City Union Bank

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City Union Bank
Public
Traded as BSE532210
NSECUB
Industry Banking
Financial services
Founded 1904
Headquarters Kumbakonam, Tamil Nadu, India
Key people
Dr. N. Kamakodi
(MD & CEO)
Products Investment Banking
Commercial Banking
Retail Banking
Private Banking
Asset Management
Mortgages
Forexs
Revenue Increase2,944.21 crore (US$460 million) (2016)[1]
Increase833 crore (US$130 million) (2016)[1]
Increase445 crore (US$69 million) (2016)[1]
Total assets Increase31,252 crore (US$4.9 billion) (2016)[1]
Total equity Increase3,051.99 crore (US$470 million)[1]
Number of employees
4,517 (2016)[1]
Capital ratio 12.76% [1]
Website Cityunionbank.com

City Union Bank is an Indian bank. The Kumbakonam Bank Limited, as it was at first called, was incorporated as a limited company on 31 October 1904. The bank initially preferred the role of a regional bank in the Thanjavur District Tamil Nadu.

City Union Bank has now a strong network of 525 computerized branches and 1292 ATMs which is spread throughout India.[2]

In December 2006 Larsen & Toubro bought 10% of the bank.[3]

The bank celebrated its 110th years of service on 31st October 2014. [4]

References[edit]

  1. ^ a b c d e f g "Balance Sheet 31.03.2016". cityunionbank.com (14 February 2017).
  2. ^ "City Union Bank IFSC Code". Retrieved 22 January 2015. 
  3. ^ "L&T arm buys 10% in City Union Bank". 1 December 2006. Retrieved 22 January 2015. 
  4. ^ (PDF) http://www.cityunionbank.com/PageMenuDocs/CUBPRESSRELEASE_SEP_2014.pdf.  Missing or empty |title= (help)

External links[edit]