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.

UOI names Wee Ee Cheong as new company Chairman

He will replace his father, Dr. Wee Cho Yaw, who will be retiring on 14 April.

UOI names Wee Ee Cheong as new company Chairman

He will replace his father, Dr. Wee Cho Yaw, who will be retiring on 14 April.

Central bank may further tighten monetary policy in April: analysts

This is expected if core inflation does not moderate.

UOB Group posts record core net profit of $4.8b in FY22

Compared to FY21, the group’s core net profit rose 18%.

2Y SGS bond ‘attractive enough’ to draw demand: UOB

The June 25 bond was first issued in 2015 but was retapped.

Weak demand from major export destinations hits NODX momentum: UOB

Non-oil domestic exports (NODX) declined 25% in January 2023.

Budget 2023: Which sectors will be the hardest hit by the 2023 budget measures?

Real estate sector will be mildly hit whilst global firms may expect problems from corporate tax.

Singapore could dodge recession in 2023: report

GDP growth slowed down to 3.6% in 2022.

Full-year outlook for retail improves due to China reopening

The revival will boost the travel and tourism sector in Singapore.

7 measures analysts are expecting from Budget 2023

UOB expects the budget to focus on navigating Singapore through an uncertain year.

NIM moderated but still strong in Q4 22: UOBKayHian

Some banks posted 49% year-on-year growth

Analysts suggest more policy tightening to keep inflation in check

RHB and UOB said this is a precautionary measure if core inflation accelerates.

Singapore banks to report flattish Q4 22 earnings amidst slow global growth

NIMs will rise but the expansion could decelerate due to higher funding costs.

UOB to issue S$850m perpetual capital securities with 5.25% rate per annum

The distribution rate will reset on 19 January 2028 and every five years thereafter.