Union bank

The Cowley Branch of the Union Bank of Canada

Links to the breadcrumb Opinion Column Farley Wuth is the curator of the Kootenai Brown Pioneer Village. Content of the article Many passionate pioneers, most often promoters of their own colony, saw the growth of that colony reflected in the development of its business. Advertisement 2 This ad has not loaded yet, but your article […]

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Avila Naturalle MD Honors First Bank and Union Bank Events for International Women’s Day Celebration

“For me, breaking prejudice means occupying a different/new space without fear but with absolute trust in God and courage.” – Ms. Mayegun TOPE Mayegun, Founder/CEO of Avila Naturalle, one of the leading organizations nestled in Alimosho, recently graced the First Bank Women’s Network event in commemoration of the International Women’s Day celebration which was celebrated […]

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Deadline Extended Again for Industry’s Largest Credit Union and Bank Acquisition Deal

Source: Shutterstock. Will the industry’s largest credit union and bank acquisition deal get final approvals from regulators? For nearly a year, the $11.6 billion VyStar Credit Union and the $1.6 billion Heritage Southeast Bank have been waiting for the go-ahead from regulators to close the deal, and no one is saying publicly what, if necessary, […]

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Ambit Finvest and Union Bank to co-lend underserved MSMEs

Ambit Finvest and Union Bank to co-lend underserved MSMEs New Delhi, March 2 (KNN) Ambit Finvest, a Non-Banking Finance Company (NBFC) has signed a co-loan agreement with Union Bank of India (UBI) to serve the most deserving and underserved Micro, Small and Medium Enterprises (MSMEs). Ambit Finvest is the Non-Banking Financial Company (NBFC) that does […]

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Union Bank Q4 earnings rise but loan growth slow – Reuters

Union Bank of Colombo PLC posted strong financial performance for the three months ending December 31, 2021, with improvements in asset quality and margins, but the extremely anemic growth in the company’s loans and advances raised serious concerns. questions about his overly conservative business strategy. The bank reported […]

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Home security contractor buys Union Bank Inn and three other notable buildings

The Union Bank Inn has been sold to a local entrepreneur who hopes to revitalize and bring new energy to the historic buildingwhich has been an integral part of Jasper Avenue since 1911. “The idea is to honor its history, to really pull out the roots of what Union Bank was,” said Henok Kassayethe new […]

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BEYOND BANKING: UNION BANK PARTNERS AFRICANXT TO WELCOME INNOVATORS ACROSS AFRICA

As part of its commitment to promote innovation and creativity nationwide, leading financial institution, Union Bank of Nigeria, has partnered with AfricaNXT – formerly known as Social Media Week, to host the largest gathering of innovators across Africa, taking place from February 27 to March 4 at the Landmark Event Center in Lagos. The six-day […]

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Union Bank of India Balance Check Online and by Number: Easy Ways to Check Union Bank of India Account Balance

Union Bank of India (also known as Union Bank or UBI) is one of the country’s leading public sector banks, serving over 120 million customers. The bank offers a range of top-notch banking services, including an easy and convenient method to check account balance online. Union Bank customers can check their bank balance using mobile […]

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Atlantic Union Bank Launches Specialty Vehicle Lending Group

Atlantic Union Bank will now offer specialized vehicle lending services, providing financing for vehicle fleets such as coaches, shuttles, school buses and transit buses. Operating within Atlantic Union Equipment Finance, the newly formed Specialty Vehicle Group will offer financing solutions for new and used vehicles, as well as an “on-demand only” credit decision model designed […]

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Three-year investor losses continue as City Union Bank (NSE:CUB) plunges another 4.0% this week, profits continue to fall

As an investor, it’s worth striving to ensure that your overall portfolio beats the market average. But it’s virtually certain that sometimes you’ll buy stocks that are below average market returns. Unfortunately, this has been the case for longer City Union Bank Limited (NSE:CUB) shareholders, as the stock price has fallen 25% over the past […]

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Union Bank’s third quarter net profit rises 49% to Rs 1,085 crore due to lower provisions and growth in NII

