In 2024, UCB Investment Ltd. has once again demonstrated its leadership in the financial sector 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 4th year of operation, UCB Investment has quickly risen to prominence, setting new benchmarks in Bangladesh’s financial markets through its comprehensive, client-focused services. The dual recognition not only highlights the company’s success but also makes its fourth anniversary a momentous occasion. These achievements further solidify UCB Investment’s position as a key player in driving sustainable economic growth and advancing Bangladesh’s financial landscape. 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 holistic, 360-degree investment banking services range from financing through Fixed Income Securities, Syndication, and Issue Management to Merger & Acquisition, Portfolio Management, and Corporate Advisory. In addition, it 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 BDT 12,000 crore and completed 53 deals by August 2024, a figure unmatched by any other investment bank in Bangladesh. One of the remarkable contributions of UCBIL towards the market is that it was the issue manager of 08 corporate bonds on the DSE Main Board out of total 16 listed bonds, which covers 50% of the market till date.
Mr. Sharif Zahir, the 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 enforces higher responsibility on UCB as well as all of its subsidiaries. I appreciate the consistent hard work and dedication of the entire team of UCBIL. We are grateful for the trust our clients have placed in us. We will continue to strive for excellence and contribute to the growth and development of Bangladesh’s financial markets.”
Mr. Tanzim Alamgir, the Managing Director and CEO of UCB Investment Limited, expressed his pride and gratitude for this achievement:
“Receiving these peak awards for the second consecutive year reflects our commitment to excellence, innovation, and client satisfaction in the investment banking sector. I believe it will increase our responsibilities further, encouraging our team members to uphold their integrity and tireless efforts. We are also thankful to our clients for placing their trust in us.”
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. This recognition reaffirms the company’s commitment to driving growth and excellence within the country’s financial sector.