1

Assignment
on
Uttara Bank Limited
Submitted To:
Jannatul Ferdous
Assistant Professor
Department of Business Administration
Prime University

Submitted By:
Sharmin Sultana (Rimi)
Batch: 49th
Dept: Business Administration
ID: 183020101018
Prime University

Submission Date: 12/07/2020

 2

History of Uttara Bank:

Uttara Bank Limited (UBL) was established in 1965
with the head office located at Motijheel in Dhaka, East
Pakistan as a scheduled bank of the Eastern Banking
Corporation. After the liberation war of Bangladesh, the
bank was nationalized under Bangladesh Banks
(Nationalization) Order 1972 and renamed it Uttara
Bank.[4] In 1983, it became the first privatized bank of
Bangladesh.

Key Person:
Mr.Ajharul Islam (chairman).
Mr.Iftekharul Islam (vice-chairman).
Mr. Muhammad Rabiul Hossain
(Managing Director and CEO).

Structure:
Uttara Bank Limited has 239 branches in Bangladesh.
The bank's internal and external operational activities is
operated by twelve zones in different regions of the
 3

country. It operates through a number of online branches

and authorised dealer branches. It is also affiliated with
nearly 600 financial institutions worldwide. The Board
of Directors consists of 13 members. The Head Office is
located at Bank's own 18
storied building at 90, Motijheel C/A, the commercial
center of the capital, Dhaka.

The Board of Directors:

Mr.Iftekharul Islam (Vice Chairman)
Mr.Ajharul Islam (Chairman)
Mrs.Badrunnessa Sharmin (Director)
Nominated by Wealth Max Asset Management Limited.
Mr.Arif Rahman (Director)
Mr.Md Kamal Akhtar (Independent Director)
Mr.Asif Rahman (Director)
Kazi Masudur Rageb (Director)
Mr.waliul huq khandkar (Independent Director)
Col.Engr.M.S Kamal (Director)
Nominated by Blue Sky Asset Management Limited.
Mr.wasiful huq (Director)
 4

Nominated by Sadharan Biman Corporation.

Mr.shaikh Abdul Aziz (Director)
Nominated by Sunflower Asset Management Limited.
Mr.Abul Bark Alvi (Director)
Nominated by Corporate Strategic Capital Limited.
Mr.Md Shahiduzzaman (Director)
Nominated by Smart Corporate Solution Limited.
Mr. Muhammad Rabiul Hossain
(Managing Director and Chief Executive Officer)

The services of Uttara Bank:

• International Division
• Risk Management Department
• Treasury Service
• AD Branches
• Foreign Currency Account
• NFCD Account
• RFCD Account
• Standard Settlement Instructions
• Off-Share Banking Unit
• Exchange Rate
 5

The Mission of Bank:

To be the premier financial institution in the country
providing high quality products and services backed by
latest technology and a team of highly motivated
personnel to deliver Excellence in Banking.

The Loan Products:

❖Uttaran Small Business Loan (USBL)
❖Nari Swanirbor Rin Prokolpo (NSRP)
❖Uttaran SME Sector Development Project Loan
(USSDPL)
❖House Hold Durables
❖Uttaran House Repairing Loan
❖House Finance for Freedom Fighters
❖Travel Loan
❖Marriage Loan
❖Education Loan
❖Working Capital Loan
❖Trade Finance
❖Doctor’s Loan
❖Uttaran Home Loan
❖Car/Motorcycle Loan
❖Green Financing
❖Agricultural Credit
 6

❖Lease Finance
❖Fixed Term Loan to Enterprise

Objective and Goal of UBL:

• The objectives of UBL is not only to earn profit but
also to keep the social commitment and to ensure its
co-operation to the person of all level, to the
businessman, industrialist-specially who are
engaged in establishing large scale industry by
consortium and the agro-based export oriented
medium and small scale by self inspiration.
• UBL is always ready to maintain the quality of
services by upgrading banking technology prudence
in management and by applying high standard of
business ethic through its established commitment
and heritage.
• UBL is committed to ensure its contribution to
national economy by increasing its profitability
through professional and disciplined growth
strategy for its customer and by creating corporate
culture in international banking arena.