Union Bank of Colombo PLC Stock

Union Bank of Colombo PLC (the Bank) is a Sri Lanka-based commercial bank. The Bank's business segments include corporate banking, small and medium enterprises (SME), retail and treasury. The corporate banking segment includes trade services, working capital finance, term finance, transaction banking and cash management services. The retail segment includes savings and current accounts, time deposits, debit cards/credit cards, elite circle, loans-personal and mortgage loans, foreign currency accounts, remittances and bancassurance. The SME segment includes project finance, factoring, working capital solutions, trade finance, bancassurance, transaction banking and cash management services, and development and refinancing. The treasury segment includes foreign currency (FCY) cash, spot and forward contracts, re-purchase and reverse re-purchase agreement, treasury bills and treasury bonds, Sri Lanka Development Bonds, debentures, and commercial papers. The Bank has around 67 branches.