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| logo_size = 150px
| logo_size = 150px
| type = [[Public]]
| type = [[Public]]
| traded_as = {{Unbulleted list
| traded_as = {{ubl|{{NSE|CUB}}|{{BSE|532210}}}}
| {{BSE|532210}}
| {{NSE|CUB}}
}}
| industry = [[Banking]], [[Financial service]]s
| industry = [[Banking]], [[Financial service]]s
| foundation = {{Start date and age|1904|p=yes}}
| foundation = {{Start date and age|1904|p=yes}}
| founders = {{Unbulleted_list|R. Santhanam Iyer|S. Krishna Iyer|V. Krishnaswami Iyengar}}
| founders = {{Unbulleted_list|R. Santhanam Iyer|S. Krishna Iyer|V. Krishnaswami Iyengar}}
| location = [[Kumbakonam]], [[Tamil Nadu]], India
| location = [[Kumbakonam]], [[Tamil Nadu]], India
| num_locations = 799 branches <ref name="CUB BalSheet 2016-17"/>
| num_locations = 800 branches (2024) <ref name="BalSheet"/>
⚫
| key_people = {{Unbulleted_list|M.Narayanan<br>{{small|(Chairman)}}<ref name="BalSheet"/>|Dr. N. Kamakodi<br>{{small|([[Managing director|MD]] & [[CEO]])}}}}
| num_locations_year = 2021-2024
⚫
| key_people = {{Unbulleted_list|M.Narayanan<br>{{small|(Chairman)}}<ref>{{cite web|url=https://www.cityunionbank.com/web-page/directors|title=bod}}</ref>|Dr. N. Kamakodi<br>{{small|([[Managing director|MD]] & [[CEO]])}}}}
| products = [[Asset management]], [[Retail banking|Consumer banking]], [[Commercial bank|Corporate banking]], [[Finance and Insurance]], [[Forex]], [[Investment banking]], [[Mortgage loan]]s, Payment solutions, [[Private banking]]
| products = [[Asset management]], [[Retail banking|Consumer banking]], [[Commercial bank|Corporate banking]], [[Finance and Insurance]], [[Forex]], [[Investment banking]], [[Mortgage loan]]s, Payment solutions, [[Private banking]]
| revenue = {{Profit}} {{INRConvert|6012.22|c}} (2024) <ref name="BalSheet">[https://www.cityunionbank.com/assets/frontend/pdf/july24/ANNUALREPORT2023-24.pdf "Balance Sheet 31.03.2024"]. cityunionbank.com (28 October 2024).</ref>
| revenue = {{Profit}} {{INRConvert|4863.90|c|link=yes}}<ref>{{cite news |title=City Union Bank Q4 results: Reports Rs 95.25 crore loss |url=https://economictimes.indiatimes.com/markets/stocks/earnings/city-union-bank-q4-results-reports-rs-95-25-crore-loss/articleshow/76447551.cms |work=The Economic Times |date=18 June 2020}}</ref><ref name="CUB BalSheet 2016-17">[https://commons.wikimedia.org/wiki/File:City_Union_Bank_Annual_Report_2016-17.pdf CUB Annual Report 2016-17]</ref><ref name="CUB FY Report">[https://www.moneycontrol.com/annual-report/cityunionbank/CUB/2017 "Balance Sheet 2017-18"]</ref>
⚫
| operating_income = {{Decrease}} {{INRConvert|1516.73|c}} (2024) <ref name="BalSheet"/>
| revenue_year = 2022
| operating_income = {{Profit}} {{INRConvert|3109.50|c}} <ref name="CUB BalSheet 2016-17"/><ref name="CUB FY Report"/>
| net_income = {{Profit}} {{INRConvert|1015.73|c}} (2024) <ref name="BalSheet"/>
⚫
| assets = {{Profit}} {{INRConvert|70825.86|c}} (2024) <ref name="BalSheet"/>
| income_year = 2022
| equity =
⚫
| net_income = {{Profit}} {{INRConvert|760.20|c}} <ref name="CUB BalSheet 2016-17"/><ref name="CUB FY Report"/>
⚫
| num_employees = 7188 (2024) <ref name="BalSheet"/>
| net_income_year = 2022
| assets = {{Profit}} {{INRConvert|61530.90|c}} <ref name="CUB BalSheet 2016-17"/><ref name="CUB FY Report"/>
| ratio = 23.7% (2024) <ref name="BalSheet"/>
| assets_year = 2022
⚫
| equity = {{Increase}} {{INRConvert|3051.99|c}} <ref name="CUB BalSheet 2016-17"/><ref name="CUB FY Report"/>
| equity_year = 2016
⚫
| num_employees = 5478 <ref name="CUB BalSheet 2016-17"/><ref name="CUB FY Report"/>
| num_employees_year = 2019
| ratio = 12.76% <ref name="CUB BalSheet 2016-17"/><ref name="CUB FY Report"/>
| homepage = https://www.cityunionbank.com/
| homepage = https://www.cityunionbank.com/
}}
}}


