UCB Investment Ltd (UCBIL), a wholly owned subsidiary of United Commercial Bank PLC, has achieved six prestigious awards at the FinanceAsia Achievement Awards 2024 held recently, says a press release.
This includes two Best House Awards in the Asia Pacific region, encompassing globally significant markets such as Japan, South Korea, Taiwan, India, and more, as well as four Best Deal Awards in South Asia, covering key financial hubs like India, Pakistan, Sri Lanka, and Bangladesh. This historic achievement underscores UCBIL's consistent performance in its journey towards becoming a global investment bank.
UCB Investment won the two "House" Awards: Best Islamic Finance House (Winner) and Best Project Finance House (Winner). UCB Investment won the three "Best Deal" Awards, among all the deals in South Asia, which are Best IPO (Winner), Best Islamic Finance Deal (Winner), Best Private Equity Deal (Winner), and Highly Commended at Best Syndicated Loan Deal category. These accomplishments are a testament to UCBIL's exceptional ability to deliver results, solidifying its leadership position not just locally but also internationally in the financial landscape.
This latest triumph builds on a remarkable track record of accolades that mark UCBIL's rise to prominence. In 2022, UCBIL won 1st Prize in the Merchant Bank category from the Bangladesh Securities and Exchange Commission (BSEC). The firm then achieved international acclaim in 2023 and 2024, being recognized as the Best Investment Bank by both Euromoney and FinanceAsia. Additionally, in 2024, Euromoney also awarded UCBIL as the Best Securities House in Bangladesh, reflecting its leadership across the capital market sector. UCBIL's growing reputation is further paved by numerous accolades from ASIAMONEY, Asset Triple A, and other prestigious organizations.
Tanzim Alamgir, Founding Managing Director and CEO of UCB Investment Limited, expressed his gratitude for this monumental success, "To be acknowledged in multiple categories - from IPOs to project finance - highlights the strength of our comprehensive 360-degree services and it shows just how far we've come. Our success is a reflection of the trust our clients place in us and the continuous support of our stakeholders."
Mohammad Mamdudur Rashid, Managing Director and CEO of United Commercial Bank PLC (UCB PLC), expressed his admiration stating, "This monumental achievement of securing six international awards is a testament to our team's unwavering dedication and excellence. It reflects our commitment to delivering quality service, driving innovation, and advancing Bangladesh's financial markets while creating meaningful impacts locally and globally."
