With a view to increasing customer confidence and more strengthening the bank’s finance, Union Bank PLC. has undertaken various programs to recover defaulted investments. As a part of that on 07 January, 2025, executives and officers at various levels of the bank’s head office and branches held a sit-in program in front of defaulting customer Mr. Mohammad Razzakul Hossen, Managing Director of Ranka Denim Textile Mills Ltd., Ranka Shoel Composite Textile Mills Ltd., Root Trading Corporation Ltd. and Root Apparels Ltd. (Root Group) office as a part of social movement to get return bank’s dues about Tk.796.36 crore only.
Union Bank sit-in program for recovery of defaulted investment
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