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United Overseas Bank (UOB)
Broker's Calls
With 10% share price growth over two weeks, OCBC 'positive' on UOB's acquisition of Citi assets
“UOB’s share price has outperformed the STI index in 2021 by 10%."
January 14, 2022
M&A
UOB to acquire Citi's consumer business in Indonesia, Malaysia, Thailand, Vietnam for $5 billion
Completion is expected to take place between mid-2022 and early 2024.
January 14, 2022
Art
Artwork expressing serenity in isolation wins 2021 UOB Southeast Asian Painting of the Year
UOB announces winners for its 2021 UOB Painting of the Year (POY) awards.
November 26, 2021
Banking & finance
UOB and HSBC act as green loan coordinators on club loan for Gaw-led consortium
UOB and HSBC act as green loan coordinators for the equivalent of HK$1.85 billion for a Gaw Capital-led consortium
November 26, 2021
Sustainability
UOB walks SMEs on path towards better sustainability practices
"Between grappling with Covid-19 and [adopting] digitisation, they think sustainability should be left to the big boys.”
November 25, 2021
Sustainability
UOB to launch carbon insights for TMRW users across Asean
The feature will automatically provide an estimate of a customer’s overall carbon footprint.
November 08, 2021
Singapore FinTech Festival 2021
UOB innovates at speed, makes banking simpler and smarter for consumers
“Our aim to serve three to five million digital-only customers remains."
November 05, 2021
Singapore FinTech Festival 2021
Blockchain spawns new digital exchanges
Local banks are increasingly using blockchain and digital exchanges to tokenise assets such as bonds
November 02, 2021
Broker's Calls
UOB to ride Asean recovery in 2022, NIM expansion in 2023: UOB Kay Hian
The Fed is expected to commence interest rate hikes in 4Q22, which will have a positive impact on UOB’s NIM.
October 15, 2021
Banking & finance
UOB enhances banking for TMRW with $500 million investment
UOB invests $500 million to double digital retail customers to seven million by using AI.
September 28, 2021