United Commercial Bank signs MoU with CCC

United Commercial Bank PLC (UCB) and Chattogram City Corporation (CCC) have entered into a memorandum of understanding (MoU), marking the commencement of a series of collaborative initiatives aimed at fostering a greener Chattogram.

In accordance with the MoU, the long-abandoned playground adjacent to Karnaphuli Shishu Park in Agrabad is set to be transformed into a modern, child-friendly recreational centre, equipped with contemporary facilities to serve the community.

Sheikh Muhammad Tauhidul Islam, chief executive officer of CCC, and Mohammad Mamdudur Rashid, managing director and CEO of UCB, signed the MoU at the bank's head office in Dhaka recently, according to a press release.

During the event, Rashid reiterated UCB's steadfast commitment to impactful corporate social responsibility (CSR) initiatives, underscoring the bank's role in supporting sustainable community development.

Sahadat Hossain, mayor of the CCC, and Sharif Zahir, chairman of UCB, also attended the ceremony.

The CCC mayor praised UCB's sustained engagement in promoting an environmentally conscious and greener Chattogram, describing the bank's efforts as truly laudable.

In a city of nearly seven million inhabitants, access to playgrounds and recreational areas is vital for the physical and mental development of children and adolescents. However, the relentless pace of urbanisation has led to a marked decline in the availability of such open spaces.

In response to this pressing challenge, CCC and UCB have jointly undertaken this important initiative to revitalise neglected public spaces for communal benefit.

With over four decades of excellence not only in financial services but also in corporate social responsibility and sustainable development, UCB is proud to provide financial backing for this commendable endeavour.

Senior officials from both institutions were also in attendance at the event.