Union Bank of Colombo PLC 2024 AR2
The report highlights Union Bank of Colombo PLC's performance and strategic transformation in 2024, marked by a new brand identity and a 27.7% growth in its loan portfolio. The bank successfully crossed the LKR 100 billion threshold in deposits, representing an 17.9% increase. Key sustainability achievements include the launch of the Union Bank School of Social Entrepreneurship and the disbursement of over LKR 1 billion in green loans. Additionally, the bank became the first in Sri Lanka to achieve both PCI DSS 4.0 and ISO 27001:2022 certifications, reinforcing its digital leadership and information security.
Company: Union Bank of Colombo PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2024
Type: AR2
Pages: 388
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Union Bank of Colombo PLC
Annual Report
The report highlights Union Bank of Colombo PLC's performance and strategic transformation in 2024, marked by a new brand identity and a 27.7% growth in its loan portfolio. The bank successfully crossed the LKR 100 billion threshold in deposits, representing an 17.9% increase. Key sustainability achievements include the launch of the Union Bank School of Social Entrepreneurship and the disbursement of over LKR 1 billion in green loans. Additionally, the bank became the first in Sri Lanka to achieve both PCI DSS 4.0 and ISO 27001:2022 certifications, reinforcing its digital leadership and information security.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Net Zero Target
Employees