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’s 5.9% Q4 GDP a sign of optimism for 2022: UOB

Maybank and OCBC also echoed this outlook for the upcoming year.

Market update: STI up 0.61%

Sembcorp Industries had the most growth for the day.

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 distributes more than 2,700 laptops to disadvantaged SG students

The bank also joins a movement for digital inclusion.

Technology adoption slowdown seen in 6 in 10 micro-businesses

Micro-businesses cited lack of funds as a barrier to technology adoption.

Market update: STI down 0.11%

Singtel had the most growth for the day.

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.

October’s industrial production performance due to low-base levels and strong global demand

According to UOB, this growth was led by the biomedical manufacturing cluster. 

Singapore overall inflation hits 3.2% highest since 2013

This was led by higher private road transport and accommodation costs. 

2 in 5 Singaporeans are putting more money in investments: survey

About 51% of those who are investing are buying more stocks and bonds.

DBS, OCBC, UOB average 47% net profit growth in 9MFY21

The 3 banks make up 20% of the total market capitalisation of SGX-listed stocks.

Market update: STI up 0.16%

Frasers Logistics & Commercial Trust was seen with the most growth.

OCBC's YoY loan growth falls behind DBS, UOB by 2.8% in Q3

However, on a q-o-q comparison, OCBC had the biggest loan growth of 3.8%.

Singapore banks, SGTraDex to develop standards for green trade finance digitalisation

UOB, DBS, OCBC, and Standard Chartered are participating in the initiative.