UCB, Asset Developments trade services
United Commercial Bank (UCB) and the Asset Developments & Holdings have signed two memoranda of understanding (MoUs) recently over payroll services for the developer's employees and preferential benefits on flat purchases by the lender's employees.
Arif Quadri, managing director of the UCB, and Salim Akhter Khan, chairman of the developer, inked the deals at the former's corporate head office in Dhaka, said a press release.
ATM Tahmiduzzaman and N Mustafa Tarek, deputy managing directors of the bank, Mohammad Shafiqur Rahman, senior executive vice-president, Abul Kalam Azad, executive vice-president, Ghulam Rasool, managing director of the developer, and Mohammed Qumruzzaman and Bahauddin Mia, directors, were present.
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