Muhammed Ali

United Commercial Bank Ltd (UCB) will begin mobile banking this month.

"We are going to launch this state-of-the-art technology in the third week of this month (December) aiming to broaden our efforts on financial inclusion," the newly-appointed Managing Director of UCB Muhammed Ali told the FE in an interview recently.

He said he is quite upbeat to consolidate the UCB's position in the banking sector of the country through delivering 'professionally sound and competent services' for the growing number of clients of the bank.

" As a new comer, I am taking the stocks of everything in my new working zone and after assessing the situation, I will adopt my strategy in compliance with the rules and regulations of the banking sector," Mr Ali said.

"I don't believe in short-term gain, rather I do believe in sustainable businesses accomplished on the basis of good governance and diversified pools of services," he added.

Putting a thrust on developing the bank's human resources (HR), he said there remains lot of scope to upgrade the bank's position through utilising the talents.

The MD said that adoption of various IT-enabled services will give the bank lucrative dividends.

"The adoption of modern IT-enabled services made us a real-time online bank and we are optimistic to go further to strengthen UCB's contribution to the development of rural economy through performing better in the SME financing," Mr Ali said.

"The bank is also trying to focus on green banking considering the effect of climate change. Now we only approve projects having the environment-friendly provisions considering the protection of humanity from pollution," the UCB MD said.

"As part of green banking we are trying to operate a branch using solar energy and also making aware the customers avoiding paper-based banking, Mr Ali also said.

News: The Daily Financial Express/Bangladesh/9th-Dec-12