UCB Investment Ltd named Best Investment Bank in Bangladesh

UCB Investment Limited has once again demonstrated its leadership in the financial sector in 2024 by being recognized as the "Best Investment Bank in Bangladesh" by both the Euromoney Awards for Excellence 2024 and the FinanceAsia Award 2024.

These prestigious accolades mark an extraordinary milestone for UCB Investment, underscoring its unwavering commitment to innovation, excellence and client satisfaction in investment banking.

Celebrating its fourth year of operation, UCB Investment has quickly risen to prominence, setting new benchmarks in Bangladesh's financial markets through its comprehensive and client-focused services, reports BSS.

The dual recognition not only highlights the company's success but also makes its fourth anniversary a momentous occasion, reports BSS.

This is the second consecutive year that UCBIL has achieved these recognitions. UCBIL was also awarded in 2023 as the Best Investment Bank in Bangladesh by both Euromoney and FinanceAsia.

UCBIL's emphasizes sustainable economic growth and client-focused solutions, striving to be a long-term partner to its clients by offering a "beyond service" approach.

With an impressive track record, UCBIL raised approximately Taka 12,000 crore and completed 53 deals by August 2024, a figure unmatched by any other investment bank in Bangladesh.

Sharif Zahir, Chairman of the parent company United Commercial Pank PLC, expressed his delight at the subsidiary's (UCBIL) continued success.

"These recognitions for the second consecutive year reflect the trust and support of the valued client towards the UCB Brand and enforce higher responsibility on UCB as well as all of its subsidiaries," he added.

Tanzim Alamgir, the managing director and CEO of UCB Investment Limited said, "Receiving these peak awards for the second consecutive year reflects our commitment to excellence, innovation and client satisfaction in the investment banking sector."

Further solidifying its industry leadership, UCBIL has received numerous awards from international organizations such as ASIAMONEY and Asset Triple-A between 2021 and 2023.

Since its inception in 2021, UCBIL has also been acknowledged by the Bangladesh Securities and Exchange Commission (BSEC) for its outstanding performance, securing first place in the Merchant Bank category in its inaugural year.