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.

UOB TMRW rolls out feature measuring ASEAN customers’ carbon footprint

It will be generated based on their spending and saving habits.

UOB TMRW rolls out feature measuring ASEAN customers’ carbon footprint

It will be generated based on their spending and saving habits.

UOB launches gig employment model for retirees

The bank made the move to strengthen its multi-generation workforce strategy.

UOB Q3 profit leaps 57% to S$1.05b

Net profit also saw a rise of 4% QoQ.

UOB unveils financing platform for businesses, homeowners’ green energy needs

The U-Energy platform has nine partners that can support energy efficiency projects.

UOB, ADDX digitise S$50m of Sembcorp’s sustainability-linked bond

They made use of blockchain and smart contact technology to achieve this.

MAS, Singapore banks build digital platform against money laundering

This will allow sharing of customer and transaction data on money laundering cases.

UOB injects $88m in fresh capital for Vietnam charter

The capital injection was approved by the State Bank of Vietnam.

UOB unveils green financing solution to push EV adoption in Singapore

It creates a one-stop ecosystem that connects its users to EV car dealers.

UOB prices Singapore’s first SONIA sterling covered bond

The final order book saw that most demands come from the UK and EMEA.

UOB subsidiaries now cross-currency dealers in China, Indonesia

This makes UOB the first Singapore bank to hold this status in both markets.  

UOB adopts the Equator Principles to refine sustainability strategy

The bank will apply the principles to assess and manage environmental and social risk projects.

Singapore banks push ahead to post-pandemic era

Significant loan book exposure in China is helping them recover faster than their regional peers.

UOB net profit up 29% to $2b in first half of 2021

Its wholesale banking revenue was driven by large corporate and institutional clients from Singapore and Greater China.

Singapore lifts dividend cap on local banks, financial companies

Local financial firms are expected to remain resilient even should the economy slip into a recession again.

Digitalisation creeping into non-tech roles as Singapore banks accelerate hiring

The sector will continue in a “reform and transform” path, hinging on successful digital banking applicants.

UOB Malaysia appoints new deputy CEO

Ng Wei Wei will retain her current role as head of wholesale banking alongside this promotion.

UOB invests $200m in digital innovation, aims to double wealth fee income by 2025

The bank has launched SimpleInvest, where clients can begin investing for as low as $100.