Fueling future businesses

Mohammad Mamdudur Rashid
Managing Director & CEO
United Commercial Bank PLC (UCB)

UCB is committed to empowering the next generation of MSMEs by blending digital innovation with human trust, ensuring that every entrepreneur in Bangladesh has the financial tools required for sustainable success.

UCB is focusing on financial inclusion, sustainable growth, and innovative credit assessment models. In this interview UCB showcases its commitment to bridging the gap for unbanked businesses and fostering a resilient, future-ready entrepreneurial ecosystem.

The Daily Star (TDS): How is UCB adapting to this year’s theme of MSME Day 2026?

Mohammad Mamdudur Rashid (MMR): We view the future generation as digital and innovation-driven. We are simplifying onboarding, strengthening digital lending, and reducing turnaround time. Our dedicated Digital Innovation Team and association with Upay further expand digital financial services and support emerging entrepreneurs to accelerate digital transformation nationwide.

TDS: How are you expanding collateral-free finance for micro and cottage businesses?

MMR: We address finance challenges through cash-flow based lending and alternative credit assessments. Instead of relying solely on collateral, we evaluate transaction behavior and business performance. This approach helps reach first-time borrowers and unbanked individuals. We offer products up to BDT 4.00, disburseable within one day.

TDS: How do you ensure that rural MSMEs receive equal banking access?

MMR: Financial inclusion across rural areas remains our core priority. We are expanding agent banking and digital channels for remote service delivery. Our “UCB Suchona” program helps first-time entrepreneurs—including unemployed youth and returnee migrants—access financing without prior experience, aiming to unlock entrepreneurial potential throughout Bangladesh.

TDS: What special support do you offer for youth and women entrepreneurs?

MMR: We introduced tailored solutions for women and youth, including flexible repayment structures, simplified documentation, and faster credit decisions. Dedicated relationship support and targeted inclusion programs help women-led enterprises scale. Notably, UCB’s SME export business grew 39%, significantly outperforming the country’s overall export growth.

TDS: How is your bank encouraging green and environmentally responsible financing?

MMR: UCB is integrating sustainability into MSME financing, supporting renewable energy and energy efficiency. ESG considerations are increasingly embedded in our approach. By encouraging sustainable business models, we help entrepreneurs strengthen long-term competitiveness while contributing to national goals. Our CMSME portfolio stands at BDT 7,259 crore.