Union Bank’s gross advances rose by 2.7% year on year to stand at Rs 6.69 lakh crore. Union Bank of India on Monday reported a 49% year-on-year rise in net profit to Rs 1,085 crore in the October-December quarter, helped by lower provisions and healthy growth in net interest income (NII). However, the bank’s net […]

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Fed and OCC hold public hearing on US Bank-Union Bank deal

Federal regulators granted a public hearing next month on the proposed acquisition of MUFG Union Bank by US Bancorp, a victory for community activists who have pushed for a chance to weigh in on the $8 billion deal. The hearing will be held virtually on March 8, the Federal Reserve and the Office of the […]

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City Union Bank share price: Buy City Union Bank, price target Rs 200 : ICICI Securities

ICICI Securities has a call to buy on City Union Bank with a target price of Rs 200. The current market price of City Union Bank Ltd. is Rs 140. The period given by the analyst is one year when the price of City Union Bank Ltd. can achieve the set goal. . City Union […]

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Union Bank banking services now available on WhatsApp

Union Bank of India has started offering its banking services on WhatsApp. Powered by Infosys Finacle, the new service called Union Virtual Connect (UVConn) will offer the bank’s retail customers personalized, instant and secure everyday banking services. “We have always strived to build lasting relationships with our customers by providing simple, fast and contextual […]

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Stockbroker in court over missing GTCO shares of former Union Bank chairman

By Aduragbemi Omiyale Mr Chiedu Ijiomah and his brokerage firm, Adonai Stockbrokers Limited, were hauled before Judge CC Ani of the Enugu State High Court on allegations bordering on fraud. The suspects were specifically arraigned on Tuesday, February 1, 2022, by the Economic and Financial Crimes Commission (EFCC) on three counts bordering on theft, breach […]

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Inside Titan Trust Bank’s planned acquisition of Union Bank

In December last year, news of the deal spilled over into the financial sector. TTB, a bank established in 2019 and largely unknown domestically, has acquired a majority stake in Union Bank, which is Nigeria’s second oldest bank. TTB is positioning itself as a digital bank and hopes to leverage Union Bank’s reach – 239 […]

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Vedanta Ltd raises secured term loan of Rs 8,000 crore from Union Bank of India

Metals and mining company Vedanta Ltd raised a secured term loan of Rs 8,000 crore from Union Bank of India at 7.75% last month and used the proceeds to prepay debt high cost increased to more than 10% two years ago, people familiar with the development said. Vedanta Ltd will save at least Rs 200 […]

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City Union Bank launches fitness watch debit card in partnership with GOQii

City Union Bank, the oldest private sector bank in India, in association with preventative healthcare platform based on smart technologies GOQii and powered by the National Payments Corporation of India (NPCI), has launched a portable payment solution called CUB fitness watch debit card. “We have used cutting-edge technology to enable our customers to transact digitally […]

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Union Bank of Philippines to Offer Crypto Trading and Custody Services – Featured Bitcoin News

One of the largest banks in the Philippines, Unionbank, is reportedly launching cryptocurrency trading and custody services. “It’s a way to future-proof our banking business,” said a Unionbank executive. Unionbank of the Philippines to Offer Crypto Trading and Custody Services Union Bank of the Philippines (UBP), also known as Unionbank, plans to offer cryptocurrency trading […]

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Union Bank of the Philippines seeks to become the first nation to offer crypto services

Union Bank of the Philippines plans to become the first in the country to offer trading and custody services for cryptocurrencies. Custody services for digital assets will also cover tokenized bonds, according to Cathy Casas, head of the bank’s blockchain and application programming interface group. Swiss company Metaco will provide the system for Union Bank […]

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US Bancorp Says Union Bank Deal On Track For H1 Close

US Bancorp said on Wednesday it was confident that its pending acquisition of MUFG Union Bank will be completed in the first half of this year, which is in line with the original timing of the deal. Chairman and CEO Andy Cecere told analysts the $8 billion cash and stock purchase could close “later in […]

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Union Bank denies use of website links in promotions amid cyber threats and fraud │ GMA News Online

Union Bank of the Philippines said on Tuesday that it chose not to use clickable website links in its promotional communication materials to protect consumers from online fraud such as phishing and smishing. In a statement, Union Bank said the move was part of the bank’s proactive measures to address the upsurge in smishing attempts […]

