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 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.
Market update: STI up 0.14%
Mapletree Logistics Trust had the most growth.
Market update: STI up 0.67%
UOB had the most growth.
REITS recovery to push through despite Omicron threat: UOB
But delays are to be expected.
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.
UOB Asset Management launches world’s first APAC green REIT ETF
The ETF attracted more than $80m in assets.
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.
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