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Union Bank wins award for “Best Bank for seamless back-end operations” at the LankaPay Technnovation Awards 2018
27 September 2018Awards
Photo caption: Standing L to R : Manisha Fernando- AVP Retail Liability Products and Alternate Channels Union Bank , Yohan Alahakoon- Manager Alternate Channels Union Bank, Wasantha Deshapriya – Chairman...
Read MoreUnion Bank staff wins 2 awards at the 18th SLIM NASCO Awards for the second consecutive year
10 September 2018Awards
Mr. Ravi Jayasekera – Vice President Human Resources , Mrs. Chaya Jayawardana- Vice President - Retail Banking, Mr.Chamara Rozairo and Ms. M.A Sumedha Prasadika ,Mr. Indrajit Wickramasinghe – Director/Chief Executive...
Read MoreMr. Rusiru Abeyasinghe appointed as NAMAL CEO
10 September 2018Business
Mr Alexis Lovell, Chairman National Asset Management Limited (NAMAL) announced the appointment of Mr. Rusiru Abeyasinghe as the Chief Executive Officer of the company, effective from August 15, 2018. National...
Read MoreExtend your experience with Union Bank Credit Cards – Keep swiping, keep benefiting
27 August 2018Business
Union Bank launched a comprehensive portfolio of Credit Cards, powered with VISA payWave, adding greater versatility and vibrancy to its Retail Banking product offering. The introduction of contactless Credit Cards...
Read MoreUnion Bank records 42% growth in Profit Before all Taxes
29 July 2018Finance
Bank Performance Gross Income grew by 22% YoY to Rs.6,721 Mn Profit Before Tax and VAT grew by 42% YoY to Rs.558 Mn Net Interest Income grew by 14% YoY...
Read MoreUnion Bank hosts Investor Forum for 1H 2018
30 June 2018Finance
Director/ CEO of Union Bank Indrajit Wickramasinghe addressing the audience The members at the head table (from L-R) : Mr. Atul Malik - Chairman of Union Bank, Mr. Indrajit Wickramasinghe...
Read More3 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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