'''City Union Bank Limited''' is an Indian private sector [[bank]] headquartered in [[Kumbakonam]], [[Tamil Nadu]]. The bank was initially named '''Kumbakonam Bank Limited''', and was incorporated on 31 October 1904. The bank preferred the role of a regional bank in the [[Thanjavur district]] of [[Tamil Nadu]]. In [[Fiscal year|FY]]2022 the bank had a market capitalization of {{INRConvert|93.62|B}} and operated 774 branches, and 1762 ATMs.<ref name="CUB BalSheet 2016-17"/>
'''City Union Bank Limited''' is an Indian private sector [[bank]] headquartered in [[Kumbakonam]], [[Tamil Nadu]]. The bank was initially named '''Kumbakonam Bank Limited''', and was incorporated on 31 October 1904. The bank preferred the role of a regional bank in the [[Thanjavur district]] of [[Tamil Nadu]]. In [[Fiscal year|FY]]2022 the bank had a market capitalization of {{INRConvert|93.62|B}} and operated 774 branches, and 1762 ATMs.<ref>https://www.moneycontrol.com/annual-report/cityunionbank/CUB/2017 "Balance Sheet 2017-18</ref>


==History==
==History==

Latest revision as of 15:53, 28 October 2024

City Union Bank Limited
Company typePublic
IndustryBanking, Financial services
Founded1904 (121 years ago) (1904)
Founders
  • R. Santhanam Iyer
  • S. Krishna Iyer
  • V. Krishnaswami Iyengar
HeadquartersKumbakonam, Tamil Nadu, India
Number of locations
800 branches (2024) [1]
Key people
  • M.Narayanan
    (Chairman)[1]
  • Dr. N. Kamakodi
    (MD & CEO)
ProductsAsset management, Consumer banking, Corporate banking, Finance and Insurance, Forex, Investment banking, Mortgage loans, Payment solutions, Private banking
RevenueIncrease ₹6,012.22 crore (US$700 million) (2024) [1]
Decrease ₹1,516.73 crore (US$180 million) (2024) [1]
Increase ₹1,015.73 crore (US$120 million) (2024) [1]
Total assetsIncrease ₹70,825.86 crore (US$8.3 billion) (2024) [1]
Number of employees
7188 (2024) [1]
Capital ratio23.7% (2024) [1]
Websitehttps://www.cityunionbank.com/

City Union Bank Limited is an Indian private sector bank headquartered in Kumbakonam, Tamil Nadu. The bank was initially named Kumbakonam Bank Limited, and was incorporated on 31 October 1904. The bank preferred the role of a regional bank in the Thanjavur district of Tamil Nadu. In FY2022 the bank had a market capitalization of ₹93.62 billion (US$1.1 billion) and operated 774 branches, and 1762 ATMs.[2]

History

[edit]

The City Union Bank Limited was originally incorporated under the name Kumbakonam Bank as a limited company on 31 October 1904. The bank preferred a regional role and adopted an agency model in the initial years. The first branch was opened in 1930. In 1987, the name of the bank was changed to City Union Bank.[3]

See also

[edit]

References

[edit]
  1. ^ a b c d e f g h "Balance Sheet 31.03.2024". cityunionbank.com (28 October 2024).
  2. ^ https://www.moneycontrol.com/annual-report/cityunionbank/CUB/2017 "Balance Sheet 2017-18
  3. ^ "70 companies with pre-1947 roots: 1904: Kumbakonam Bank Ltd". LiveMint. LiveMint.com. 24 August 2017. Retrieved 18 October 2020.


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