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Union Bank posts LKR 285 mn Profit Before Taxes for Q1 2025
The Island
|May 02, 2025
Union Bank of Colombo PLC announced its financial results for the first quarter ended March 31, 2025, highlighting strong loan growth and balance sheet expansion.
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Demonstrating strategic focus and resilience, Union Bank recorded a 14% year-on-year increase in net loans, underscoring the Bank’s momentum in lending and its commitment to supporting retail, SME, and corporate sectors. This healthy credit growth highlights the Bank's strengthened position in the financial services sector.
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