UCB's clarification on 'limited access to the regulator'
The United Commercial Bank (UCB) issued a clarification regarding a recent TBS report titled "How UCB, IFIC and Islami Bank win back depositors", published on 20 November 2025, which highlighted the sector's recent deposit growth and the renewed confidence of customers and investors in a constructive manner.
However, a specific part of the report that suggested "limited access to the regulator" may unintentionally create the impression that this reflects UCB's view or experience. This does not represent UCB's position.
For clarity and fairness, UCB states the following:
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UCB has consistently received timely access, cooperation, and guidance from the Bangladesh Securities and Exchange Commission (BSEC). At no point have we experienced difficulty in securing meetings or engaging with the regulator on matters requiring consultation.
The statement included in the report was neither provided by UCB nor based on UCB's interactions with the BSEC.
We hold the role of regulatory authorities – including BSEC – in high regard.
