News

Union Bank offers up to 50% savings to Credit Cardholders this season

4 December 2019Business

Union Bank recently revealed the Bank’s seasonal credit cards discount scheme that offers up to 50% savings at over 100 merchant partner outlets island-wide. A key highlight amongst the offers...

Union Bank focuses on cost optimisation for sustained growth in a challenging environment

15 November 2019Finance

Bank Profit before all taxes grew by 54% YoY to Rs. 1,422 Mn Net Interest Income grew to Rs. 3,466 Mn Fee and Commission Income up by 12% YoY to...

Union Bank bags two Golds at SLIM NASCO Awards 2019

25 October 2019Awards

Photo captions Pic 1 - Sumedha Prasadhika receiving her award from Prabath Gamage - General Manager, Enterprise Business Model at Mobitel, while the project chair for SLIM Nasco 2019 Chinthaka...

Union Bank website wins gold at dotCOMM awards 2019

16 August 2019Awards

Union Bank Website www.unionb.com was awarded the Gold winner under the Finance Category at the dotCoMM Awards 2019 based in USA. Thishani Dissanayake, Assistant Vice President Marketing stated “We are...

Union Bank records strong growth of 52% in Profit before all taxes in 1H19

25 July 2019Finance

Bank Performance Profit before all taxes grew by 52% YoY to Rs. 849 Mn Net Interest Income grew by 19% YoY to Rs. 2,131 Mn Fee and Commission Income grew...

Union Bank appoints Sarath Wikramanayake to the Board

8 July 2019Business

The Board of Directors of Union Bank of Colombo PLC announced the appointment of Sarath Wikramanayake as a Non-Executive Independent Director, with effect from 21st June. Mr. Wikramanayake is a...