United Overseas Bank Limited (UOB)

Analysts positive on UOB's 1Q21 results, Maybank Kim Eng and RHB upgrade to 'buy' - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on UOB's 1Q21 results, Maybank Kim Eng and RHB upgrade to 'buy'

Analysts raised their target prices for UOB, ranging from $28.84 to $30.20.
Singapore's bank lending increases by 0.7% in March - THE EDGE SINGAPORE

Zest

Singapore's bank lending increases by 0.7% in March

Singapore’s bank lending rose for the fifth consecutive month in March.
Analysts bullish on Singapore banking sector ahead of 1Q21 results - THE EDGE SINGAPORE

Broker's Calls

Analysts bullish on Singapore banking sector ahead of 1Q21 results

Analysts are anticipating the banks to have a 'strong start to the year'.
UOB is CGS-CIMB's top pick among Singapore banks; valuations 'more attractive' than peers - THE EDGE SINGAPORE

Broker's Calls

UOB is CGS-CIMB's top pick among Singapore banks; valuations 'more attractive' than peers

As at 4.36pm, shares in UOB are trading 3 cents higher or 0.11% up at $26.26, or 1.03 times P/B, according to CGS-CIMB's estimates
UOB appoints Eric Lim as its first Chief Sustainability Officer - THE EDGE SINGAPORE

New appointments

UOB appoints Eric Lim as its first Chief Sustainability Officer

The CSO appointment is an extension of Lim’s current role as head of group finance.

Property

Over 60% of property loan customers prefer stability of SORA-based interest rates: UOB

The increasing awareness and acceptance of SORA-pegged products is a positive indicator for the financial industry.
DBS, OCBC and UOB CEOs saw pay cuts between 8% to 24% for FY20 - THE EDGE SINGAPORE

Zest

DBS, OCBC and UOB CEOs saw pay cuts between 8% to 24% for FY20

DBS CEO Piyush Gupta saw the biggest pay cut totalling $2.9 mil, while UOB CEO Wee Ee Cheong saw the smallest at $0.95 mil.
Singapore's bank lending edges up by 0.5% in February - THE EDGE SINGAPORE

Zest

Singapore's bank lending edges up by 0.5% in February

Singapore’s bank lending rose for the fourth consecutive month in February.
UOB study finds 2 in 5 Singapore SMEs saw higher revenue after digitalisation efforts - THE EDGE SINGAPORE

Disruption and Digitalisation

UOB study finds 2 in 5 Singapore SMEs saw higher revenue after digitalisation efforts

782 local SMEs with revenue less than $100 million were surveyed.
UOB buys additional 3.6 mil Aztech Global shares, ceases stabilising action - THE EDGE SINGAPORE

Broker's Calls

UOB buys additional 3.6 mil Aztech Global shares, ceases stabilising action

UOB has bought another 3.6 million shares of Aztech Global and announced the cessation of price stabilisation action after Mar 16.
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