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.

Singapore’s NETS boosts touchless payment options

Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.

Singapore’s NETS boosts touchless payment options

Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.

Acquisition of Citi’s ASEAN units to boost revenue: UOB

Total UOB cardholders in the region jumped 60% as of end-2022.

UOB Hong Kong inks MOU with SGS for sustainable finance

The partnership will help companies seeking to adopt sustainable practices and move towards a net-zero future.

UOB posts record net profit of S$1.6b in Q1

Core operating profit was also 60% higher at S$2.1b.

UOB sets new tech and innovation hub in Punggol Digital District

This is the first Singapore local bank to establish a presence in the district.

UOB and Lazada partner for better commerce payments in SEA

This is their first cross-industry collaboration.

UOB CEO Wee Ee Cheong earned S$14.23m in 2023

His base salary remained the same.

UOB’s Jacquelyn Tan on triumphing over expectations, biases to succeed in the banking industry

Tan shares how she leads 7,000 people across the region and her thoughts on women in banking.

UOB prices A$1.5b dual tranche 3-year senior unsecured bond

The notes are expected to be issued on 16 March 2023.

Banks offer flexiwork, mentor programmes to uplift women’s careers

This International Women’s Day, we spoke with Singapore’s big three banks on how they are helping close the gender gap in their workforces.

UOB Group posts record core net profit of $4.8b in FY22

Compared to FY21, the group’s core net profit rose 18%.

Singapore banks to report flattish Q4 22 earnings amidst slow global growth

NIMs will rise but the expansion could decelerate due to higher funding costs.

UOB to issue S$850m perpetual capital securities with 5.25% rate per annum

The distribution rate will reset on 19 January 2028 and every five years thereafter.

UOB transforms HR services with Workday’s Human Capital Management

Enhanced data analytics enables UOB to make improved real-time HR decisions.

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.