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 Venture leads $12.9m Bluwhale funding round
UOB Venture leads $12.9m Bluwhale funding round
It invested in the AI blockchain platform along with SBI Holdings, Sui, amongst others.
Banks see sharp drop in cheque use ahead of phaseout
More people are using e-payment solutions such as PayNow and FAST.
UOB sees rising trade finance demand in ASEAN and Greater China
Digital payments made up 90% of total transaction volumes in the first half.
ABC Impact, DBS, UOB establish US$110m sustainability-linked subscription loan
Proceeds will be used for ABC Impact’s ABC Impact Fund II.
UOB enables cardholders to redeem rewards at Johor merchants
They can offset bills using their rewards points.
UOB teams with CS CDC to deliver financial literacy to SG residents
They will hold workshops and publish financial literacy content.
UOB strengthened deposit franchise, saw more bad loans in Q2
Its NPL formation was elevated in Q2, according to UOB Kay Hian.
UOB’s net profit down 3% to S$2.83b in H1 2025
Interim dividend is 85 cents per ordinary share.
DBS and UOB earnings to show impact of SORA, credit costs
DBS should have good earnings, whilst the effect of SORA is a point of interest.
Automation stalls hiring at top banks
Lenders are also upskilling to keep up with tech.
Singapore banks’ interest income expected to come weaker in Q2
Net interest margins of the 3 banks are expected to compress by 5-7 basis points.
UOB acknowledges penalty for anti-money laundering breaches
Two of its employees were reprimanded, it said in an SGX statement.
Johor-Singapore SEZ expected to boost cross-border investment
The country accounted for almost two-thirds of the region’s total inflows.
UOB, Frasers Thailand to support investments in Thailand, Vietnam, Indonesia
UOB Thailand will offer financial solutions to business expanding in the three countries.
Experts warn of possible deterioration in Singapore’s labour market
UOB cites falling recruitment and resignation rates as early warning signs.
DBS and UOB fund $530m data centre campus in Indonesia
Three data centres will be developed in the Nongsa Digital Park (NDP) in Batam.
Economy to grow 1.7% to 2% in 2025: analysts
Exports could drop as much as 4.3%, according to RHB.
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