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The mCash partner of SLT-Mobitel Union Bank

Union Bank recently entered into an agreement with SLT-Mobitel to bring greater banking convenience to customers through agent banking through SLT-Mobitel mCash – the innovative mobile money platform/wallet conceptualized by SLT-Mobitel and endorsed by the Central Bank of Sri Lanka. Union Bank’s agent banking service will be offered island-wide through the reputable SLT-Mobitel mCash authorized […]

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3 Union Bank employees test positive for COVID in northern Taiwan | Taiwan News

TAIPEI (Taiwan News) – Three of the four local COVID cases announced on Wednesday, January 12, are employees of a bank in the city of Taoyuan. On Wednesday, Taoyuan Mayor Cheng Wen-tsan (鄭文燦) announced that three employees working at a Union Bank branch in Taoyuan City’s Zhongli District had tested positive for COVID. The three […]

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Union Bank’s core stock attracts 3.62 times higher bids

Against its primary shares of Tk 428 crore, Union Bank received offers of Tk 1,548 crore from investors, which is 3.62 times larger than the initial public offering (IPO) size. On Sunday, the Dhaka Stock Exchange (DSE) will hold an allotment of principal shares of the next-generation private sector lender from among the successful applicants. […]

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City Union Bank share price: Buy City Union Bank, price target Rs 225: Centrum Broking

Centrum Broking has purchased City Union Bank Ltd. with a target price of Rs 225. The current market price of City Union Bank Ltd. is Rs 141.15. The period given by the analyst is one year when the price of City Union Bank Ltd. can achieve the set goal. City Union Bank Ltd., incorporated in […]

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Nebraska agency refuses GreenState Credit Union banking deal

Diving brief: The Nebraska Department of Banking and Finance (NDBF), in one Order of December 30rejected Omaha-based Premier Bank’s request to be acquired by the Iowa-based bank green state Checkout. Premier Bank does not have the legal capacity to sell its assets to green state because the credit union, established under the laws of Iowa, […]

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BBB unlikely to recruit private candidates for Union Bank of India top spot

Banks Board Bureau (BBB), which has been tasked with recommending candidates for the top positions in public sector banks, is unlikely to invite candidates from the private sector to participate in the selection process for the CEO position and CEO of Union Bank of India (UBI). He had recently stunned the banking world after removing […]

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Opening of the VAPT laboratory at the Cyber ​​Security CoE of Union Bank

Union Bank of India has set up an automated Vulnerability Assessment and Penetration Testing (VAPT) laboratory at its Cybersecurity Center of Excellence in Hyderabad and launched a cybersecurity awareness kit. “With the establishment of the laboratory, the bank can quickly perform security testing of any new product and deployment can be possible very quickly,” said […]

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Union Bank of India begins lending at alternative benchmark rate and replaces Libor

The Union Bank of India (UBI), through its international banking division, announced on Wednesday that for lending purposes, it has replaced the London Interbank Offered Rate (LIBOR) with the Alternative Reference Rate (ARR). ). This change is in line with the Reserve Bank of India forcing all banks and other financial institutions to stop using […]

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Union Bank of India’s Digital Banking Initiative – Launches Cybersecurity Awareness Kit and Automatic VAPT Lab | APN News

Previous story: Jacquie Cope of the Peabody Companies receives the iPodS Award for Injured Veterans for her nonprofit service Next story: Wyplay and Sceenic join forces to offer co-viewing solutions to TV operators Union Bank of India’s Digital Banking Initiative – Launches Cyber ​​Security Awareness Kit and VAPT Auto Lab Posted on January 5, 2022 […]

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Union Bank’s Edu360 Partners with Kucheza Gaming to Solve Social Problems

Union Bank of Nigeria By Peter Egwuatu For the second year in a row, Union Bank Nigeria Plc, through its educational platform, Edu360, has partnered with leading gaming company Kucheza to host another edition of the MoboGame Jam as part of its efforts to resolve issues. social issues and bridging the digital skills gap within […]

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Citizens Union Bank of Shelbyville officially merged with German American Bank

