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’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.

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.