Uttara Bank Plc (Bangladesh)

Uttara Bank PLC. is a large private bank located in Dhaka, Bangladesh. It operates through 245 fully online branches and 28 sub-branches, providing fast and efficient services to its clients. The bank has 397 correspondents worldwide and employs 4003 people. The Board of Directors consists of 15 members, and the bank is headed by the Managing Director, who serves as the Chief Executive Officer. The bank's headquarters is situated in its own 18-story building in the Motijheel Commercial Area of Dhaka. Uttara Bank PLC. has a rich history, celebrating its 50th anniversary of banking services in 2015. It was established in 1965 as the "Eastern Banking Corporation" with the aim of assisting the disadvantaged people of East Pakistan. After nationalization and renaming in 1972, it became "Uttara Bank" and resumed operations. In 1983, it was privatized and became "Uttara Bank Limited," eventually growing to become one of the largest private sector banks in Bangladesh. In 2023, it changed its name to "Uttara Bank PLC." The bank is known for its strong financial performance and is currently ranked as the most trusted bank in Bangladesh. Uttara Bank PLC. has a wide network of branches and sub-branches, all connected online. It focuses on seizing market opportunities and expanding its customer base through rural and SME financing, as well as offshore banking facilities. The bank also offers alternative delivery services such as SMS banking, internet banking, and a large number of ATMs. Additionally, the bank encourages its employees to participate in corporate social responsibility programs and support distressed communities. Its main objective is to provide service to all people and contribute to the nation's development.