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United Overseas Bank (UOB) Group
Broker's Calls
Singapore banks 'neutral' as impact of lifted dividend cap ends: CGS-CIMB
"There is still ample liquidity in the system."
September 01, 2021
Zest
DBS, UOB among analysts' top picks, as Singapore banking sector remains 'overweight'
UOB and DBS are the top picks for analysts from CGS-CIMB and UOB Kay Hian.
August 10, 2021
Broker's Calls
After a year of reduced payouts, MAS may remove banks' dividend cap soon: PhillipCapital
“We believe the banks could pay out special dividends to adjust their high capital buffers."
July 09, 2021
Bonds and treasuries
UOB to issue EUR750 mil 0.10% covered bonds due 2029
According to UOB, the issuance marks the longest-dated covered bond by a Singapore bank with an eight-year tenor.
May 19, 2021
Broker's Calls
Analysts remain 'overweight' on Singapore banking sector after record 1Q, OCBC and DBS top picks
The banks beat analysts' expectations for 1Q21, with DBS and OCBC achieving record earnings.
May 14, 2021
Results
UOB reports 46% q-o-q growth in net profit to $1 bil for 1Q21 on record fee income
UOB achieved record fee income of $638 million for the period, up 22% q-o-q.
May 06, 2021
Broker's Calls
Singapore banks on recovery path, PhillipCapital picks OCBC for faster earnings growth
Last week, analysts from CGS-CIMB Research and DBS Group Research advised investors to accumulate on Singapore bank stocks.
April 09, 2021
Zest
UOB prices first sustainability bond offering from Singapore, raising US$1.5 bil
The bond is the inaugural issuance under UOB’s Sustainable Bond Framework which launched in March.
April 08, 2021
Zest
UOB to offer pay increases and promotions for up to 98% of group’s total headcount amid sustained economic recovery in 2021
The news comes after the bank's hiring, wage and promotion freeze in September 2020.
March 09, 2021
Broker's Calls
Recovery in sight for banks, upgraded to 'overweight': RHB
With recovery in sight, bank stocks will continue to outperform the broader market as the worst is over, says RHB Group Research.
March 03, 2021