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United Overseas Bank Limited (UOB)
Singapore economy
Analysts see brighter outlook for Singapore in 2024 after better-than-expected 4Q2023 GDP
The analysts estimate that Singapore's GDP in 2024 will expand from 2.0% to 3.0%.
January 03, 2024
Singapore economy
Citi ups core inflation forecast for December; sees slightly higher risk of a slope steepening at January MPS
UOB sees a rising risk that the reversal of monetary policy tightening may be delayed to the MPS in July instead.
December 27, 2023
Asean
'Dark horse' Asean to see key transitions and improved prospects in 2024
Asean is the fifth-largest economy in the world, with a combined GDP of around US$3.7 trillion ($4.97 trillion).
December 20, 2023
Singapore economy
Singapore’s 2023 NODX on track to see worst performance since 2001
Analysts from OCBC and UOB expect Singapore's full-year NODX to come in at -12.5% and -12.6% respectively.
December 18, 2023
Broker's Calls
OCBC remains RHB’s top pick after 3QFY2023 results
The team estimates the sector to see earnings growth of 26% for the FY2023.
November 30, 2023
Zest
UOB completes acquisition of Citigroup’s consumer banking business in Indonesia
Shares in UOB closed at $27.35 on Nov 17.
November 20, 2023
Singapore Fintech Festival 2023
Banking’s balancing act with technology
The banks continue to invest in new technologies, with plans to adopt AI and machine learning as part of their digital strategies.
November 09, 2023
Zest
UOB saw credit card applications rise by 45% after Taylor Swift pre-sale; plans to have two global partnerships a year
UOB's card fees nearly doubled to a record high of $104 million in 3QFY2023.
November 03, 2023
Broker's Calls
Analysts mixed on UOB’s outlook after 3QFY2023 results
Analysts' target prices range from $29.70 to $35.90.
November 01, 2023
Zest
UOB’s defensive digital strategy
For UOB, having a stable system, with a focus on resiliency and security, is important.
October 26, 2023