UB Finance opens in Kurunegala, Galle

Officials at the opening of the new branch

UB Finance Company Limited (UBF) a subsidiary of Union Bank of Colombo PLC backed by their US based strategic investment partner Show Cap II, has started to penetrate the finance market with a strong and steady growth.

Keeping in line with their strategic intent of expanding its foot print and getting closer to its customers, UBF launched two new branches in Kurunegala and Galle on May 9 and 16 respectively.Alexis Lovell Chairman of UBF stated, "We are excited to be a part of cities with high business potential like Kurunegala and Galle. The establishment of our new full-service branches represents a long-term commitment to the individuals, families and businesses of these thriving two cities."

"Being the first Finance Institute to be backed by a Commercial Bank in the private sector, our customers enjoy the best interest rates on offer in the market secured by the strength of a Bank "stated Jude Muthugala, the Chief Manager Fixed Deposits , emphasizing on UBFs Fixed Deposits schemes. "We have clearly identified our clients and are well equipped to provide them with tailor made financial solutions to accommodate their specific needs. We would be strengthening our network by adding two more new branches this quarter", he added.