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.

NODX decline likely to continue for a few more months

Experts predict that NODX will contract by -5.5% to -9% in 2023.

Singapore banks deliver strong earnings growth in Q1

OCBC outperformed with a net interest margin expansion of 75bp YoY.

Singapore’s NETS boosts touchless payment options

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

What are 3 key motivators for SG firms to expand overseas?

A UOB report showed that 50% of SG-based companies are interested in overseas expansion.

Analyst finds substantial risk in Singapore’s technical recession

The decline will be largely driven by the weakness in manufacturing.

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

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

Daily Markets Briefing: STI down by 0.32%; Keppel Corporation is top stock

Keppel Corporation was the most active stock as it rose by 1.29%.

New PDD to push sustainability, business opportunities

The new district would be crucial for Singapore and its commercial and business park sectors.

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.

SG NODX to contract 5.5% in 2023

It is due to the broad-based weakness in electronics and non-electronics performance.

Has MAS' tightening cycle finally come to an end?

The central bank kept its policy unchanged in April, for the first time since October 2021.

SG likely to enter ‘technical recession’ in H1

Experts believe SG’s growth momentum will continue to slow in Q2.