BSS
  14 Sep 2024, 17:22
Update : 14 Sep 2024, 17:29

UCB Investment Ltd named Best Investment Bank in Bangladesh

DHAKA, Sept 14, 2024 (BSS) - UCB Investment Limited has once again 
demonstrated its leadership in the financial sector in 2024 by being 
recognized as the "Best Investment Bank in Bangladesh" by both the Euromoney 
Awards for Excellence 2024 and the FinanceAsia Award 2024.
 
These prestigious accolades mark an extraordinary milestone for UCB 
Investment, underscoring its unwavering commitment to innovation, excellence 
and client satisfaction in investment banking.
 
Celebrating its fourth year of operation, UCB Investment has quickly risen to 
prominence, setting new benchmarks in Bangladesh's financial markets through 
its comprehensive and client-focused services, said a press release here 
today.
 
The dual recognition not only highlights the company's success but also makes 
its fourth anniversary a momentous occasion.
 
This is the second consecutive year that UCBIL has achieved these 
recognitions. UCBIL was also awarded in 2023 as the Best Investment Bank in 
Bangladesh by both Euromoney and FinanceAsia.

UCBIL's emphasizes sustainable economic growth and client-focused solutions, 
striving to be a long-term partner to its clients by offering a "beyond 
service" approach.
 
With an impressive track record, UCBIL raised approximately Taka 12,000 crore 
and completed 53 deals by August 2024, a figure unmatched by any other 
investment bank in Bangladesh.
 
Sharif Zahir, Chairman of the parent company United Commercial Pank PLC, 
expressed his delight at the subsidiary's (UCBIL) continued success.
 
"These recognitions for the second consecutive year reflect the trust and 
support of the valued client towards the UCB Brand and enforce higher 
responsibility on UCB as well as all of its subsidiaries," he added.

Tanzim Alamgir, the managing director and CEO of UCB Investment Limited said, 
"Receiving these peak awards for the second consecutive year reflects our 
commitment to excellence, innovation and client satisfaction in the 
investment banking sector." 

Further solidifying its industry leadership, UCBIL has received numerous 
awards from international organizations such as ASIAMONEY and Asset Triple-A 
between 2021 and 2023.
 
Since its inception in 2021, UCBIL has also been acknowledged by the 
Bangladesh Securities and Exchange Commission (BSEC) for its outstanding 
performance, securing first place in the Merchant Bank category in its 
inaugural year.