City Union Bank is an old generation private sector bank in existence for more than 100 years and a network of 475 branches. Higher loan losses followed by higher credit cost and slower advances growth are the 3 main issues that have marred the earnings of CUB over the past couple of years. However, we expect the improvement in economy to address many of the issues faced by the bank. The bank is adequately capitalized for future growth with CAR of 16.5%.