UOB
UOB is a bank in Asia that provides a wide range of financial services such as personal financial services, private banking, business banking, commercial and corporate banking, transaction banking, investment banking, corporate finance, capital market activities, treasury services, brokerage and clearing services, asset management, venture capital management and insurance.
See below for the Latest UOB News, Analysis, Profit Results, Share Price Information, and Commentary.
Interest rates will be Singapore banks’ boon and bane through 2023: analyst
It’ll benefit them over the next three quarters, but asset quality may deteriorate after.
Interest rates will be Singapore banks’ boon and bane through 2023: analyst
It’ll benefit them over the next three quarters, but asset quality may deteriorate after.
UOB’s net profit soars 34% YoY in Q3
The increase was driven by strong net interest income amongst others.
UOB launches expanded U-Solar programme in Singapore
U-Solar 2.0 will be rolled out in Malaysia, Thailand, and Indonesia in Q1 2023.
Singaporeans still keen on ATMs, branch banking: study
3 in 4 Singaporeans still frequently use ATMs.
Banks warned vs risks of North Asia exposure, NPLs: Maybank
North Asia non performing loans went up 8% to 191% quarter-on-quarter.
UOB unveils refreshed branding with new logo, seal mark
The bank will also be kicking off a regional brand campaign involving TV films and ads.
UOB Infinity rolls out new financial supply chain management services
The features will be rolled out to clients outside of Singapore, Hong Kong at a later stage.
UOB, Doxa, move Kimly Construction trade financing processes online
Processes affected include the creation of invoices, uploading and validation of supporting documents.
How Singapore banks are closing the gender gap
Most banks have already exceeded the 2021 regional average of 18.5% employed women per firm.
Singapore big three banks poised for earnings growth
UOB, OCBC, and DBS have strong non-interest incomes.
DBS raises fixed home loan rate, scraps 5-year fixed package: report
The new rate is 0.03 percentage points higher than the previous 2-year fixed rate.
UOB prices $400m perpetual capital securities
It will be issued under a $41.5b (US$30b) global medium term note programme.
UOB signs MOU with Korean Housing Finance Corp
UOB will support KHFC’s bid to expand in Southeast Asia.
Singapore banks report lower earnings in unison
DBS, OCBC, and UOB all saw their profits fall 10% year-on-year.
UOB profits down 11% to S$906m in Q1 amidst market volatility
Loan fees grew, but credit card and wealth fees recorded declines.
Trading risks to weigh on Singapore Big Three Banks’ Q1 earnings: Maybank
But core businesses are expected to show resilience.
UOB chief’s salary climbs to S$10.9m in 2021
The group also reported a 40% surge in net profits for 2021.
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