Company Union Bank of Colombo PLC

Equities

UBC.N0000

LK0306N00007

Banks

End-of-day quote Colombo S.E. 07:00:00 2024-03-27 pm EDT 5-day change 1st Jan Change
9.4 LKR +1.08% Intraday chart for Union Bank of Colombo PLC +1.08% -6.00%

Business Summary

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.

Number of employees: 1,065

Sales per Business

LKR in Million2022Weight2023Weight Delta
Retail
28.1 %
777 8.8 % 2,576 28.1 % +231.70%
Other
20.4 %
- - 1,870 20.4 % -
Corporate
18.9 %
1,741 19.7 % 1,737 18.9 % -0.28%
Other Groups
13.0 %
1,308 14.8 % 1,190 13.0 % -9.02%
Treasury
10.0 %
- - 914 10.0 % -
Small and Medium Enterprises
9.7 %
1,363 15.4 % 890 9.7 % -34.69%

Sales per region

LKR in Million2022Weight2023Weight Delta
Sri Lanka
100.0 %
8,845 100.0 % 9,178 100.0 % +3.76%

Managers

Managers TitleAgeSince
Chief Executive Officer - 14-11-18
Director of Finance/CFO - 21-10-31
Compliance Officer - -
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer - 14-11-30
Chief Tech/Sci/R&D Officer - 19-04-30
Corporate Officer/Principal - -
Corporate Officer/Principal - 20-09-30
Corporate Officer/Principal - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 19-06-20
Chief Executive Officer - 14-11-18
Director/Board Member - 21-08-14
Chairman - 17-03-31
Director/Board Member - 23-10-24
Director/Board Member - 17-03-31
Director/Board Member 68 23-10-24
Director/Board Member - 21-07-07

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,083,558,338 97,996,565 ( 9.044 %) 0 9.044 %

Shareholders

NameEquities%Valuation
Ceybank Asset Management Ltd.
0.1497 %
1,622,560 0.1497 % 48 742 ₨

Company contact information

Union Bank of Colombo Plc

No. 64, Galle Road

00300, Colombo

+94 11 237 4100

http://www.unionb.com
address Union Bank of Colombo PLC(UBC.N0000)