Union Bank of Colombo Revenue and Competitors

Established in 1995, as the 8th indigenous Bank, Union Bank is amongst the top 5 private commercial Banks in Sri Lanka in market capitalization, offering a full range of products and services to personal and commercial financial sectors. Delivering a unique value proposition, backed by exceptional service, Union Bank continues to expand its reach across Sri Lanka through a robust channel strategy consisting of an island-wide branch network and alternate channels. Listed in the Colombo Stock Exchange, Union Bank is synonymous as a rapidly progressing and potential business entity that has attracted top globally and local investors. Year 2014, marks significance for Union Bank with TPG the US based global investment firm with $67Bn in capital under management acquiring 70% equity in the Bank. This investment marked a milestone in the financial services industry as one the largest foreign direct investments to Sri Lanka. Union Bank's growth is further augmented with its strategic diversifications and its subsidiaries include National Asset Management Limited, Sri Lanka's premier Asset Management Company and UB Finance Company Limited. Supported by the strength of a global giant, Union Bank has etched for its self a solid foundation of financial stability backed with international know-how and best practices and is rapidly progressing as one of Sri Lanka's fastest growing Financial Services Groups. Network: 67 Branches / 4000 ATMs via LankaPay.