Union Bank expands network to Angunakolapelessa

Union Bank of Colombo PLC (UBC) opened its 39th branch in Angunakolapelessa recently at Hungama Road, Angunakolapelessa, adding to its rapidly expanding branch network. The new branch was ceremonially opened by Anil Amarasuriya, Director/Chief Executive Officer of Union Bank.

The bank’s expansion is honed and specifically geared to grow the SME and retail portfolio and the growing branch network complements the bank’s vision and journey of becoming the preferred bank for SMEs.

Angunakolapelessa contributes significantly to the agro-export industry of Sri Lanka and offers a myriad of opportunities for Union Bank to serve the Small and Medium Enterprises (SMEs) and personal banking customers. The new branch is located in the Angunakolapelessa town and offers a host of products and ancillary services that adds value to its promise of providing total financial solutions to SME and retail customers.  

Union Bank proposes to expand its branch network to 50 branches by the end of 2013 to augment its vision to be the preferred bank for SMEs.