JASPER, Ind (WEHT) – German American Bancorp, Inc. today announced that it has completed its merger with Citizens Union Bancorp of Shelbyville, Inc., the parent company of Citizens Union Bank of Shelbyville, Inc. of Shelbyville, Kentucky, effective at 12:01 a.m. Eastern Standard Time (EST) on January 1, 2022. Immediately upon completion of the holding company […]

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Facts and figures: how Titan Bank compares to Union Bank

Union Bank, one of Nigeria’s oldest and most respected banks, is set to be taken over by Titan Trust Bank, a bank established two years ago with a balance sheet well below its target. As reported by Nairametrics, the acquisition is being made through an offer to sell which will see the majority owners of […]

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Union Bank of India Ranks 3rd in EASE Reforms | AFN News

Previous story: Multi-brand auto service centers are the future of India’s auto service industry Union Bank of India ranks 3rd in EASE reforms Posted on December 29, 2021 The adoption of sound lending practices and a credit monitoring and recovery mechanism was the highlight of the Bank’s performance in the second quarter of FY21-22. Calcutta […]

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the managing director of Atul Kumar Goel PNB; The hunt is on for Union Bank CEO – The New Indian Express

Through Express news service NEW DELHI: The Cabinet Appointments Committee (ACC) has approved the name of Atul Kumar Goel, who is currently Managing Director and CEO of UCO Bank, as the Special Service Office at Punjab National Bank. “The order will come into effect from the date of entry into office of said office until […]

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BBB calls for applications for the post of Managing Director of Union Bank of India

The Banks Board Bureau (BBB), the headhunter for public banks and financial institutions, has called for applications for the post of Managing Director and Managing Director of Union Bank of India for a three-year term. The post of Managing Director and CEO would become vacant at Mumbai-based Union Bank of India when Rajkiran Rai G […]

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BBB Is Calling for Applications for Union Bank of India MD Position

The Banks Board Bureau (BBB) ​​has called for applications for the post of Managing Director and Managing Director of Union Bank of India for a term of three years. The post of Managing Director and CEO would become vacant at the Mumbai-based Union Bank of India when Rajkiran Rai G retires in June 2022. According […]

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Changes: Union Bank hires Kowalewski as vice president

Robert Kowalewski joined Union Bank as Vice President, Director of Business Development. Kowalewski will focus on strategic initiatives that will help support and develop the bank’s brand in the various markets served by Union Bank. This will include business, retail, consumer, mortgage, investment and treasury management. ACCOUNTING Beene Garter LLP promoted Brandi clark hubbard, Sarah […]

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Breaking – Titan Trust Bank acquires Union Bank

Titan Trust Bank Limited, directed by Lemo mower, buys 89.39 percent of Union Bank, the two companies announced on Thursday. Titan Trust Bank announced the acquisition of one of from Nigeria oldest banks, Union Bank. Titan Trust Bank Limited, one of from Nigeria most recent commercial banks, which began their activities in October 2019, buys […]

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Titan Trust Bank to acquire Union Bank

A combination of the Titan Trust Bank and Union Bank logos. One of Nigeria’s newest commercial banks, Titan Trust Bank Limited, is in the process of acquiring Union Bank of Nigeria Plc, the latter said. Union Bank Secretary General Somuyiwa Sonubi revealed this in a statement Thursday. According to him, the board of directors of […]

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Co-loan with NBFCs to feed the Union Bank portfolio

Union Bank of India, which expects its retail and MSME portfolio to grow by at least 7,000 crore next year as part of the lending partnership with non-bank financial companies, has set up a dedicated branch to sanction loans within 24 hours. “We are developing specific products adapted to the co-loan model… We already have […]

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Titan Trust Bank acquires majority stake in Union Bank

Titan Trust Bank Limited (TTB) has acquired significant stakes in Union Bank of Nigeria Plc. Somuyiwa Sonubi, secretary of Union Bank, revealed this in a statement published Thursday on the Nigerian Exchange Limited (NGX). According to the statement, Union Global Partners Limited, Atlas Mara Limited and other existing shareholders have agreed to divest 89.39% of […]

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Supreme Court authorizes Union Bank to pursue Petro Union’s $ 15 billion appeal – Nigeria – The Guardian Nigeria News – Nigeria and World News

