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.
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.
UOB TMRW rolls out feature measuring ASEAN customers’ carbon footprint
It will be generated based on their spending and saving habits.
UOB launches gig employment model for retirees
The bank made the move to strengthen its multi-generation workforce strategy.
Market update: STI up 0.39%
Jardine Matheson Holdings is seen with the most growth.
UOB launches first Singapore-focused ESG fund
This supports SG's goal to finance infrastructures through green bond issuances.
China's power crisis may contribute to NODX slowdown in 2022
Meanwhile, the demand for petrochemical exports benefitted from this same crisis.
UOB, IMDA digitalise SG-China cross-border trade flows
This is expected to speed up the electronic exchange of trade documents.
SIPAC, UOB China, UOB Kay Hian collaborate on cross-border investment and financing
They will focus on telecommunications, biomedicine, and high-end manufacturing.
Fitch revises upward Singapore’s growth forecast to 6.3%
This is higher than their previous full-year forecast of 6.1% GDP.
SGX and UOBAM unveil iEdge-UOB APAC Green REIT index
The index tracks REITs in the APAC region with higher dividend yields and positive environmental attributes.
UOB unveils financing platform for businesses, homeowners’ green energy needs
The U-Energy platform has nine partners that can support energy efficiency projects.
Market Update: STI Down 0.09%
Sembcorp Industrial, SGX and Yangzijiang Shipbuilding showed the most growth.
UOB, ADDX digitise S$50m of Sembcorp’s sustainability-linked bond
They made use of blockchain and smart contact technology to achieve this.
ESG launches enhanced green financing scheme
This provides 70% risk-sharing to support lending by partner FIs.
MAS, Singapore banks build digital platform against money laundering
This will allow sharing of customer and transaction data on money laundering cases.
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