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 to maintain good asset quality amidst profitability dip
The bank is also expected to have a steady core capital ratio.
UOB to maintain good asset quality amidst profitability dip
The bank is also expected to have a steady core capital ratio.
Why retail sales fell despite expected boost from Taylor Swift shows
Retail sales fell 1.0% MoM.
PMI slips to 50.5 in April
It dipped by 0.2 points from March.
Economists cut 1Q24 GDP forecast amid weak March manufacturing
Manufacturing output fell 3.2% YoY in March.
Low inflation in Singapore unlikely to hold in 2Q24
In March, inflation fell to 2.7%.
Export decline not tied to global demand, says expert
Non-oil domestic exports fell 20.7% YoY in March.
DBS, OCBC to see net profits dip, loan growth soften in Q1
“Softer NIM but resilient asset quality.”
Two of the largest banks in Singapore are expected to report a year-on-year (yoy) drop in net profits for the first quarter, although their asset quality will remain resilient according to UOB Kay Hian.
Disinflation trends may prompt MAS slope cut
UOB experts said MAS may cut monetary policy slope by 50 bps.
UOB names new head of global group markets and new Hong Kong CEO
Kelvin Ng and Adaline Zhang bring over two decades of experience to their new roles.
NODX to expand by 6.0% in 2024
Economists said base effects will drive recovery in NODX.
Why Singaporeans are okay with locking away over $4b of their money
Customers can only access ‘locked’ money with a physical card or by visiting a branch.
UOB’s Christine Ip reflects on 3-decade banking career and circling back to the arts
Ip believes that finance and creativity go hand-in-hand in building a holistic pool of talents in UOB.
Taylor Swift’s concerts could boost March retail sales by $150m: expert
The pop star will hold six concerts in Singapore in March.
PMI slips to 50.6 in February
It dipped by 0.1 points from January.
DBS, OCBC, and UOB post combined net interest income of $8.3b in 4Q23
4Q23 marks the 5th consecutive quarter that the combined NII of the big three was above $8b.
Experts unfazed by manufacturing dip, expect mid-2024 rebound
In January, output decreased by 5.7% MoM.
Why Singapore saw softer inflation in January despite GST hike
In January, consumer prices eased to 2.9% YoY.
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