Union Bank of Colombo PLC

UBC.N0000

LK0306N00007

Banks

End-of-day quote Colombo S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
10.2 ^LKR	+0.99%		+2.00%	+2.00%

Feb. 28	Union Bank of Colombo PLC Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Feb. 28	Union Bank of Colombo PLC Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	CI

Union Bank of Colombo PLC Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 28, 2024 at 07:19 am EST

Union Bank of Colombo PLC reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported net interest income was LKR 1,648.87 million compared to LKR 1,973.38 million a year ago. Net income was LKR 3.92 million compared to LKR 118.69 million a year ago.

Latest news about Union Bank of Colombo PLC

Union Bank of Colombo PLC Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 28	CI
Union Bank of Colombo PLC Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 28	CI
Union Bank Appoints Dilshan Rodrigo as the Deputy Chief Executive Officer with Effect from 15 January 2024	Jan. 09	CI
Union Bank of Colombo PLC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 03	CI
CG Capital Partners Global Pte Ltd completed the acquisition of Union Bank of Colombo PLC (COSE:UBC.N0000) from TPG Asia VI SF Pte. Ltd.	23-10-23	CI
Union Bank of Colombo PLC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-31	CI
Union Bank of Colombo PLC Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-28	CI
Union Bank of Colombo PLC Reports Earnings Results for the Fourth Quarter Ended December 31, 2022	23-02-28	CI
Union Bank of Colombo PLC Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-28	CI
CG Capital Partners Global Ltd. agreed to acquire 70.84% stake in Union Bank of Colombo PLC (COSE:UBC.N0000) from TPG Asia VI SF Pte. Ltd. for $100 million.	22-12-01	CI
Union Bank of Colombo PLC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-10-31	CI
Union Bank of Colombo PLC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-07-29	CI
Union Bank of Colombo PLC Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-13	CI
Union Bank of Colombo PLC Reports Earnings Results for the Full Year Ended December 31, 2021	22-02-25	CI
Union Bank of Colombo PLC Reports Earnings Results for the Fourth Quarter Ended December 31, 2021	22-02-25	CI
Union Bank of Colombo PLC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-10-29	CI
Union Bank of Colombo PLC Announces Board Changes	21-08-02	CI
Union Bank of Colombo PLC Appoints Roshan Anne Perera as an Independent Non-Executive Director	21-07-09	CI
Union Bank of Colombo plc Reports Earnings Results for the First Quarter Ended March 31, 2021	21-04-29	CI
Union Bank of Colombo PLC Announces Board Changes	20-11-03	CI
Union Bank of Colombo plc Reports Earnings Results for the Third Quarter Ended September 30, 2020	20-10-29	CI
Union Bank of Colombo plc Reports Earnings Results for the Second Quarter Ended June 30, 2020	20-07-31	CI
Union Bank of Colombo plc Announces Resignation of Gaurav Trehan, Non-Executive, Non-Independent Director	20-05-20	CI
Union Bank of Colombo plc Reports Earnings Results for the First Quarter Ended March 31, 2020	20-05-06	CI
Union Bank of Colombo plc Reports Earnings Results for the Full Year Ended December 31, 2019	20-02-26	CI

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Company Profile

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.

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