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 banks to report flattish Q4 22 earnings amidst slow global growth

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

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.
3 days ago

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.

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.