In order to expand its banking network, City Union Bank has decided to roll out 75 new branches by the end of current year. By launching the 75 new branches the bank will have total of 500 branches all over the country.
At present the bank is having total number of 950 ATMs, bank is planning to expand the ATM network as well up to 1,250 ATMs. The bank has also upgraded its core banking platform. The new core banking will enable the bank to connect more branches to its core system.
An increase of 10% is noticed in the business of the bank, in comparison to the business of the previous year. The asset quality of the bank is one among the best in the banking industry in the country.