Uttara Bank PLC Commercial and Financial Services

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Top view of scattered ten taka Bangladeshi banknotes illustrating currency abundance.
Credit: pexels.com, Top view of scattered ten taka Bangladeshi banknotes illustrating currency abundance.

Uttara Bank PLC offers a wide range of commercial and financial services to its customers. The bank provides loans and advances to individuals and businesses, helping them to meet their financial needs.

The bank's loan products include term loans, working capital loans, and overdraft facilities. These loans are designed to help customers achieve their financial goals, whether it's to invest in a business or to cover unexpected expenses.

Uttara Bank PLC also provides cash management services, including cash collection and disbursement, and account management services. These services help businesses to manage their finances efficiently and effectively.

The bank's financial services include deposit accounts, such as current and savings accounts, as well as remittance services. These services enable customers to deposit and withdraw funds easily and quickly.

Management

The management team at Uttara Bank PLC is made up of experienced professionals who have been with the bank for many years. Mohammed Rabiul Hossain has been the CEO since 2015.

Mohammed Rabiul Hossain is 64 years old and has been with the bank since 2015. Mohammad Golam Mustafa has been the Director of Finance/CFO since 2010, but his age is not publicly available.

Mohammad Mazumder is 77 years old and joined the bank as a Corporate Officer/Principal in 2023.

Structure

Credit: youtube.com, Organizational Structure

Uttara Bank PLC has a robust structure in place, with 245 branches and 28 sub-branches across Bangladesh.

The bank operates through 12 zones, each covering a different region of the country, ensuring that its services are accessible to a wide range of customers.

Its Head Office is located in a 18-storied building at 90, Motijheel C/A, the commercial center of Dhaka.

The bank has a strong presence online, with multiple online branches and authorized dealer branches.

Here is a list of the bank's Board of Directors:

The bank is affiliated with nearly 600 financial institutions worldwide, further expanding its reach and services.

Managers:

Managers play a crucial role in shaping the direction and success of an organization. They are responsible for making key decisions, setting strategies, and overseeing day-to-day operations.

Mohammed Rabiul Hossain has been the CEO of Uttara Bank PLC since 2015. He has been in the position for over 8 years, bringing his expertise and leadership skills to the role.

Credit: youtube.com, 10 Management Skills Every Manager Should Have

The age of the managers varies, with Mohammed Rabiul Hossain being 64 years old. On the other hand, some managers' ages are not disclosed in the public records, such as Mohammad Golam Mustafa and Mohammed Rafiul Islam.

Mohammad Mazumder is 77 years old and has been in his position since 2023. His extensive experience and knowledge have been valuable assets to the organization.

Here is a list of the managers with their titles and ages:

The tenure of the managers also varies, with some having been in their positions for over a decade. For example, Mohammad Golam Mustafa has been in his role since 2010, while Mohammed Rafiul Islam has been in his position since 2008.

Having a diverse and experienced team of managers is essential for the success of any organization.

Commercial

When managing commercial banks, it's essential to keep an eye on their performance. The 5-day change in UTTARA BANK PLC is +0.80%.

Credit: youtube.com, Run your Business Smoothly with Commercial Management.

The average 5-day change among commercial banks is +0.16%. This suggests that the overall performance of commercial banks is relatively stable.

UTTARA BANK PLC has seen a significant 1-year change of +2.45%, making it one of the top performers. In contrast, PT BANK CENTRAL ASIA TBK has experienced a -2.41% change over the same period.

The 3-year change in INDUSTRIAL BANK CO., LTD. is -3.59%, indicating a decline in its performance over time. However, ANZ GROUP HOLDINGS LIMITED has seen a +12.50% change, making it a notable exception.

Here's a breakdown of the 5-day change in the top 5 commercial banks:

The weighted average 5-day change among commercial banks is -0.08%. This suggests that the overall performance of commercial banks is slightly negative.

Financial Information

Uttara Bank PLC. has its financial information closely tied to the stock market, specifically equities.

The bank's financial performance is reflected in its income statement, which provides a snapshot of the company's financial health.

Credit: youtube.com, Corporate Social Responsibility | Uttara Bank PLC

Stock market performance can impact the bank's stock prices, affecting its value and investor confidence.

Equities are a key component of the bank's financial portfolio, and its stock is listed under the ticker symbol UTTARABANK.

The company's financial information is publicly available, providing transparency and accountability to its stakeholders.

Here's a brief overview of the bank's financial information:

Frequently Asked Questions

What is the new name of Uttara Bank?

Uttara Bank is now known as Uttara Bank PLC. The bank rebranded on July 3, 2023, to reflect its growth and expansion.

Who is the CEO of Uttara Bank?

The CEO of Uttara Bank is Mr. Mohammed Rabiul Hossain, who also serves as the Managing Director. He oversees the bank's operations and strategic direction.

What is the rating of Uttara Bank?

Uttara Bank's long-term rating is "AA" (Double A) and its short-term rating is "ST-2" as of 2023, according to Emerging Credit Rating Limited.

Kellie Hessel

Junior Writer

Kellie Hessel is a rising star in the world of journalism, with a passion for uncovering the stories that shape our world. With a keen eye for detail and a knack for storytelling, Kellie has established herself as a go-to writer for industry insights and expert analysis. Kellie's areas of expertise include the insurance industry, where she has developed a deep understanding of the complex issues and trends that impact businesses and individuals alike.

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