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United Overseas Bank Limited (UOB)
Company in the news
Wilmar CEO is 'most favourable CEO' reported in media, says CARMA Asia
Other CEOs in the report included DBS's Piyush Gupta and SIA's Goh Choon Phong.
November 10, 2020
Broker's Calls
Singapore banks' 3Q earnings beat expectations due to treasury income, says CGS-CIMB
The rest of the analysts mostly recommend investors ‘buy’ DBS and UOB, and ‘hold’ on to OCBC.
November 06, 2020
Results
UOB reports 40% lower 3Q net earnings of $668 mil, shores up $339 mil of credit allowance for the quarter
Total income for 3QFY2020 fell 13% y-o-y to $2.26 billion.
November 04, 2020
Zest
Singapore's bank lending slows for seventh month in September
Singapore’s bank lending dipped for the seventh month in September, following a decline in both business and consumer loans.
October 31, 2020
Sustainability
UOB integrates ESG considerations into investment solutions for consumers
The move is part of the bank’s commitment to driving growth sustainably.
October 29, 2020
Zest
UOB levels up group-wide training programme to enable its employees to master skills in data analytics and project management
"At UOB, we believe that continuous learning is essential for long-term sustainability": UOB deputy chairman and CEO Wee Ee Cheong
October 27, 2020
Broker's Calls
Maybank Kim Eng expects Singapore banks' 3Q2020 trading update to be 'less bad, but not great'
UOB will be the first to report its quarterly results on Nov 4, while DBS and OCBC will release theirs on Nov 5.
October 20, 2020
Covid-19
Majority of Singaporean employees expect work-life balance to improve as WFH becomes the new norm, says UOB survey
Some 70% of Singaporean employees also expect their productivity to improve with the new flexible working arrangements.
October 15, 2020
Zest
UOB Sydney branch prices A$500 mil notes due Oct 2023
The notes are expected to be rated AA- by Standard & Poor’s.
October 12, 2020
Broker's Calls
Analysts remain 'neutral' on Singapore banking sector following extension of loan relief measures
Shares in DBS, OCBC and UOB closed $20.71, $8.62 and $19.53 on Oct 6.
October 06, 2020