Union Bank Doubles PAT in Milestone FY2025 Performance 📈

Union Bank of Colombo PLC has reported a standout financial year, driven by strategic transformation and aggressive growth in its loan portfolio. • Overall Profitability: Group Profit Before Tax (PBT) reached LKR 2.2 Bn, while Profit After Tax (PAT) doubled to LKR 660 Mn. Total Assets grew 19% to LKR 184.8 Bn. • Revenue Streams: Gross Income surged to LKR 18.2 Bn. This was supported by a Net Interest Income (NII) of LKR 5,638 Mn and a Net Fee and Commission Income of LKR 1,545 Mn. • Lending & Deposits: The Net loan portfolio climbed 36% YoY to LKR 110.8 Bn, significantly outpacing industry averages. The deposit base saw a 15% increase, reaching LKR 118.8 Bn. • Sector Focus: The bank emphasized its role in the SME sector as a catalyst for economic growth, alongside a "digital-first" philosophy to expand accessibility. • Stability: Maintained a healthy Total Capital Ratio of 13.2%, remaining well above regulatory requirements. The Group's performance, including subsidiaries UB Finance PLC and National Asset Management Ltd, reflects structural improvements following the entry of new investment.