Established in 1995 Union Bank is a strong player in the Banking sector in Sri Lanka with over 30 years of service to the Nation. Well capitalised, with a solid financial standing Union Bank is a listed private commercial bank offering financial solutions to the Retail, SME and Corporate segments.
Union Bank is synonymous with progressiveness and potential for growth and is an entity that has attracted global and local investors.
2014 marked a key milestone in the Financial Services Industry in Sri Lanka with an investment of USD 117 Mn in Union Bank by the global investment company TPG making it one of the largest foreign direct investments to Sri Lanka.
With expansion and progress, the Bank garnered the attention of CG Capital Partners Pte Ltd, an affiliate company of CG Corp Global which indirectly acquired the majority shareholding of Union Bank since October 2023. CG Corp Global is a multi-business conglomerate synonymous as a Global Growth Company in Asia and is the largest shareholder of Nabil Bank, the largest private bank of Nepal. www.cgcorpglobal.com
The Bank has implemented a cohesive plan for accelerated growth with substantial innovations and developments to its product offering, technological and delivery platforms to provide a superior banking experience to its customers. With 63 branches island-wide supplemented by alternate channels that include a dynamic sales force, a 24- hour call centre, digital banking platforms and an island-wide ATM network the Bank provides convenient access to financial services.
Union Bank’s subsidiaries include National Asset Management Limited, Sri Lanka’s premier Asset Management company and UB Finance Company Limited.
56Branches
105ATM’s/CRM’s
One of the largest foreign investments in Sri Lanka
Year 2014, marks significance for Union Bank with TPG the US based global investment firm with $100Bn in capital under management acquiring 70% equity in the Bank. This investment marked a milestone in the financial services industry as one the largest foreign direct investments to Sri Lanka.
Union Bank’s growth is further augmented with its strategic diversifications and its subsidiaries include National Asset Management Limited, Sri Lanka’s premier Asset Management Company and UB Finance Company Limited. Supported by the strength of a global giant, Union Bank has etched for its self a solid foundation of financial stability backed with international know-how and best practices and is rapidly progressing as one of Sri Lanka’s fastest growing Financial Services Groups.
Vision
Union Bank aims to be a leading force in the financial services sector, becoming one of the top five banks in Sri Lanka by 2029.
Mission
At Union Bank, we’re dedicated to providing financial solutions that drive wealth, growth, and security through innovative products and digital solutions. With a focus on transparency, ethics, and customer-first service approach, we offer commercial banking, retail banking, investment and wealth management, and other value added services to transform lives and businesses.
Our Values
- We are customer-centric, always putting our customers first.
- We are committed to service excellence, delivering top-tier service at all times.
- We believe in collaboration, working together to drive success.
- We embrace an entrepreneurial mindset, constantly innovating and seizing new opportunities.
- We focus on execution, turning plans into action with precision and efficiency.
- We are digital-first, leading through cutting-edge digital innovation.
Greater Banking
Convenience
Personal Solutions
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