The Supreme Court yesterday unanimously upheld Union Bank’s appeal, a previous Court of Appeal ruling, which upheld a Federal High Court ruling against it, the Central Bank of Nigeria (CBN), the Minister of Finance and the Attorney General. of the Federation. A Federal High Court had awarded in 2014 the sum of 2.550 billion pounds […]

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Citigroup to sell Philippine consumer assets to Union Bank

(Bloomberg) — Union Bank of the Philippines will buy Citigroup Inc.’s consumer banking assets in the Southeast Asian country for cash consideration plus a premium of 45.3 billion pesos ($904 million). The deal covers the U.S. company’s local credit card, unsecured lending, deposit and investment businesses as well as Citicorp Financial Services and Insurance Brokerage […]

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ksk mahanadi power: SBI and Union Bank to conduct Swiss Challenge auction for KSK Mahanadi Power loans

and have decided to go ahead with the Swiss Challenge auction for KSK Mahanadi Power loans next week despite observations from tax authorities last week that this method is opaque, implying an unholy link between the promoters and the asset rebuilding company, people familiar with the matter said. In the Swiss auction process, lenders first […]

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Citigroup to sell its consumer banking business in the Philippines to Union Bank

By P.R. Venkat Citigroup Inc. is selling its retail banking business in the Philippines with assets worth nearly $1.8 billion to a national bank as part of an exit strategy from retail banking in Asia. Union Bank of the Philippines will also get Citi’s credit cards, personal loans, wealth management and retail deposit business as […]

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Union Bank stabilizes profits with third-quarter loan recoveries of N13 billion

Union Bank of Nigeria Plc achieved reasonable stability in earnings performance at the end of Q3 operations with recovery of approximately N13 billion of impaired loans and significant increase in non-interest income. Management’s aggressive push on loan collections paid off with a record 163% increase in loan collections year-over-year at the end of September 2021. […]

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Union Bank of India holds MSME credit camp in Hyderabad

Hyderabad: The Union Bank of India organized a mega credit camp for MSMEs in Hyderabad as part of its ongoing national campaign for MSMEs Festive Bonanza. Nitesh Ranjan, ED, Union Bank of India pointed out the mega camp. During this special day of camp, Hyderabad Zone mobilized more than 400 new commercial accounts for an […]

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HomeFirst partners with Union Bank of India for co-loan

Union Bank of India (UBI) and Home First Finance Company India Ltd (HomeFirst) enter into a strategic co-loan partnership to provide home loans to clients at competitive interest rates. The partnership aims to take advantage of the strengths of the two entities to offer a transparent experience to individual mortgage clients in the priority sector. […]

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Union Bank of India raises Rs 1,500 crore via Basel-III compliant bond

The state-run Union Bank of India (UBI) raised Rs 1,500 crore by issuing Basel III compliant bonds on a private placement basis. The base size of the bond issue was Rs 500 crore with an option to keep the oversubscription up to Rs 1,000 crore. The bank accepted offers for Rs 1,500 crore, UBI said […]

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LIC of India acquires more than 2% of the capital of Union Bank of India

Life Insurance Corporation of India (LIC) purchased 13 73 79 411 shares, or 2.01% of the capital of Union Bank of India from March 21, 2020 to December 15, 2021. After the transaction, Life Insurance Corporation of India (LIC) increased its stake to 35 31 66 823 shares, or 5.167% of the capital, against 21 […]

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Employees of the now demolished First Union Bank gather where they once worked – Salisbury Post

By Natalie [email protected] SALISBURY – Shae Mills remembers short trips in the 1970s with his colleagues at First Union National Bank to Purcell’s Drug Store in downtown Salisbury for limeades and cherry orangeades. Their choice of “fat spoon” was Bill’s Pastry near OO Rufty’s general store. Denny’s was just down the street as was a […]

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City Union Bank share price: Buy City Union Bank, price target Rs 163: Axis Securities

Axis Securities has a call to buy on City Union Bank with a target price of Rs 163. The current market price of City Union Bank Ltd. is Rs 149.65. The period given by the analyst is 4 weeks when the price of City Union Bank Ltd. can achieve the set goal. City Union Bank […]

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Union Bank of India receives rating action from India Ratings

