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 releases methodologies on responsible use of AI by financial institutions
The Veritas Consortium also released an open-source toolkit to help with adoption.
Singapore releases methodologies on responsible use of AI by financial institutions
The Veritas Consortium also released an open-source toolkit to help with adoption.
UOB injects $316m in capital to China subsidiary
Capital will be used to develop cross-border services and push sustainability strategy.
Recent rate cuts to shave off $7.2b from Chinese banks’ net interest income
The impact on mortgage loans will not be felt until January 2023.
UOB’s purchase of Citi ASEAN retail assets improves profits, accelerates expansion
It is expected to add S$1b in profits annually, with earnings accretive beginning 2023.
UOB Malaysia puts into motion strategic initiatives to accelerate digital agenda
Since 2018, the Bank has embarked on a digital transformation journey to deliver seamless customer experience and frictionless banking.
UOB buys Citi’s retail businesses in 4 SEA markets for US$3.65b
UOB is paying for the net asset value plus a premium of US$690m.
NTUC Income’s BIX onboard UOB Asset Management’s digital advisory service
UOBAM Invest is the first partner to be onboarded in the BIX platform.
UOB’s Indonesian digital bank arm launches buy now pay later services
TMRW Pay offers deferred payments with zero-interest for up to 90 days.
Buy now, pay later more needed in markets with credit under penetration: UOB TMRW exec
It’s not as urgent as other markets with credit under-penetration, says TMRW Digital Group CCO.
UOB simplifies and amplifies Singaporeans' green energy journeys with U-Energy
The bank seeks to help address the energy crisis and rising electricity costs, says UOB’s Jasper Wong.
ASEAN fintech funding achieves record $3.5b in 2021: study
Funding to investment tech and cryptocurrency firms grew by over 5x since 2020.
Singapore banks, SGTraDex to develop standards for green trade finance digitalisation
UOB, DBS, OCBC, and Standard Chartered are participating in the initiative.
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.
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HSBC Hong Kong shines at ABF Retail Banking Awards
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The bank has been a digital and transformation pioneer in the industry.
The bank has been a digital and transformation pioneer in the industry.
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In Association with
In Association with
In Association with
Most Read
1. Zed challenges banking norms with no interest, forward-looking credit card 2. Citi names Amit Dhawan as head of CCB Singapore 3. StanChart joins Visa’s B2B Connect to enhance cross-border payments 4. Hang Seng Bank warns against phishing email 5. Fintech Qashier clinches in-principle approval for a MPI license from MASAwards
Jul
04
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Jul
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Events
Jun
24
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