UCB sees sharp rise in deposits, customer base in 2025
United Commercial Bank PLC recorded a landmark achievement in deposit mobilisation in 2025, setting a new benchmark in the country's banking sector at a time of heightened economic and financial challenges.
During the year, UCB registered deposit growth of nearly Tk13,000 crore, up from Tk4,082 crore in 2024. This represents more than a threefold year-on-year increase and the highest deposit growth in the bank's history.
The strong performance was accompanied by significant expansion of UCB's customer base. While 4.11 lakh new accounts were opened in 2024, the figure rose to 6.78 lakh in 2025, reflecting growing customer confidence in the bank's financial strength, service quality and long-term commitment.
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UCB also made notable progress in strengthening financial discipline and risk management. The bank reduced its advance-to-deposit ratio from 91.30% in 2024 to 83% in 2025, indicating improved liquidity management and enhanced financial stability.
To mark the milestone, UCB organised events across its branches and offices nationwide, with employees joining in to celebrate the achievement. The bank expressed gratitude to its depositors, customers, investors, board of directors, employees, regulators, including Bangladesh Bank, and other stakeholders for their continued trust and support.
Sharif Zahir, chairman of UCB, said the deposit growth reflected customers' confidence in the bank. He noted that while the achievement is a source of pride, it also carries responsibility. He added that during the year UCB financed exports worth around USD3.3 billion and a nearly equal volume of imports, demonstrating resilience despite volatility in the dollar market.
Mohammad Mamdudur Rashid, managing director and chief executive officer of UCB, said the achievement reflected the professionalism, integrity and collective commitment of the bank's employees. He added that the bank will continue to focus on customer-centric banking, disciplined risk management and sustainable growth.
UCB said the record performance demonstrates how prudent execution, strong leadership and customer trust can deliver results even in challenging times.
