UCB launches ‘UCB One’ digital banking platform

United Commercial Bank PLC (UCB) has launched its new integrated digital banking platform, titled “UCB One”, aimed at providing a wide range of banking services quickly and conveniently.

Rashed Al Mahmud Titumir, adviser to the prime minister on finance and planning, inaugurated the platform as the chief guest at a ceremony held at Pan Pacific Sonargaon Dhaka yesterday, according to a press release.

At the event, Titumir welcomed “UCB One” and said, “The government is considering various initiatives to address structural challenges within the banking sector. Among these, a key focus is the full digitalisation of the financial system and ensuring that every citizen has a bank account.”

“This will help eliminate irregularities and improve transparency while establishing an inclusive financial system. I seek the cooperation of all banks in this regard,” he added.

The platform enables users to simplify their daily lives through shopping, bookings, utility bill payments and access to various offers.

In his remarks, Sharif Zahir, chairman of UCB, said, “UCB has shown consistent improvement over the last two years as a result of ensuring good governance, transparency and discipline. We are working to strengthen inclusive and cashless banking, as digital systems represent the future of the banking sector. The launch of this app marks the beginning of our journey toward that goal.”

Mohammad Mamdudur Rashid, managing director and CEO of UCB, said, “This is not just a new app. By integrating all services, we aim to provide better service to our customers. It will be highly suitable for young and tech-savvy users and will play a vital role in strengthening the country’s cashless transaction system.”

Mohammad Mamdudur Rashid, managing director and CEO of the bank, and Md Abdullah Al Mamoon, deputy managing director and chief operating officer, along with policymakers, business leaders, stakeholders and senior bank officials, were also present.