UCBL receives \\\'Best Emerging Markets Bank 2014\\\' award

Renowned international finance magazine Global Finance awarded United Commercial Bank Limited (UCBL) as 'Best Emerging Markets Bank 2014' of Bangladesh. Global Finance authority organised the award event on 11 October 2014 at National Press Club, Washington DC, USA at IMF/World bank annual meeting, said a press release.
The award to UCBL as best emerging markets bank 2014 of Bangladesh was handed over to Mr Muhammed Ali, Managing Director of the bank. Around 150 CEOs of prominent banks worldwide and 20 high officials of various central banks of the world were present at the award giving event.  
The editorial panel of Global Finance magazine has named 30 world's best emerging markets banks in Asia-Pacific region through an exclusive survey.
Along with the UCBL in Bangladesh many other banks in the Asia pacific region like HDFC Bank in India, Commercial Bank of Ceylon in Sri Lanka, Bank Central Asia in Indonesia, Siam Commercial Bank in Thailand and many others have also been awarded.
Global Finance editors with input from industry analysts, corporate executives and banking consultants selected the best emerging markets bank in the region. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing and innovative products. In addition, for the first time, a poll of Global Finance's corporate readership was conducted in order to increase the accuracy and reliability of the results.
And through all these parameters, United Commercial Bank Limited has been awarded as the best emerging markets bank 2014 in Bangladesh for Asia Pacific region.