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.
Recent rate cuts to shave off $7.2b from Chinese banks’ net interest income
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.
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.
Thought Leadership Centre
Most Read
1. Leading banks, financial companies lauded at Asian Banking & Finance Awards 2025 2. Exceptional fintech leaders, innovations honoured at Asian Banking & Finance Fintech Awards 2025 3. UOB acknowledges penalty for anti-money laundering breaches 4. Revolut partners with Ant Int’l to enable transfers to China via Alipay 5. OCBC Bank (Malaysia) Berhad recognised at Asian Banking & Finance Wholesale Banking Awards 2025Resource Center
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Event News
The financial institution bagged the ASEAN SME Bank of the Year, SME Bank of the Year - Hong Kong, and SME Bank of the Year - Indonesia.
Commentary
Beyond the code: How mobile banking is weaving a new financial narrative in Asia