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BRIEF-United Overseas Bank Posts Qtrly Net Profit After Tax S$916 Million Versus S$855 Million

Reuters SG

Feb 22 (Reuters) - United Overseas Bank Ltd:

* QTRLY NET INTEREST MARGIN 1.80 PERCENT VERSUS 1.81 PERCENT

* QTRLY NET INTEREST INCOME S$ 1,608 MILLION VERSUS S$ 1,461 MILLION

* QTRLY NET FEE AND COMMISSION INCOME S$467 MILLION VERSUS S$509 MILLION

* QTRLY NET PROFIT AFTER TAX S$916 MILLION VERSUS S$855 MILLION

* RECOMMEND PAYMENT OF A FINAL TAX-EXEMPT DIVIDEND OF 50 CENTS AND A SPECIAL TAX-EXEMPT DIVIDEND OF 20 CENTS

* AS AT 31 DEC 2018, NON-PERFORMING LOAN RATIO 1.5%

* DEC QUARTER END CET1 RATIO 13.9 PERCENT Source text for Eikon: Further company coverage: