Union Bank of Colombo PLC 2021 IR
The report highlights Union Bank of Colombo PLC's financial and sustainability performance for the fiscal year 2021. Despite the challenges of the COVID-19 pandemic, the bank achieved a Profit After Tax of Rs. 765 million, representing a 33% year-on-year growth. The bank continued its digital transformation, relaunching its mobile banking app as 'UBgo' and upgrading its primary and disaster recovery data centres. On the sustainability front, the bank supported small and medium enterprises with debt moratoria and concessionary funding, while also implementing energy-saving and waste recycling initiatives.
Company: Union Bank of Colombo PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2021
Type: IR
Pages: 308
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Union Bank of Colombo PLC
Annual Report
The report highlights Union Bank of Colombo PLC's financial and sustainability performance for the fiscal year 2021. Despite the challenges of the COVID-19 pandemic, the bank achieved a Profit After Tax of Rs. 765 million, representing a 33% year-on-year growth. The bank continued its digital transformation, relaunching its mobile banking app as 'UBgo' and upgrading its primary and disaster recovery data centres. On the sustainability front, the bank supported small and medium enterprises with debt moratoria and concessionary funding, while also implementing energy-saving and waste recycling initiatives.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Integrated Report
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
Workplace Fatalities
Employees