Wee Ee Cheong, chief executive officer of United Overseas Bank (UOB), attends a news conference in Singapore, on February 22, 2019. Shares of United Overseas Bank—controlled by Singaporean billionaire ...

UOB is banking on a SG$500 million ($368.6 million) plan to beef up its digital capabilities and drive efforts to double its retail customer base across Asean to seven million. It is aiming to reach ...

Founded in 1935, the United Overseas Bank registered almost S$5 billion (US$3.1 billion) in its fiscal year 2005, ended Dec. 31. In fact, UOB's goal is to become a premier bank in the Asia-Pacific ...

In line with other banks in Singapore, UOB delivered record net profit in 2022. We look at how they perform compared to their larger peer DBS Group. Their NPLs are low, with limited risks to ...

Wee Ee Cheong, chief executive officer of United Overseas Bank Ltd. (UOB), holds a news conference in Singapore, on February 22, 2019. United Overseas Bank—controlled by billionaire Wee Cho Yaw—has ...

We maintain our narrow moat rating on Singapore’s United Overseas Bank U11, or UOB, and lower our fair value estimate 5% to SGD 36 from SGD 38 after its third-quarter results. Our new fair value is ...

Additionally, Macquarie had a positive report on UOB and Morgan Stanley was reported to have upgraded the bank. “We broadly concurred with the short-term view, which along with low valuations led us ...

United Overseas Bank has acquired Citigroup’s consumer banking businesses in various Asian markets, diversifying its portfolio and doubling its customer base in these regions. The acquisition is ...

Singapore's second- and third-largest lenders reported better-than-expected profit increases for the third quarter of 2021. OCBC's net profit rose to S$1.22 billion ($904.5 million) in July-September ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. UOB says the new bank will be powered by next-generation ...

United Overseas Bank joined bigger rival DBS Group in flagging a strong outlook after reporting a 48% rise in quarterly profit on Wednesday on the back of a sharp decline in credit charges. Analysts ...

Singapore’s big banks have treated shareholders well over the past few years. Now that we are firmly into 2026, the environment looks different. Interest rates are easing, net interest margins are no ...