United Overseas Bank (UOB)

SINGAPORE (Aug 29): Singapore plans to award licenses for its new digital banking initiative by mid-2020, with successful applicants expected to start business a year later, its financial regulator said.

SINGAPORE (Aug 22): United Overseas Bank (Vietnam) officially opened its branch in Hanoi on Thursday, its first beyond Ho Chi Minh City.

SINGAPORE (Aug 12): Slowing global growth and uncertainties over the escalating trade war, tech supply chain, China and Hong Kong have all taken their toll on the share prices of the three local banks — DBS Group Holdings, Oversea-Chinese Banking Corp a

SINGAPORE (Aug 12): On June 28, the Monetary Authority of Singapore (MAS) announced that it would issue five new digital bank licences: two digital full-bank licences and three digital wholesale bank licences. Following the announcement, InstaReM, iFAST C

SINGAPORE (Aug 12): Digital banking and a digital bank are not quite the same, says Dennis Khoo, regional head of TMRW Digital Group at United Overseas Bank. Digital banking is part of an omni-channel strategy in which customers use the banking app as par

SINGAPORE (Aug 12): Slowing global growth and uncertainties over the escalating trade war, tech supply chain, China and Hong Kong have all taken their toll on the share prices of the three local banks — DBS Group Holdings, Oversea-Chinese Banking Corp a

SINGAPORE (Aug 6): United Overseas Bank reported 2Q19 earnings of $1.17 billion, 12% above Bloomberg forecast of $1.06 billion, led by resilient loan growth and strong trading income.

SINGAPORE (Aug 2): IT-related expenses, among other things, have contributed to higher total expenses incurred by United Overseas Bank (UOB) in the 2Q19 and 1H19 ended June 30.

SINGAPORE (Aug 2): Singapore banks delivered second-quarter profit that beat analysts’ estimates, indicating they are well placed to weather mounting pressures from a global economic slowdown and falling interest rates.

SINGAPORE (Aug 2): UOB Group reported earnings of $1.17 billion in 2Q19, 8% higher than a year ago on higher net interest income.