Ub Finance Plc

UB Finance PLC was formed by Sri Lanka’s premier financial institution, Union Bank of Colombo PLC with its international strategic investment partner in 2012 being the first licensed finance company in Sri Lanka to be backed by a private commercial bank. In 2023, CG Capital Partners Global Pte. Ltd, one of the leading conglomerates in the Asia, became the main stake holder of the Company with the acquisition of Culture Financial Holdings Ltd, a majority shareholder in Union Bank of Colombo PLC. CG Corp Global established in 1935, is the holding company of CG Capital Partners Global Pte Ltd and takes pride as one of the leading conglomerates in Asia with over 160 companies, 123 brands in the global market and the strength of more than employees. It is a key player in many diverse industries various industries, including banking & finance, food & beverage, hospitality, real estate, education, consumer electronics, cement, hydro power, telecommunication and Infrastructure. The Company is a major player in the financial services sector in Nepal, being the largest shareholder of Nabil Bank which is listed as the largest private bank on the Nepalese Stock Exchange. The Board of Directors of UB Finance PLC is led by Chairman, Mr. Sabry Ghouse, an experienced, veteran banker with extensive experience in the banking and financial service industry. The Directorate comprise of unique and diverse combination of local and international business professionals including Chairman, Mr. Ransith Karunaratne (Chief Executive Officer) Mr. Moahan Balendra, Mr. Jayendra Setukavalar, Mr. Sanjay Pokhrel, Mr. Mohan J Ratnayake, Prof.Ajantha Dharmasiri and Mr. Dilshan Rodrigo and Shankanada Yapa Abeywardena, whose expertise will no doubt transform UB Finance to a flagship brand in the financial services industry in Sri Lanka. UB Finance, licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange, specializes in asset-backed financing for SMEs,