Union Bank of India has announced that India Ratings and Research has assigned/confirmed the Bank’s bond ratings as follows: Long-term issuer rating – IND AA+/Stable (assigned) ATI Basel III Perpetual Bonds (Rs 1500 crore) (yet to be issued) – IND AA/ Stable (allocated) Basel III Tier II bonds (Rs 5500 crore) – INDA […]

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Union Bank of the Philippines freezes ‘several’ bank accounts amid investigation

Manila: The Central Bank of the Philippines is investigating complaints that some customers of BDO Unibank Inc., the country’s largest lender by assets, lost money due to online fraud involving the use of Union Bank of the Philippines accounts. “We are in close coordination with BDO as well as UBP on this incident to ensure […]

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Union Bank & Trust hires Ash | Commercial achievements

Union Bank & Trust (UBT) is pleased to announce that it has hired Caroline Ash as Vice President – ​​Marketing. Ash brings over 25 years of marketing, communications and sales experience to her new role, in which she will oversee all aspects of marketing and customer success and experiences. This includes corporate branding, communication, digital […]

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Staff asked to follow the “Navratri” dress code or pay a fine; circular later withdrawn

The All India Union Bank Employees Federation (AIUBEF) did not accept the diktat and sent a letter to UBI Managing Director and CEO Rajkiran Rai G., demanding strict action against the Managing Director. The eminent scholar and CPI-M deputy from Madurai, S. Venkatesan, sent a letter to the UBI, calling Raghavendra’s circular “very atrocious”. “This […]

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City Union Bank to start pushing non-gold loan advances by end of FY22

He said post-Covid only 4% to 5% of transactions happened through branches, creating huge capacity once the pace of growth picks up. South India-based private sector lender City Union Bank (CUB) said it would start driving growth in non-gold loan advances by the end of the current fiscal year. In recent quarters, due to the […]

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Market Commentary: Union Bank Confirms Preliminary Discussions with Citigroup to Acquire Retail Banking Assets

Merkado Barkada December 3, 2021 | 8:31 The news broke Union Bank [UBP 111.00 6.42%] was the “surprise pioneer” in the bidding war to acquire the retail banking assets of the US bank Citigroup, which decided at the start of the year to “refresh” its strategy and “double its wealth”. The sale of its retail […]

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Citi said to choose Union Bank as preferred bidder for the Philippines

FILE PHOTO: A pedestrian walks past the Citibank office in Makati financial district in suburban Manila November 18, 2008. (Photo: ROMEO GACAD/AFP via Getty Images) By Manuel Baigorri and Elffie Chew Citigroup Inc. has chosen Union Bank of the Philippines as the preferred bidder to acquire its consumer banking assets in the Southeast Asian country, […]

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Business News | RBI imposes Rs 1 crore penalty on Union Bank of India for failure to comply with certain provisions of its instructions

New Delhi [India], November 29 (ANI): The Reserve Bank of India (RBI) fined the Union Bank of India (UBI) 1 crore for failure to comply with certain provisions of its instructions relating to classification and reporting fraud and selling stressed assets. According to a statement issued by the RBI on November 25, it imposed a […]

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RBI fines Union Bank of India 1 crore rupee

The Reserve Bank of India on Monday imposed a fine of Rs 1 crore on the state-owned Union Bank of India for failing to comply with regulations. The sanction was imposed by an order dated November 25 for non-compliance with certain provisions of the instructions issued by the RBI contained in Reserve Bank of India […]

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RBI imposes ₹1 crore penalty on Union Bank of India

The Reserve Bank of India (RBI) has imposed a fine of ₹1 crore on the Union Bank of India (UBI) for non-compliance with certain provisions of its Fraud Classification and Reporting and Selling Instructions distressed assets. The central bank, in a statement, said its inspection of UBI revealed, among other things, non-compliance with the aforementioned […]

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Link with Union Bank for MSME co-loan; agreement with SBI on cards, said Rajesh Sharma, CEO of Capri Global

In today’s edition of News By Views, Zee Business Editor-in-Chief Anil Singhvi speaks with Rajesh Sharma, Managing Director of Capri Global Capital. It is a non-bank financial company (NBFC) which lends to the MSNE and I also to the financing of housing. Its affordable housing funding is a bigger vertical. It is also present in […]

