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City Union Bank

City Union Bank
Public
Traded as
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 Increase2,944.21 crore (US$440 million) (2016)
Increase833 crore (US$120 million) (2016)
Increase445 crore (US$66 million) (2016)
Total assets Increase31,252 crore (US$4.6 billion) (2016)
Total equity Increase3,051.99 crore (US$450 million)
Number of employees
4,517 (2016)
Capital ratio 12.76%
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.

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

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


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