City Union Bank


The bank, ‘The Kumbakonam Bank Limited’ as it was then called was incorporated as a limited company on 31st October, 1904. The first Memorandum of Association was signed by twenty devoted and prominent citizens of Kumbakonam including Sarvashri R. Santhanam Iyer, S.Krishna Iyer, V.Krishnaswami Iyengar and T.S.Raghavachariar. T.S.Raghavachariar was the First Agent of the Bank. In 1908, he was succeeded by Shri R. Santhanam Iyer who became the Secretary of the bank under the amended Articles of Association which created the office of a Secretary to be in charge of the Bank’s Management in the place of the Agent, which post he held till his death in 1926. He was succeeded by Shri. S. Mahalinga Iyer as Secretary who subsequently became the First full-time Managing Director of the bank in tune with the amendment of Articles in 1929. He held the position of Secretary from 1926 to 1929 and that of Managing Director from 1929 to 1963.

Bank Name City Union Bank
Stock Exchange NSE
Symbol CUB
Sector Financial Services
Industry Banks – Regional – Asia
Country India
World Region Asia
Chairman
CEO Dr. N. Kamakodi B.Tech
Employees 4689
Website www.cityunionbank.com
Registered Year 1904

 

Currency in INR        
  2018 2017 2016 2015
  ₹ cr ₹ cr ₹ cr ₹ cr
Revenue        
Total interest income 3.40 3.17 2.94 2.70
Total Interest Expenses 1.97 1.98 1.96 1.89
Net Interest income 1.43 1.20 0.98 0.81
Total Net Revenue 1.96 1.68 1.39 1.21
         
Earnings per share        
Basic 0.00 0.00 0.00 0.00
Diluted 0.00 0.00 0.00 0.00
         
Assets        
Total current assets 2.64 3.52 3.2 3.08
Other assets 29.2 24.5 21.56 18.71
Total assets 39.94 35.27 31.8 27.87
Total current liabilities 34.59 31.09 27.56 24.46
Total liabilities 35.77 31.7 28.75 25.18
Total Equity 4.16 3.57 3.05 2.7
         
Net income        
Net cash provided by operating activities 0.28 0.20 0.13
Net cash used for investment activities 0.05 0.06 0.06
Net cash provided by financing activities 0.00 0.08 0.29
         
         
Source: www.cityunionbank.com        
Currency in Rupees, All Numbers in Crores.        

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