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United Overseas Bank (UOB) Group
Sustainability
UOB partners DHL to scale sustainable aviation fuel use for international shipments
Launched in February 2023, DHL says its GoGreen Plus service has helped over 40,000 customers in Asia Pacific cut their emissions.
July 24, 2024
Asean
Regional businesses turning their focus onto Asean in overseas ventures: UOB
The study, now in its fifth year, surveyed more than 4,000 businesses in seven key markets.
April 24, 2024
Banking & finance
Banks’ earnings estimates for 1Q2024 relatively muted
Analysts are cautious in estimating 1Q2024 net profit for the banks, with all 3 to be down y-o-y
April 23, 2024
Global Markets
Following Iran retaliation, investors seeking safety will boost gold and US Treasury bonds: UOB
Oil prices slipped lower on April 15 after Iran’s attack proved to be less damaging than anticipated.
April 16, 2024
Banking & finance
South Korea’s Waterbomb music festival headed to Singapore this August; UOB pre-sale in May
Waterbomb is one of the largest summer music festivals in South Korea, and it has already ventured into Japan and Thailand.
April 12, 2024
Banking & finance
UOB CEO Wee Ee Cheong's FY2023 pay package up nearly 12% y-o-y to $15.9 million
Wee’s pay is higher than that of DBS Group Holdings CEO Piyush Gupta, who took a 27% pay cut to draw $11.23 million in 2023.
March 21, 2024
Broker's Calls
PhillipCapital stays 'overweight' on Singapore's banks; DBS the 'best performer' with 7.2% dividend yield
Bank dividend yields are “attractive”, with upside surprises due to excess capital ratios and a push towards higher ROEs.
March 12, 2024
Broker's Calls
Singapore banks' asset quality 'may not fall out of favour' in 2024: Bloomberg Intelligence
Singapore's three banks could see higher levels of non-performing loans and credit costs in 2024 amid macroeconomic risks.
March 04, 2024
Budget 2024
Small-sized businesses desire support post-rate hike while medium-sized businesses continue to fight inflation: UOB
Compared to 2023, less businesses were prepared for this year's GST rate hike.
February 14, 2024
Banking & finance
UOB completes acquisition of Citigroup’s consumer banking business in Indonesia
Shares in UOB closed at $27.35 on Nov 17.
November 20, 2023