The Bangladesh Investment Development Authority (BIDA) and United Commercial Bank PLC (UCB) have signed a memorandum of understanding to simplify and accelerate banking services for investors. The agreement was confirmed on April 23, 2026, through a press release. Under this initiative, UCB’s services will be integrated into BIDA’s online One Stop Service (OSS) portal, aiming to make financial and administrative processes for foreign investors in Bangladesh faster, easier, and more transparent.

The signing ceremony took place at BIDA’s headquarters, where BIDA Director General Jiban Krishna Saha and UCB Additional Managing Director Adnan Masud signed the memorandum on behalf of their respective organizations. The event was chaired by BIDA Executive Member Air Commodore Md. Shaharul Huda and attended by senior officials from Bangladesh Bank and UCB.

BIDA’s OSS portal currently offers over 50 services, including company registration, utility connections, and import approvals. With UCB’s integration, investors will now be able to access direct banking services and documentation support through the same platform.