UCO Bank (UCOBANK.BO)
UCO Bank operates in the Banks - Regional industry of the Financial Services sector, headquartered in Kolkata, WB, IN. The stock last traded at $26.18, up 0.23% on the session, giving a market capitalisation of $330.03B. Its beta of 0.71 implies it has historically moved less than the broad market.
UCO Bank delivers a full spectrum of banking and financial services, operating across India and on an international scale. Its deposit offerings include current, savings, salary, fixed, recurring, foreign currency, and fee collection accounts. The bank extends diverse lending solutions such as agricultural, home, education, gold, personal, vehicle, and mortgage loans. It also provides financing for micro and small enterprises, working capital, term loans, infrastructure projects, and general agriculture credit. In addition to core banking, UCO Bank supplies life, health, and general insurance products, credit and debit cards, and internet banking facilities. Its international banking arm facilitates NRI services, foreign currency loans, trade finance for exporters and importers, remittances, forex and treasury operations, resident foreign currency deposits, and correspondent banking. These global services cater to Indian citizens and corporations, Non-Resident Indians (NRIs), overseas corporate bodies, foreign companies, individuals, and foreign banks. The bank further manages government deposit schemes/bonds, pension payouts, and tax collection. It also engages in merchant banking and mutual fund services. Founded in 1943 and based in Kolkata, India, the institution adopted the name UCO Bank in December 1985, having previously been known as The United Commercial Bank Ltd.
UCO Bank is most often compared with the following Financial Services names: