|Bid||25.98 x 0|
|Ask||26.00 x 0|
|Day's range||25.69 - 26.00|
|52-week range||19.43 - 26.00|
|PE ratio (TTM)||13.97|
|Earnings date||14 Feb 2018|
|Forward dividend & yield||0.00 (0.00%)|
|1y target est||26.41|
Singapore's economy beat expectations to grow at its fastest pace in nearly four years during the third quarter, data showed Thursday, boosted by a surge in global demand that has buoyed Asia in the face ...
It will be offered to UOB's existing SME customer base. United Overseas Bank Limited (UOB) and SAP announced a partnership to offer an enterprise resource planning (ERP) software to small- and medium-sized ...
United Overseas Bank’s (UOB) 3Q17 loans growth was 7.7% higher y-o-y driven by strong double digit loans growth from manufacturing and financial institutional loans coupled with a 6.6% increase of housing loans growth. Net interest margin (NIM) expanded 4bps q-o-q to 1.79%.
The growth of net interest and noninterest income boosted its earnings. United Overseas Bank's (UOB) profits rose by 12% YoY from $791m to $883m in Q3. According to OCBC Investment Research, the growth ...
By Devika Syamnath Nov 3 (Reuters) - Philippine shares rose for a fourth session on Friday, buoyed by expectations of greater investments into the market and prospects of better-than-expected corporate ...
By Nicole Pinto Oct 24 (Reuters) - Indonesian shares hit a record closing high on Tuesday, as coal miners gained after the International Energy Agency forecast strong prospects for energy demand in Southeast ...
It's trying to ramp up fintech innovation. UOB plans to invest up to $1b in IT for the next three years alone, UOB Kay Hian revealed. UOB's IT expenditure already comprises 7% of its operating expenses, ...
It expects two more bad loans from offshore support firms in H2. UOB is still bearing pressure from the oil and gas (O&G) sector as it expects at most two more non-performing loans (NPL) from offshore support firms in H2. UOB Kay Hian said the new NPLs are from companies that have withstood the onslaught of depressed prices for crude oil over the past three years.
By Shanima A Oct 10 (Reuters) - Thai shares jumped to a near 24-year closing high on Tuesday after Prime Minister Prayuth Chan-ocha said the country will hold general elections in November next year, while ...
(Repeats to add named item code) By Aaron Saldanha Sept 27 (Reuters) - Most Southeast Asian stock markets trimmed losses to end flat on Wednesday, as investors digested comments by U.S. Federal Reserve ...
The fixed rate mortgages are sold at 1.68% per year. UOB and HSBC have both started selling 3-year fixed rate mortgages at 1.68%. According to RHB, this is the result of market doubts over further rate hikes by the US Federal Reserve.
In a bid to take advantage of Singapore’s recovering property market, four lenders here are now offering three-year fixed-rate home loans...
It is the first bank in Singapore to do so. Singapore banking giant UOB launched UOB MyKey and PayNow, allowing customers to send money using any messaging app. UOB MyKey allows customers to send up to ...
Dairy Farm International Holdings’ (Dairy Farm) 1Q17 report revealed that its Health & Beauty segment demonstrated better y-o-y sales and operating profit, and we expect performance of the segment to continue to pick up driven by higher Chinese tourists arrivals in Hong Kong, potential rental reduction as well as improved corporate brands penetration.
The Monetary Authority of Singapore (MAS) announced the conclusion of its two-year review of banks involved in 1MDB-related transactions known to-date. In its latest regulatory actions, MAS has imposed financial penalties on Credit Suisse and United Overseas Bank (UOB). The central bank's latest inspections of Credit Suisse and UOB revealed several breaches of anti-money laundering (AML) requirements and control lapses.
The funding was given to Sunseap Group. The projects include the 9.5 MegaWatt peak (MWp) solar photovoltaic (PV) system at Jurong Port, the world’s largest solar PV system installed in a port, and the 2.4 MWp solar PV system at consumer electronics company Panasonic.
Th is is the first of its kind in Southeast Asia. United Overseas Bank (UOB) has launched the UOB Virtual Payment Solutions suite, a virtual accounts payable solution that aims to help companies raise their productivity and manage cost efficiently. The UOB Virtual Payment Solutions suite enables businesses to pay their vendors and suppliers through a virtual corporate credit card account even if these parties do not accept credit card payments.
This is Asia's first dual currency covered bonds issue. Singapore banking giant United Overseas Bank announced two sales of covered bonds comprising of two tranches, a US$500m 2.125% covered bonds and an EUR500m 0.125% covered bonds, both due 2022. The euro tranche will be issued as the second series under the US$8b Global Covered Bond Programme while the US dollar tranche will be issued as the third series.
It launched the UOB Mighty Secure feature. United Overseas Bank Ltd. has now allowed customers to use their smartphone as a digital security token with UOB Mighty Secure. The bank said UOB Mighty Secure ensures the necessary additional layer of security traditionally provided by physical tokens for conducting certain banking transactions.