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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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Union Bank Recognises Top Performers at UB Heroes 2025
17 February 2026Business
Union Bank recognised its top performers at the UB Heroes 2025 awards, the Bank’s performance‑based recognition initiative that honours exceptional achievement across categories including Branch Awards, Central and Retail Recovery...
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Union Bank Recognises Long-Serving Employees at the ‘UB Port Paradise’
16 February 2026Other
Union Bank recognised its long-serving employees at this year’s ‘UB Port Paradise’ event, celebrating employees who reached significant service milestones of 20 and 25 years. The employees received their long...
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New group of emerging Entrepreneurs completes Union Bank partnered National Entrepreneurship Development Programme
3 February 2026Business
As part of the Union Bank School of Social Entrepreneurship (UBSSE) initiative, Union Bank partnered with the University of Moratuwa and the National Innovation Agency to upskill and empower SMEs...
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Union Bank now on DRP Connectivity for faster Identity Verification
2 February 2026Business
Union Bank partnered with the Department for Registration of Persons (DRP) establishing direct connectivity and faster response times for identity verification services, marking a significant enhancement to the Bank’s digital...
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Union Bank Celebrates Thai Pongal
27 January 2026Other
Union Bank celebrated Thai Pongal across its branch network, bringing together customers and staff in a spirit of gratitude, prosperity and togetherness...
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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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