News

Fitch upgrades Union Bank’s National Long-Term Ratings

3 June 2019Business

24 May 2019 : Fitch Ratings Lanka has upgraded the National Long-Term Ratings of Union Bank to 'BBB-(lka)' from ‘BB+(lka)’ with a Stable Outlook. The upgrade of Union Bank’s rating...

Union Bank wins Best Cash Management Bank Sri Lanka at Global Business Outlook Awards

19 May 2019Awards

Union Bank was awarded ‘Best Cash Management Bank - Sri Lanka’ title at the recent Global Business Outlook Awards in recognition of its state-of-the-art cash management solution Union Bank Biz...

Union Bank records a healthy 49% growth in Profit before all taxes in 1Q19

15 May 2019Finance

Bank Performance Results from Operating activities grew by 62% YoY to Rs.362 Mn Profit before all taxes grew by 49% YoY to Rs.366 Mn Net Interest Income grew by 19%...

Union Bank honours top performers at Retail and SME Banking Awards

5 April 2019Business

Photo Caption: Winner of the Best Branch of the Year 2018 Award - Piliyandala Branch with Union Bank Board Director, Mr. Trevin Fernandopulla, Director/CEO and Mr. Indrajit Wickramasinghe (Centre) flanked...

Bountiful Avurudu offers with Union Bank Credit Cards

5 April 2019Business

Union Bank is offering some great deals in town on its Credit and Debit Cards in view of the upcoming Avurudu season. The wide ranging discounts and offers are...

Union Bank reports impressive 49% growth in profit before all taxes in FY18

5 April 2019Finance

Bank Performance Net Interest Income up by 19.9% YoY to Rs. 3,652 Mn Net Fee and Commission Income up by 23.7% YoY to Rs. 833 Mn Total Operating Income grew...