Union Bank of Colombo to introduce core banking solution

Union Bank of Colombo will be introducing a new state of the art Core Banking Solution that adds further value to improving its management processes and service delivery.

Nilanth de Silva, Chief Operating Officer of Union Bank and Chee Chin Leong, President, Business Alliances of Silverlake Systems UBC has picked the internationally renowned Banking solutions supplier, Silverlake Systems, Malaysia to implement the core banking system that will enhance the Banks already technologically driven management process to even greater heights.

Union Bank is synonymous for its Technology driven innovations and has introduced several firsts to the Banking industry in Sri Lanka, including internet Banking, E Cheques and the recently launched TV Banking solution, taking Banking convenience to a new dimension.

Nilanth de Silva, Chief Operating Officer of UBC stated that the Bank will be investing in excess of 6 million US dollars in implementing the system, further highlighting its commitment to operational stability.

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