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Union Bank of India and Capri Global Capital join forces to lend to MSMEs

Union Bank of India has entered into a co-loan partnership with Capri Global Capital, whereby they will disburse loans to MSMEs. Capri Global Capital Ltd (CGCL) is a non-bank finance company focused on MSME lending and affordable housing finance segment. The co-loan agreement aims to improve last mile financing and promote financial inclusion of MSMEs […]

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capri global capital: CGCL partners with Union Bank of India to help MSMEs

Capri Global Capital Limited (CGCL), an NBFC focused on MSMEs and Affordable Housing Finance segment, has entered into a co-loan agreement with Union Bank of India (UBI), to offer loans to MSMEs. Through this collaboration, CGCL and UBI aim to disburse loans to MSMEs in over 100 outlets across India. Disbursement of the loan under […]

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Community groups call for hearings on U.S. Bank-Union Bank deal

Community groups have begun negotiations with US Bancorp over mortgage aid and payments to nonprofit financial organizations in an investment deal that would pave the way for the pending acquisition. MUFG Union Bank company. Those involved in the talks expect the final price to exceed the $ 88 billion commitment of Pittsburgh’s PNC Financial Services […]

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Union Bank & Trust promotes Soullière | Commercial achievements

Union Bank & Trust recently promoted Miranda Soulliere to the Vice President – Director of Business Development at his University of Nebraska-Lincoln (UNL) location. Soulliere joined Union Bank in 2007 and has served as Personal Banker, Branch Manager, Head of Residential Real Estate Loans and most recently Assistant Vice President of Customer Service. In her […]

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Union Bank wins the FMDQ CP award

Union Bank Plc received an award for Largest Commercial Paper Deposit in the Primary Market Price Category at the just concluded FMDQ GOLD Awards. This is a prize awarded to the issuer with the highest total value of commercial paper admitted to the FMDQ depositary during the year in view. Union Bank received the award […]

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Union Bank of India consolidated net profit jumps 183% to Rs 1,510 crore

State-owned Union Bank of India on Tuesday announced a 183% increase in its consolidated net profit to 1,510 crore rupees for the September 2021 quarter, mainly due to the takeover of the DHFL account which was written off earlier. . The lender’s net profit stood at Rs 533.87 crore in the corresponding quarter of last […]

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Millionaires emerge in Union Bank promo

Posted November 3, 2021 The Union Bank of Nigeria Plc said on Tuesday that three winners took home 1 million naira each in their “Save & Win Palli Promo” in the first quarterly draw. The bank said in a statement that during the electronically generated draws, which were overseen by the relevant regulatory bodies, Bita […]

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Union Bank of India consolidated net profit jumps 183% to Rs 1,510 cr in September quarter

Bank shares gained 6% on Tuesday to close at Rs 49.45 a piece on BSE State-owned Union Bank of India on Tuesday announced a 183% increase in its consolidated net profit to 1,510 crore rupees for the September 2021 quarter, mainly due to the takeover of the DHFL account which was written off earlier. . […]

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Union Bank Q3 profit drops amid moratoriums, weak commercial income and loan growth – Financial News

The Union Bank of Colombo PLC saw its profits plummet in the three months to September as consecutive loan moratoria extended to borrowers affected by the pandemic hurt its interest income as exchange rate volatility and limited business opportunities weighed on business income. Borrowings also continued to slide as the bank’s assets contracted. The bank […]

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Union Bank & Trust hires Dalka | Commercial achievements

Union Bank & Trust (UBT) recently hired Andy dalka as vice president – business development officer in his pension plan services department. Dalka brings over 10 years of experience to his new role, in which he will create pension plan solutions for clients, act as an advisor to plan sponsors, provide insight and analysis of […]

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City Union Bank (NSE: CUB) Five-Year Profit Growth Below 7.6% Annual Shareholder Return

If you buy and hold a stock for many years, you hope to make a profit. Better yet, you would like to see the stock price rise more than the market average. Corn City Union Bank Limited (NSE: CUB) failed to meet this second target, with the share price rising 43% over five years, which […]

