News

Union Bank wins Most Campaign Partnerships Award from Daraz!

10 August 2022Awards

Union Bank for the second consecutive year was recognized at the Daraz Payment Partner Performance Awards and received the ‘Most Campaign Partnerships’ award this year in an event held on...

Union Bank posts resilient core-banking performance in 1H2022 amidst challenges.

29 July 2022Finance

The second quarter of 2022 witnessed a challenging macroeconomic outlook that resulted in the banking sector facing multiple headwinds with the impact of the sharp rupee depreciation, rising interest rates...

Union Assurance and Union Bank Renew Successful Partnership

7 July 2022Business

In a move that promises to expand the bancassurance footprint in Sri Lanka, Union Assurance and Union Bank have extended their alliance for 7 years. The renewal of the exclusive...

Union Bank sustains resilience in 1Q2022 amid macro environmental challenges

13 May 2022Finance

The first quarter of 2022 witnessed the gradual recovery of economic activity resultant from the setbacks of the COVID-19 3rd wave. However, during 1Q 2022, continued political uncertainty that prevailed...

Union Bank maintains steady growth despite challenges in FY21

25 February 2022Business

Union Bank maintained a steady growth momentum reflecting the determined pursuit of its business strategy, primarily driven by the Bank’s core banking performance in the first six months of 2021...

Union Bank gears for next phase of digital transformation with state-of-the-art Data Centre investment

29 November 2021Business

Union Bank recently concluded a major upgrade to its primary and disaster recovery data centres. The upgrade encompassed enhancements to network infrastructure, hardware, back-up solutions, security infrastructure, enterprise storage and...