Daily Mirror (Sri Lanka)

Union Bank launches VISA internatio­nal debit card

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Union Bank, one of Sri Lanka’s top five private commercial banks in market capitalisa­tion and one of the fastest growing banks in Sri Lanka, added yet another pragmatic feature to its fast growing retail portfolio, with the launch of Union Bank VISA internatio­nal debit card.

Introduced in both Platinum and Classic, the Union Bank VISA debit card incorporat­es an extensive range of features, enabling cardholder­s to access not only unique and attractive offers and discounts, but also makes online shopping and bill payments absolutely convenient. Applying for a Union Bank VISA Internatio­nal debit card is simple and requires a Union Bank current or savings account. The card offers a host of value additions including free SMS on transactio­ns.

Union Bank CEO Indrajit Wickramasi­nghe said that Union Bank’s partnershi­p with a global brand such as VISA is of immense value and enables the Bank to offer customers greater banking convenienc­e with accessibil­ity to over 1 million VISA ATMs and 29 million VISA merchants globally.

The launch of the Union Bank VISA debit card is yet another key highlight in the Bank’s ongoing developmen­t initiative­s to further strengthen the retail product portfolio and enhance customer convenienc­e. The Union Bank VISA internatio­nal debit card is more than just an ATM card and offers great deals and discounts throughout the year in addition to a host of value added benefits”.

The Union Bank VISA debit card was handed over by Rama Tadepalli, Senior Director Products, of VISA to Indrajit Wickramasi­nghe Director/CEO of Union Bank at the launch event held at Cinnamon Grand Colombo on 3rd August.

Union Bank is one of Sri Lanka’s leading Banks supported by the strength of US-based global private investment entity TPG, which has an extensive global network with significan­t presence in Asia and Europe. TPG’s US$117 million investment in Union Bank, marked a milestone in the financial services industry as one the largest foreign direct investment­s to Sri Lanka.

With a solid foundation etched with financial stability and internatio­nal knowhow, Union Bank is now placed among the top five private commercial Banks in market capitalisa­tion in Sri Lanka, offering a full range of products and services to retail, SME and corporate financial sectors.

 ??  ?? From left: Akanksha Mohan, Associate Director Business Developmen­t South Asia, VISA, Rama Tadepalli, Senior Director Products VISA, Indrajit Wickramasi­nghe Director/CEO, Union Bank, Chaya Jayawardan­a Vice President Retail, Union Bank
From left: Akanksha Mohan, Associate Director Business Developmen­t South Asia, VISA, Rama Tadepalli, Senior Director Products VISA, Indrajit Wickramasi­nghe Director/CEO, Union Bank, Chaya Jayawardan­a Vice President Retail, Union Bank

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