Wednesday Dec 11, 2024
Wednesday Dec 11, 2024
Tuesday, 1 March 2016 00:03 - - {{hitsCtrl.values.hits}}
UB Finance Company Ltd. (UBF), who became the most recent sponsor of The Management Club (TMC) joined hands with TMC to be a part of their CSR program ‘Enable the Disabled’ (ETD).
This new CSR initiative which contributes towards the ETD program was launched by UBF exclusively for the members of TMC under the title of ‘Save for a Cause’ at the 12th Annual General Meeting of The Management Club Colombo held at the Galadari Hotel on 9 February, under the patronage of the President and the members of TMC and Director/CEO and officials of UBF. The main highlight of this scheme is that for any Fixed Deposit made by a TMC member, UBF will contribute a percentage of the deposit value towards the ETD program.
ETD is the stand alone CSR arm of TMC, which focuses on programs to support the differently abled persons all over the county. It also carries out very significant and meaningful programs on a national scale to recognise and bring out the abilities of the differently abled persons.
UBF was formed by Sri Lanka’s premier financial institution, Union Bank of Colombo PLC and its US based strategic investment partner, Shore Cap II Ltd. in the year 2011, which lead UBF to achieve its distinctive status in the finance market, as the first finance company to be backed by a commercial bank in the private sector. It is a licensed finance company with a rating of BB Stable issued by ICRA Lanka Limited, which promises high service standards to their customers providing an enhanced range of financial offerings that include Fixed Deposits, Up-Front Interest Deposits (Save n’ Shop), Real Estate, Leasing, Loans, Factoring and working capital solutions.
Therefore being in line with UBF’s mission of being a responsible corporate citizen towards the betterment of the society, this CSR initiative will enable UBF to contribute towards uplifting the social standing of the differently abled people in the society.
