Singapore bank UOB hits record high
Singapore bank UOB hits record high after Q4 earnings beat, $2.2 billion capital return
Shares of Singapore's United Overseas Bank, or UOB , hit a record high on Wednesday after it posted a 9% rise in fourth-quarter net profit that beat expectations and announced a S$3 billion ($2.24 billion) package to return surplus capital to investors.
UOB priced A$2 billion three-year senior floating-rate bond on Feb 21 at 0.65% above the three-month Bank Bill Swap Rate.
United Overseas Bank said its fourth-quarter net profit rose, thanks to loan growth, and announced a S$3 billion package to distribute surplus capital. Net profit, including one-off expenses, jumped 8 ...
United Overseas Bank is one of the three dominant banks in Singapore. Compared with its two rivals, it has somewhat smaller exposure to Greater China, while it has larger exposure to Association ...
UOB announces capital management initiatives with anniversary dividend and share buyback programme, supported by continued ...
The bank's CEO Wee Ee Cheong said an enlarged customer base and enhanced platforms in the region positions UOB well.
United Overseas Bank (UOB) on Feb 19 announced a S$3bil package over the next three years to return surplus capital to ...
United Overseas Bank Limited, together with its subsidiaries, provides banking products and services. The company’s Group Retail segment provides deposits, insurance, card, wealth management ...
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Singapore-based United Overseas Bank Ltd (UOB) has launched a "green lane" with Invest Johor to fast-track investments into ...
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