City Union Bank

City Union Bank

Type	Public
Traded as	BSE: 532210 NSE: CUB
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	₹2,944.21 crore (US$460 million) (2016)^[1]
Operating income	₹833 crore (US$130 million) (2016)^[1]
Net income	₹445 crore (US$69 million) (2016)^[1]
Total assets	₹31,252 crore (US$4.9 billion) (2016)^[1]
Total equity	₹3,051.99 crore (US$480 million)^[1]
Number of employees	4,517 (2016)^[1]
Capital ratio	12.76% ^[1]
Website	www.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

1 2 3 4 5 6 7 "Balance Sheet 31.03.2016". cityunionbank.com (14 February 2017).
↑ "City Union Bank IFSC Code". Retrieved 22 January 2015.
↑ "L&T arm buys 10% in City Union Bank". 1 December 2006. Retrieved 22 January 2015.
↑ (PDF) http://www.cityunionbank.com/PageMenuDocs/CUBPRESSRELEASE_SEP_2014.pdf. Missing or empty |title= (help)

External links

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