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Union Bank Of Colombo Plc (Sri Lanka)

Main Activities: Commercial Banking
Full name: Union Bank Of Colombo Plc Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Union Bank of Colombo Limited provides commercial banking and related financial services in Sri Lanka. The activities include accepting deposits, personal banking, trade financing, off-shore banking, resident and non-resident foreign currency operations, corporate and retail credit, project and micro financing, lease financing, pawning, rural credit, telebanking, Internet banking, ATM facilities, and margin trading, as well as dealing in government securities and treasury related products. The personal banking services include savings accounts, current accounts, time deposits, overdrafts, leasing services, and personal loans. Its corporate banking services include working capital financing, trade finance and short term loans, export credit, preshipment/packing credit, and bank guarantee facilities, trade services related to bid bonds, performance guarantees, letters of credit, and collection bills, and treasury banking products, including spot contracts, forward exchange contracts, and treasury bills. As of December 31, 2010, the company had 21 branches. Union Bank of Colombo Limited was founded in 1995 and is headquartered in Colombo, Sri Lanka.

Headquarters
No.64, Galle Road
Colombo; Western Province; Postal Code: 03

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Website: http://www.unionb.com

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1995
Key Executives
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Chairman
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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4.07%
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2.81%
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0.53%
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0.43%
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0.29%
Subsidiaries
National Asset Management Limited
51%
Company Performance
Financial values in the chart are available after Union Bank Of Colombo Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net interest income
6.1%
Operating profit (EBIT)
61.01%
Net Profit (Loss) for the Period
5.12%
Total assets
7.79%
Total equity
3.11%
Total Assets Trend
-2.35%
Net Interest Income Trend
-24.32%
Loans to Deposits Ratio
-2.54%
Loans to Asset Ratio
-7.58%

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