Union Bank of Colombo PLC 2021 AR2
The report highlights Union Bank of Colombo PLC's performance and sustainability initiatives for the fiscal year 2021. Despite the challenges of the COVID-19 pandemic, the bank expanded its digital footprint with the relaunch of its mobile app 'UBgo' and major upgrades to its data centers. The bank continued to support small and medium enterprises (SMEs) through debt moratoria and concessionary funding schemes. On the environmental front, the bank's initiatives saved 202 trees and recycled 11,930 kg of wastepaper. The bank also maintained strong capital adequacy ratios, with a Total Capital Ratio of 16.47%.
Company: Union Bank of Colombo PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2021
Type: AR2
Pages: 308
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Union Bank of Colombo PLC
Annual Report
The report highlights Union Bank of Colombo PLC's performance and sustainability initiatives for the fiscal year 2021. Despite the challenges of the COVID-19 pandemic, the bank expanded its digital footprint with the relaunch of its mobile app 'UBgo' and major upgrades to its data centers. The bank continued to support small and medium enterprises (SMEs) through debt moratoria and concessionary funding schemes. On the environmental front, the bank's initiatives saved 202 trees and recycled 11,930 kg of wastepaper. The bank also maintained strong capital adequacy ratios, with a Total Capital Ratio of 16.47%.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Workplace Fatalities
Employees