the bank is quiet conscious and credit allocation is set up by the Head Office Credit Committee. Less than 15Lac (Tk) credits can be authorized by the Head of the branch. But every proposal must be analysis by Head Office and strictly maintain the rules of credit approval in this regards. But for the further improvements, the management should more emphasizes on bringing latest technologies like SMS banking, internet banking services with more smooth online banking. The ATM both services must have to increase for become more competitive. The Bank can try to adopt all the latest facilities to boost their remittance business. Frequent marketing research is important for serving more to the customers. In 2008 the comparative analysis Ratio among the Banks about Return on asset AFBL was top, SIBL was 2nd, UCBL was 3rd and CBL was 4th. About return on equity SIBL was 1st, AFBL was 2nd, UCBL was 3rd and CBL was 4th. For deposit per branch SIBL was top, CBL was 2nd, UCBL was 3rd and AFBL was 4th.