Union Bank strengthens branch network with 64th branch in Kohuwala

Union Bank extended its island wide reach with the opening of its 64th branch in Kohuwala; in continuation of the bank’s intent to become the ‘neighbourhood bank’ serving households across the island. The expansion of the branch network along with its aggressive growth of offsite ATMs have significantly increased customer convenience and access to their Union Bank accounts.

Kohuwala, a pivotal city for economic activity within the Western province, is a hub of trade and enterprise. Union Bank’s new branch in Kohuwala offers a comprehensive portfolio of products and services for the retail, SME and corporate banking segments; to support the financial growth of individuals, entrepreneurs and business entities in the area. 

The branch was ceremonially declared open by Union Bank Director/Chief Executive Officer Indrajit Wickramasinghe. Commenting on the new branch opening Wickramasinghe stated, “Union Bank will continue to strengthen its network presence around the island, in a bid to offer convenient, redefined banking experiences to a wider clientele. While promoting inclusive growth in rural Sri Lanka, Union Bank will remain committed to provide new and improved growth opportunities for people in the Western Province; helping them make the most of the emerging opportunities within the region. New branches of Union Bank present the highest level of customer centricity and project the image of a progressive bank that delivers greater value and banking convenience to our clients; living up to our premise of making the rest of their lives the best of their lives.” 

For the small and medium scale entrepreneurs in Kohuwala, UBC has on offer a range of  SME financing facilities; including industry specific credit facilities, short term working capital loans, supplier and distributor financing and long term funding coupled with advisory services in the areas of banking, industry expertise, wealth creation as well as capital management.

In addition, Union Bank’s new branch will offer people in Kohuwala a novel personal banking experience with a wide range banking services that include Current Accounts, Savings Accounts, Children’s Savings Accounts, Elite Circle Priority Banking services, Foreign currency Accounts, Fixed Deposits, Personal Loans, Home Loans and Debit cards with seasonal savings and benefits. 

Union Bank’s latest branch in Kohuwala is located at No 95B, Dutugemunu Street, Kohuwala and will be open for business on weekdays between 9 a.m. and 4 p.m.