About UB Finance PLC Products & Market Focus Leadership & Organizational Reach Credit Profile & Strategic Outlook Contact – Corporate Office
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.
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.
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.
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.
Address: No 10, Daisy Villa Avenue, Colombo 04, Sri Lanka
Tel: +94 11 446 8888
Email: [email protected]
Website: ubf.lk
| Accepted Currencies: | Sri Lankan Rupees, USD |
|---|---|
| Payment Types: | Cash, Credit Card |
| 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 |
Best Offers
Listings » Finance » Investment & Loan Services
98 Ward Pl, Colombo 00700 Colombo, Western Sri Lanka
Founded in 1956, Alliance Finance Company PLC (AFC) is Sri Lanka’s oldest licensed finance company, offering robust financial services across leasing, loans, savings, deposits, and gold-backed products. From its Head Office on Ward Place, AFC operates with a deep commitment to sustainability and digital innovation, serving individuals, SMEs, and corporates nationwide through diversified offerings and a wide-reaching branch network.
Listings » Finance » Investment & Loan Services
120,120A, Pannipitiya Road Battaramulla Colombo, Western Sri Lanka
Assetline Finance Limited, a finance company licensed by the Central Bank of Sri Lanka since 2022, is the flagship entity under DPMC Assetline Holdings. With origins dating back to 2003, Assetline has evolved from a specialized leasing firm into a comprehensive financial services provider offering leasing, SME loans, trade finance, mutual funds, insurance brokering, investment management, and corporate services—operating through a robust island-wide network for enhanced financial inclusion.
Listings » Finance » Investment & Loan Services
28 St Michaels Rd, Colombo 00300 Colombo, Western Sri Lanka
Established in 1982 as Sri Lanka’s first merchant bank and now licensed under the Finance Business Act, Merchant Bank of Sri Lanka & Finance PLC (MBSL) is a prominent NBFI and a subsidiary of the Bank of Ceylon. The Head Office at BOC Merchant Tower on Galle Road anchors a comprehensive suite of personal, lending, corporate advisory, capital markets, and insurance services, supported by a 47-branch network across the island and a robust Fitch “A (lka)” credit rating.
Darley Rd, Colombo 01000 Colombo, Western Sri Lanka
Janashakthi Insurance PLC, Sri Lanka’s pioneering specialized life insurer, was incorporated in 1992 and began operations in 1994. Headquartered at Bishop’s Gate Building, Colombo 10, it offers a full suite of life and health insurance solutions for individuals and corporates, underpinned by strong financials, strategic leadership, and active contributions to sports and community development.
No 275/75 Prof Stanley Wijesundera Mawatha, Colombo 00700 Colombo, Western Sri Lanka
LB Finance PLC, founded in 1971 and listed on the CSE since 1997, is one of Sri Lanka’s largest and most diversified non-bank financial institutions. Headquartered at Prof. Stanley Wijesundera Mawatha, Colombo 7, it’s part of the Vallibel One conglomerate and delivers services such as leasing, loans, gold, savings, Islamic financing, and digital banking—supported by a robust branch network exceeding 175 locations nationwide.
168, Nawala Road, Nugegoda Colombo, Western Sri Lanka
HNB Finance PLC, incorporated in 1999 as a licensed NBFI and a subsidiary of Hatton National Bank PLC, offers a rich suite of financial solutions, including leasing, SME and housing loans, gold loans, savings, fixed deposits, microfinance, and digital banking. Located at Nawala Road, Nugegoda, the Head Office drives a network of 79 branches, anchored by strong governance and a healthy “AA(lka)” rating from Fitch.
187 Katugastota Rd, Kandy 20000 Kandy, Central Sri Lanka
CBC Finance Ltd is a licensed Non-Bank Financial Institution (NBFI) in Sri Lanka and a 100% subsidiary of Commercial Bank of Ceylon PLC. Founded as Indra Finance in 1987 and rebranded in 2020, the company provides a diverse portfolio that includes leasing, mortgage loans, gold loans, fixed deposits, and tailored business finance solutions through a network of 19 branches island-wide.
456 R. A. De Mel Mawatha, Colombo Colombo, Western Sri Lanka
Abans Finance PLC is a leading Sri Lankan non-bank financial institution, part of the diversified Abans Group. Based at its Head Office in Colombo, the company specializes in leasing, hire purchase, personal and mortgage loans, as well as savings and fixed-deposit products. With a strong presence across the island, ABFPL supports consumer finance and credit solutions for individuals and businesses, anchored in trusted corporate governance.