Full Form of UCO BANK:
United Commercial Bank
UCO BANK Full Form is United Commercial Bank. UCO Bank is an Indian public sector bank that is owned by the central government. It is one of the most notable, major, and renowned banks in India. Founded in 1943 and headquartered in Kolkata, UCO Bank was established with the target to manage Indian capital by an Indian bank. Ghanshyam Das Birla was the first chairman of this bank. The bank started its journey with a capital of 3 crores Rupees and 14 branches in India. Now, UCO Bank has 4000 branches and almost the same number of ATM counters across India.
This bank provides services and products in private, corporate, consumer, investment, rural, SME banking, management of wealth, mortgages, loans etc. It supervises its operations through 10 circle offices and 49 zonal offices established across the country. It is involved in overseas business too. UCO Bank has 4 branches in Hong Kong and Singapore. Earlier it had overseas branches in 3 more locations namely Myanmar, Malaysia, and London. It also has representative offices in China and Myanmar. UCO Bank heavily concentrates on the specialization of its employees.
Both new and existing employees are trained for developing their skills in 7 training institutes across India. These colleges are located in Kolkata, Chennai, Ahmedabad, Chandigarh, Bhopal, Jaipur, and Bhubaneswar. UCO Bank also provides advanced e-banking, and m-banking facilities.