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United Overseas Bank (UOB) Group
Digital Economy
UOB to invest more than $500 mil into innovation centre within JTC's Punggol Digital District
Targeted to be completed by the end of 2026, the 300,000 sq ft centre will house around 3,000 UOB staff.
April 18, 2023
Digital Economy
UOB, Lazada sign MOU to collaborate on co-branded cards, loans to merchants
UOB will offer its new customers Lazada cashback vouchers worth up to $200 as a welcome gift.
April 17, 2023
Broker's Calls
ESG adoption up across Asean with DBS, Sembcorp and SGX top picks in Singapore: Maybank
“Strong capital levels, elevated margins and a wealth management turnaround should provide Singapore banks resilience.”
March 14, 2023
Broker's Calls
'Buy' banks ahead of FY2022 results, OCBC profit to exceed estimates: PhillipCapital
For OCBC, PhillipCapital forecasts PATMI of $2.03 billion, above the consensus estimate of $1.64 billion.
February 08, 2023
Broker's Calls
Singapore banks have 'ample capital' for higher dividends in FY2022: DBS
Though OCBC does not typically pay out special dividends, DBS analysts point to ample capacity for higher dividends.
February 03, 2023
Broker's Calls
Maybank expects high margins, cautious guidance from Singapore banks' 4QFY2022
Investors could look to upside surprises from DBS and UOB for special dividend announcements.
February 01, 2023
Broker's Calls
UOB to 'lead the pack' when Singapore banks report 4QFY2022 results in February: CGS-CIMB
“We expect Singapore banks to report a rather flattish q-o-q set of earnings for 4QFY2022.”
January 30, 2023
Banking & finance
Analysts continue to like local banks but warn of slower growth
JP Morgan thinks Singapore bank share prices will fall later in 2023 owing to rising non-performing loans.
January 17, 2023
Broker's Calls
Singapore banks continue to gain from high interest rates, new Asean supply chains: UOB Kay Hian
In particular, OCBC and UOB will benefit from reorientation of supply chain towards Asean countries, says one analyst.
January 06, 2023
Broker's Calls
Singapore banks seeing growth slowdown, UOB top pick: CGS-CIMB
Banking system loans contracted 1.8% y-o-y in November 2022.
January 03, 2023