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.

Automation stalls hiring at top banks

Lenders are also upskilling to keep up with tech.

Singapore banks’ interest income expected to come weaker in Q2

Net interest margins of the 3 banks are expected to compress by 5-7 basis points.

UOB acknowledges penalty for anti-money laundering breaches

Two of its employees were reprimanded, it said in an SGX statement.

Johor-Singapore SEZ expected to boost cross-border investment

The country accounted for almost two-thirds of the region’s total inflows.

UOB, Frasers Thailand to support investments in Thailand, Vietnam, Indonesia

UOB Thailand will offer financial solutions to business expanding in the three countries.

Experts warn of possible deterioration in Singapore’s labour market

UOB cites falling recruitment and resignation rates as early warning signs.

DBS and UOB fund $530m data centre campus in Indonesia

Three data centres will be developed in the Nongsa Digital Park (NDP) in Batam.

Economy to grow 1.7% to 2% in 2025: analysts

Exports could drop as much as 4.3%, according to RHB.

UOB maintains profitability despite possible slower loan growth

Management sees demand for hedging, particularly for foreign exchange.

UOB reports flat net profit growth in Q1 despite record fee income

Net fee income rose to a new high but non-interest income fell.

Re-centering of Singapore dollar policy band possible later in 2025, says analyst

Weak inflation and growth could push MAS to shift the currency band lower later this year.

MAS to maintain policy settings—analysts

Both banks cite weak global demand and subdued prices as reasons for the expected pause.

UOB widens sustainable financing access for SMEs

The bank applies a differentiated assessment model.

UOB injects $103m to double Vietnam capital since 2021

UOB is currently the only Singapore bank with a subsidiary in Vietnam.

UOB to take legal action against Yang Kee Logistics’ ex-CEO

The bank called Ken Koh’s allegations baseless.

MAS investigates ex-Yang Kee Logistics CEO’s allegations against UOB

UOB, however, called the allegations ‘baseless and defamatory.’