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Millionaires emerge in Union Bank’s Save and Win Palli promotion

Through Omodele Adigun UNION The Bank’s Save & Win Palli promotion got even more exciting as three lucky customers recently won 1 million Naira each in the first quarterly draw. During the electronically generated transparent prints that were overseen by the relevant regulatory bodies, Bita Bukar Bulama from Maiduguri; Muhammed Issa Funsho from Lekki, Lagos […]

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Here is your Union Bank routing number

jejim / Shutterstock.com Union Bank operates under its parent company Mitsubishi UFJ Financial Group. The company claims to have a global vision to be the most trusted financial group in the world and considers integrity, respect and service to be one of its core values. If this sounds like a bank you want to do […]

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UCO Bank Chairman AK Goel is new IBA Chairman and succeeds Union Bank MD

AK Goel, Managing Director & CEO (MD & CEO), UCO Bank is the new chairman of the banking industry lobby group Indian Bank’s Association for 2021-2022. He succeeds Rajkiran Rai G, Managing Director and CEO of Union Bank of India. IBA’s board of directors, at its meeting on October 14, 2021, elected Goel president of […]

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Union Bank of India staff asked to follow the ‘Navratri’ dress code or pay a fine!

In a strange development, the public sector lender, the Union Bank of India, had demanded that some of its staff adhere to a special “Navratri” dress code or be prepared to pay fines. The detailed order came on a colorful circular issued on October 1 by the Digitization Department, at the Mumbai central office, signed […]

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Union Bank faces Rs 200 fine for violation of Navratri dress code; withdraw the order

After members of the All India Union Bank Employees Federation wrote to Union Bank Managing Director and CEO Raj Kiran Rai G, the back office central office digitization department withdrew its official instruction which required all employees to dress according to a define a color code on the nine days of Navratri. The employees, who […]

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Fitch Ranks Union Bank Outlook ‘B-‘

Through Omodele Adigun Following As part of a comprehensive rating process, Fitch Ratings has confirmed Union Bank’s long-term issuer default rating of “B-” with a stable outlook. The lender’s long-term national rating was also upgraded from “BBB-” to “BBB”, with its short-term national rating upgraded from “F3” to “F2”. According to the rating agency, the […]

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Union Bank of the Philippines opens Fintech headquarters in Singapore

UBX, a fintech subsidiary of Union Bank, is expanding its operations in Singapore while considering growth in Asia. UBX, the financial technology venture capital studio and Union Bank fund, hopes its Singapore headquarters will be a bridge for startups to enter the Philippine market, according to an announcement made on Tuesday. The operations will be […]

Union bank

Fitch Union Bank B- rate, outlook stable

Fitch Ratings has confirmed Union Bank’s long-term issuer default rating of ‘B- with a stable outlook. A statement titled “Fitch says Union Bank is at ‘B-‘, outlook stable,” said this followed a full rating process. The lender’s long-term national rating was also upgraded from “BBB- (nga)” to “BBB (nga), and its national short-term rating was […]

Union bank

US Bancorp agrees to buy MUFG Union Bank for US $ 8B

US Bancorp has agreed to buy the US regional bank from Mitsubishi UFJ Financial Group for around US $ 8 billion, spanning the west coast as consolidation in the financial sector intensifies. MUFG Union Bank NA’s price includes $ 5.5 billion in cash and about 44 million US Bancorp common shares, according to a statement […]

Union bank

Union Bank will continue to focus on retail banking, SMEs

Through Chinwendu Obienyi In In order to remain the most reliable partner for Nigerian businesses, the Union Bank of Nigeria Plc (UBN) said it will continue to focus on retail banking and SME support. Its brand and marketing director, Ogochukwu Ekezie-Ekaidem, said this in an interactive session with senior bank officials via zoom. Ekezie-Ekaidem explained […]

Union bank

Union Bank Sees ‘Huge Opportunity’ for GR Region Market Share with New Headquarters

BIG FAST TWP. – The move of its head office closer to Grand Rapids will give Union Bank greater presence in a growing market in recent years. The Lake Odessa-based community bank opened the new office at 670 Cascade West Parkway SE in Grand Rapids Township last month. Conceived by Ghafari Associates inc., the office […]