UCB Investment, Rupali Investment host capital market stakeholders meet

UCB Investment Ltd and Rupali Investment Ltd jointly organized the ‘Capital Market Stakeholders Meet - Unlock Possibilities in the Next Chapter of Progress’ at The Westin Dhaka recently, bringing together key capital market stakeholders, investors and other market participants.

The discussion focused on Bangladesh’s economy and the role of the capital market in supporting the country’s next chapter of growth. Participants discussed recent regulatory initiatives and practical reforms being introduced by the current leadership of the Bangladesh Securities and Exchange Commission (BSEC) to help create a more supportive environment for the development of the country’s capital market, says a press release. 

The event featured speeches by United Commercial Bank PLC (UCB) Chief Executive Officer Mohammad Mamdudur Rashid; Rupali Investment Limited Chairman and Rupali Bank PLC Managing Director Kazi Md. Wahidul Islam; Rupali Investment Limited Chief Executive Officer Md. Fokhrul Hasan; Dhaka Stock Exchange PLC Director Minhaz Mannan Emon; and UCB Investment Limited Managing Director and Chief Executive Officer Tanzim Alamgir.

UCB Chief Executive Officer Mohammad Mamdudur Rashid said, “Over the past two years, we have placed particular emphasis on strengthening the bank’s liquidity, loan management and recovery efforts, as well as its overall financial capacity. As a result, the bank is now firmly moving from stability towards sustainable growth. Our ongoing rights share issue will further strengthen the bank’s capital base and enhance its capacity for future growth. In this journey, the confidence and participation of our shareholders and capital market stakeholders are extremely important to UCB.”

Kazi Md. Wahidul Islam, Chairman of Rupali Investment Limited and Managing Director of Rupali Bank PLC, said, “United Commercial Bank’s recent turnaround journey is a notable example in the country’s banking sector. Strong leadership, timely decision-making, and clear strategic direction have played a significant role in driving this progress. Rupali Bank and Rupali Investment will continue to stand alongside UCB as partners in this journey and work together in the broader interest of the country’s economy.”