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BRIEF-United Overseas Bank Posts Q3 Net Profit S$1.12 Billion, Up 8%

Reuters SG

Nov 1 (Reuters) - United Overseas Bank Ltd:

* NO DIVIDEND ON ORDINARY SHARES HAS BEEN DECLARED FOR Q3 OF 2019

* Q3 NET PROFIT S$1.12 BILLION UP 8%

* QTRLY NET INTEREST INCOME S$1,687 MILLION VERSUS S$1,599 MILLION

* Q3 NET INTEREST MARGIN 1.77% VERSUS 1.81%

* Q3 NPL RATIO 1.5% VERSUS 1.6%

* CET1 RATIO 13.7% AS AT QUARTER END

* "WE EXPECT BUSINESS SENTIMENT TO BE WEIGHED DOWN BY GLOBAL ECONOMIC HEADWINDS" Source text for Eikon: Further company coverage: