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UNION BANK APPOINTS MS. SHAHEEDA BARRIE TO THE BOARD
20 April 2026Business
Union Bank is pleased to announce the appointment of Ms. Shaheeda Barrie as an Independent Non-Executive Director to the Board of Directors. Ms. Barrie brings over 25 years of distinguished...
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Union Bank Annual General Meeting
17 April 2026Business
The 31st Annual General Meeting of Union Bank was held on March 31 at the Sri Lanka Foundation Institute, Colombo. The meeting was chaired by Mr. Dinesh Weerakkody, Chairman of...
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Union Bank Simplifies Bulk Deposits for Businesses with Virtual Deposit Card
15 April 2026Business
Union Bank continues to transform digital banking for businesses with the introduction of a simplified virtual deposit card to support bulk deposits through Cash Deposit Machines (CDMs). The new facility...
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Union Bank Opens Second Leasing Hub in Negombo
26 March 2026Business
Union Bank recently opened its second Leasing Hub in Negombo offering faster leasing solutions to customers. The First Union Bank leasing hub was opened in Kohuwala and is located centrally...
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Union Bank Hits LKR 2.2 Bn PBT and Doubles Bottom Line in FY2025
5 March 2026Finance
Union Bank announced a milestone financial performance for the FY2025, emerging as one of the fastest-growing banks in the country complemented by a standout bottom-line performance with the group Profit...
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Union Bank to Raise LKR 3 Bn via Basel III Compliant Debenture Issue
28 February 2026Business
Union Bank of Colombo PLC announced its proposed Debenture Issue 2026, a strategic move aimed at raising up to LKR 3 billion. This issue is designed to bolster the Bank’s...
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3 May 2021
The second quarter of 2019 carried unforeseen challenges for the banking sector, which was under demanding economic conditions caused by the unfortunate events that unfolded in April 2019.
8 March 2021
The second quarter of 2019 carried unforeseen challenges for the banking sector, which was under demanding economic conditions caused by the unfortunate events that unfolded in April 2019.
16 November 2020
The second quarter of 2019 carried unforeseen challenges for the banking sector, which was under demanding economic conditions caused by the unfortunate events that unfolded in April 2019.
2 November 2020
The second quarter of 2019 carried unforeseen challenges for the banking sector, which was under demanding economic conditions caused by the unfortunate events that unfolded in April 2019.
18 August 2020
The second quarter of 2019 carried unforeseen challenges for the banking sector, which was under demanding economic conditions caused by the unfortunate events that unfolded in April 2019.
11 March 2020
The second quarter of 2019 carried unforeseen challenges for the banking sector, which was under demanding economic conditions caused by the unfortunate events that unfolded in April 2019.
11 March 2020
The second quarter of 2019 carried unforeseen challenges for the banking sector, which was under demanding economic conditions caused by the unfortunate events that unfolded in April 2019.
17 February 2020
The second quarter of 2019 carried unforeseen challenges for the banking sector, which was under demanding economic conditions caused by the unfortunate events that unfolded in April 2019.
5 February 2020
The second quarter of 2019 carried unforeseen challenges for the banking sector, which was under demanding economic conditions caused by the unfortunate events that unfolded in April 2019.
15 November 2019
The second quarter of 2019 carried unforeseen challenges for the banking sector, which was under demanding economic conditions caused by the unfortunate events that unfolded in April 2019.
25 October 2019
The second quarter of 2019 carried unforeseen challenges for the banking sector, which was under demanding economic conditions caused by the unfortunate events that unfolded in April 2019.
16 August 2019
The second quarter of 2019 carried unforeseen challenges for the banking sector, which was under demanding economic conditions caused by the unfortunate events that unfolded in April 2019.
25 July 2019
The second quarter of 2019 carried unforeseen challenges for the banking sector, which was under demanding economic conditions caused by the unfortunate events that unfolded in April 2019.
8 July 2019
Union Bank concluded a strong first half, recording significant growth in core banking revenue with resultant profits before all taxes of Rs. 849 Mn, amidst challenging market conditions that tested the resilience of businesses across all sectors.
27 June 2019
As announced to the CSE by the Bank, its major shareholder Culture Financial Holdings Limited, through which TPG- the US based investment giant holds 70% of Union Bank shares,
10 June 2019
The Bank announced the appointment of Nisala Kodippili as Chief Information Officer while career banker Asanka Ranhotty was appointed as Vice President, SME Banking and Transaction Banking at Union Bank.
3 June 2019
The upgrade of Union Bank’s rating reflects its better risk profile through a more diversified loan book, increased profitability and higher-than-average capitalisation amongst other rating drivers.
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