UB Finance PLC – Strategic Asset-Backed Lending & Investment Solutions

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10,Daisy Villa Avenue Colombo 4
Colombo, Western 00400 Sri Lanka

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About

About UB Finance PLC
UB Finance PLC was established in 2012 by Union Bank of Colombo PLC as Sri Lanka’s first licensed finance company backed by a private bank. In 2023, CG Capital Partners Global acquired the majority stake via Culture Financial Holdings. UB Finance is licensed by the Central Bank and listed on the Colombo Stock Exchange.

Products & Market Focus
UB Finance serves retail and SME clients through asset-backed financing solutions including fixed deposits, savings accounts, auto and machinery leasing, easy drafts, mortgage loans, gold loans, working capital via factoring, and real estate financing. The firm also operates an auto-deal business for vehicles and commercial equipment.

Leadership & Organizational Reach
Led by a diverse board headed by Interim Chairman Sabry Ghouse and CEO Ransith Karunaratne, the company combines governance strengths from Union Bank and CG Corp Global. It maintains an extensive national branch network and a financial infrastructure designed for scale and regional reach.

Credit Profile & Strategic Outlook
Fitch affirms UB Finance’s rating at BB(lka) with a Negative outlook, reflecting reliance on strong group support and moderate standalone strength. Its leadership in factoring and asset finance supports clients in liquidity and growth, especially focused on SMEs and underserved retail segments.

Contact – Corporate Office
Address: No 10, Daisy Villa Avenue, Colombo 04, Sri Lanka
Tel: +94 11 446 8888
Email: [email protected]
Website: ubf.lk

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Accepted Currencies: Sri Lankan Rupees, USD
Payment Types: Cash, Credit Card

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Location

Opening Hours

Mon 09:00 AM - 05:00 PM
Tue 09:00 AM - 05:00 PM
Wed 09:00 AM - 05:00 PM
Thu 09:00 AM - 05:00 PM
Fri 09:00 AM - 05:00 PM
Sat Closed
Sun Closed

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