Kerala Tradition & Fascinating Destinations 2014 Kerala Tradition & Destinations 2014 | Page 439

Bank has tailor made products to service the customers in all segments.
We have covered all the villages allotted to us under Financial Inclusion.
Pure 999.9 assay certified Gold coins in various denominations are sold
through selected branches in tie up with State Bank of India. The Bank
has a representative office in Dubai and 8 Relationship Managers all
over Middle East countries. The Bank manages two Exchange Houses – M/
s City Exchange LLC, Dubai and M/s Global Money Exchange Company, Oman.
The Bank manages 13 branches throughout various emirates of UAE and
more than 25 branches in Oman. As of June 2013, our market share in
deposits is 1.25% and in advances is 1.24% of the ASCB level. SBT has a
very large clientele base of Non Resident Indians. The contribution of NRI
segment to the deposits of the Bank is more than 24%. The Bank has
correspondent banking arrangements with 18 Banks worldwide. The Bank
offers a wide spectrum of services to its NRI customers. In order to facilitate
smooth transfer of funds from the Gulf, the Bank has entered into rupee
drawing arrangements with 37 Exchange Houses and one Bank in the Gulf.
More ‘Gold Point’ Branches are opened for the customers to avail speedy
gold loans at ease and convenience as and when needed. Gold Loan
Kiosks are functioning at many branches for availing Gold Loans without
any procedural delays.
UCO Bank
Zonal office, 39/3720 F
S.R. Complex, Ravipuram Road
Kochi - 682 016
Ph: 0484 2356640, 2356641, 2356642
Email: [e-mail]
Web: www.ucobank.com
UCO Bank was established by Mr. G.D Birla, the doyen of Indian Industrial
renaissance, on the 6th of January 1943, as United Commercial Bank with
its Registered and Head Office at Kolkata. Later the Bank was nationalized
by the Government of India on the 19th July 1969 whereupon 100 per cent
ownership was taken over by the government in United Commercial Bank.
The year 1985 opened a new chapter for the Bank as the name of the Bank
changed to UCO BANK by an Act of Parliament. At present, UCO Bank has a
Pan-India presence with more than 2600 branches and 1700 ATMS spread
over all the States and Union Territories of India. We also operate in two
major financial centers, Singapore and Honkong and have our
Correspondents/Agency arrangements all over the world. UCO Bank
undertakes Foreign Exchange Business in more than 50 Centers in India
and has Foreign Exchange Dealing Operations at 4 Centers. The Global
Business of UCO Bank stood at Rs. 3,05,000 crore with a total deposit of Rs.
1,73,431 crore and total advances of Rs. 1,31,569 crores as on 31/03/2012. All
the branches of UCO bank are fully computerized and networked under
Core Banking Solutions. UCO Bank, with years of dedicated service to the
Nation through active financial participation in all segments of the
economy - Agriculture, Industry, Trade & Commerce, Service Sector,
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TRADITION AND DESTINATIONS|BANK