UB Finance PLC, a financial institution borne from the strategic collaboration between Union Bank of Colombo PLC, Sri Lanka's premier financial institution, and an esteemed international strategic investment partner. This partnership, marked by a recent capital infusion of Rs 1.98 billion, establishes UB Finance as one of the highest capitalised finance companies in Sri Lanka's private sector.
UB Finance PLC boasts an impressive Fitch Rating of [SL]BB with a positive outlook, underscoring its dedication to fostering sustainable and mutually beneficial partnerships for all stakeholders.
With a core mission to deliver unique economic and social value to all Sri Lankans, UB Finance is committed to nurturing its clients' financial aspirations while upholding the cherished Sri Lankan values of tradition and auspiciousness. Notably, UB Finance has made significant strides in social responsibility, extending assistance to thousands of customers affected by the Ceylinco regime's collapse, underscoring its commitment to social accountability and economic viability.
Chaired by Mr. Atul Malik, an eminent international banker and current Chairman of Union Bank of Colombo PLC, UB Finance's Board of Directors comprises a diverse blend of local and international business professionals, including Michael J O'Hanlon, Indrajit Wickramasinghe, Ms Lisa Thomas, Raj Moahan Balendra, Sabry Ghouse, and Ransith Karunaratne (Director/CEO). Their combined expertise positions UB Finance on a trajectory to become a flagship brand in Sri Lanka's financial services industry.
Licensed by the Central Bank of Sri Lanka, UB Finance PLC is committed to delivering financial services built on integrity and empowerment. Its offerings encompass a comprehensive range of financial services, including Fixed Deposits, Savings, Real Estate, Leasing, Hire Purchase, Loans Factoring, and Pawning Solutions.