Loans could grow 4%-5%, aided by new business opportunities as supply chains shift to Southeast Asia, which already generates 80% of the bank's pre-tax profit.
UOB's integration of Citigroup's retail assets could buoy profit growth by strengthening its Southeast Asian presence with a bigger customer base and cross-selling opportunities.
Wealth may remain a key driver with margin facing pressure from at least five expected US Federal Reserve rate cuts by end-2027, as indicated by Bloomberg's economic forecasts.
