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FRIDAY, JULY 18, 2025
United Commercial Bank and DMTCL sign agreement

Corporates

Press Release
11 March, 2025, 01:10 pm
Last modified: 11 March, 2025, 01:20 pm

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United Commercial Bank and DMTCL sign agreement

Press Release
11 March, 2025, 01:10 pm
Last modified: 11 March, 2025, 01:20 pm
United Commercial Bank and DMTCL sign agreement

A significant agreement was signed between United Commercial Bank PLC (UCB), one of the country's leading financial institutions, and Dhaka Mass Transit Company Limited (DMTCL) at the Metro Rail Building in the capital.

Under this agreement, Cash Recycling Machines (CRM) and ATMs will be installed at various Metro Rail stations, making financial transactions more accessible for Metro Rail passengers.
This initiative will allow Metro Rail passengers to conduct essential financial transactions during their daily commutes or after completing their daily activities. It will ensure time-saving and uninterrupted banking services for passengers.

DMTCL's Managing Director Faruque Ahmed, Director (Administration) Secretary A K M Khairul Alam, Joint Secretary and Company Secretary Khondker Ehteshamul Kabir, and other senior officials attended the signing ceremony. From United Commercial Bank PLC, Managing Director and CEO Mohammad Mamdudur Rashid, Deputy Managing Director Abdullah Al Mamoon, Head of Retail Business Division Mohammad Shafiqur Rahman, and other senior executives were present.

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On behalf of DMTCL, Joint Secretary and Company Secretary Khondaker Ehteshamul Kabir, and behalf of United Commercial Bank PLC, Head of Retail Business Division Mohammad Shafiqur Rahman, signed the agreement.
United Commercial Bank PLC's Managing Director and CEO, Mohammad Mamdudur Rashid, stated, "By installing CRM and ATMs at Metro Rail stations, we aim to make financial services more convenient and accessible for passengers. This initiative will expand our customer service reach."

Both parties are optimistic that this agreement will add a new dimension to financial services in Bangladesh's public transport sector and play a crucial role in promoting digital banking facilities.
 

UCB / TBS / Corporate

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