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My cash flow in inact.Thanks to union factorsFull fill your child's needs as and when they arise Call and Pay

About Union Bank

Established in 1995, as the 8th indigenous Bank, Union Bank is amongst the top 5 private commercial Banks in Sri Lanka in market capitalisation, offering a full range of products and services to personal and commercial financial sectors.

Delivering a unique value proposition, backed by exceptional service, Union Bank continues to expand its reach across Sri Lanka through a robust channel strategy consisting of an island-wide branch network and alternate channels.

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News & Events

Fitch Upgrades Union Bank of Colombo to 'BB+(lka)'

UB's Fitch core capital ratio rose to 46% at end-3Q14 from 14% at end-2013 after an LKR11.4bn (USD87m) private placement of shares to Culture Financial Holdings Ltd., an affiliate of Texas Pacific Group (TPG) in August 2014. The placement gave TPG a 68% stake in the Sri Lankan bank, which could increase if TPG exercises warrants to invest a further LKR3.4bn within six years. TPG has approval from the Central Bank of Sri Lanka to increase its holding in UB to 75% and reduce it to 15% in 15 years. Read more

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