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United Kingdom

United Overseas Bank Ltd (UOBH.SI)

UOBH.SI on Stock Exchange of Singapore

24.25SGD
19 Nov 2018
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2,289,537
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$30.37
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$23.84

Latest Key Developments (Source: Significant Developments)

United Overseas Bank, Grab Announce Strategic Regional Alliance
Monday, 12 Nov 2018 

Nov 12 (Reuters) - United Overseas Bank Ltd ::UOB AND GRAB ANNOUNCE STRATEGIC REGIONAL ALLIANCE.ALLIANCE WILL ENABLE UOB TO DELIVER FINANCIAL SERVICES TO GRAB'S ASEAN-WIDE USER BASE.UNDER ALLIANCE, UOB WILL BECOME GRAB'S PREFERRED BANKING PARTNER IN SINGAPORE.UOB WILL ALSO BE A STRATEGIC CREDIT CARD PARTNER FOR GRAB IN SINGAPORE, INDONESIA, MALAYSIA, THAILAND AND VIETNAM.UNDER ALLIANCE, BOTH COMPANIES WILL ALSO EXPLORE LAUNCHING CO-BRANDED CREDIT CARDS IN ASEAN.BANK IS ALSO WORKING WITH GRAB TO EMBED FEATURES OF ITS UPCOMING DIGITAL BANK WITHIN GRAB'S MOBILE APP.UOB-CO TO ALSO EXPLORE SUPPORT FOR GRAB IN OTHER AREAS INCLUDING FLEET FINANCING, REGIONAL & CENTRALISED TREASURY MANAGEMENT SOLUTIONS, AMONG OTHERS.  Full Article

United Overseas Bank Posts Qtrly Net Profit After Tax S$1,037 Mln
Thursday, 25 Oct 2018 

Oct 26 (Reuters) - United Overseas Bank Ltd ::Q3 NET INTEREST INCOME S$1.60 BILLION VERSUS S$1.41 BILLION.QTRLY NET PROFIT AFTER TAX S$1,037 MILLION VERSUS S$883 MILLION.AS AT 30 SEPT 2018, GROUP'S COMMON EQUITY TIER 1 CAR WAS 14.1%.  Full Article

United Overseas Bank Announces Digital Bank
Thursday, 2 Aug 2018 

Aug 3 (Reuters) - United Overseas Bank Ltd ::ANNOUNCES DIGITAL BANK FOR ASEAN'S BASE OF 'MOBILE FIRST' AND 'MOBILE ONLY' CUSTOMERS.DIGITAL BANK AIMS TO BUILD CUSTOMER BASE OF 3 TO 5 MILLION IN NEXT 5 YEARS OPERATING AT STEADY-STATE COST-TO-INCOME RATIO OF 35 PERCENT.  Full Article

United Overseas Bank Posts Q2 Net Profit After Tax Of S$1.08 Bln
Thursday, 2 Aug 2018 

Aug 3 (Reuters) - United Overseas Bank Ltd ::Q2 NET PROFIT AFTER TAX S$ 1,077 MILLION VERSUS S$845 MILLION.Q2 NET INTEREST INCOME S$ 1,542 MILLION VERSUS S$1,356 MILLION.DECLARED INTERIM DIVIDEND OF 50 CENTS PER ORDINARY SHARE.Q2 NET INTEREST MARGIN 1.83 PERCENT VERSUS 1.75 PERCENT.NPL RATIO 1.7 PERCENT AS AT QUARTER END.COMMON EQUITY TIER 1 RATIO 14.5% AS AT QUARTER END.  Full Article

United Overseas Bank Says Sydney Branch Intends To Issue A$600 Mln Floating Rate Notes
Tuesday, 17 Jul 2018 

July 18 (Reuters) - United Overseas Bank Ltd ::SYDNEY BRANCH INTENDS TO ISSUE A$600 MILLION FLOATING RATE NOTES DUE JANUARY 2022.NOTES WILL BE ISSUED UNDER U.S.$15 BILLION GLOBAL MEDIUM TERM NOTE PROGRAMME.  Full Article

United Overseas Bank To Sell Certain Assets Of Global Wholesale Banknotes To Travelex Currency Exchange
Monday, 30 Apr 2018 

April 30 (Reuters) - United Overseas Bank Ltd ::TO SELL CERTAIN ASSETS OF ITS GLOBAL WHOLESALE BANKNOTES TO TRAVELEX CURRENCY EXCHANGE.WITH SALE, UOB WILL CEASE ITS GLOBAL WHOLESALE BANKNOTES BUSINESS.COMPLETION OF SALE EXPECTED TO TAKE PLACE IN Q3 OF YEAR.  Full Article

United Overseas Bank Launches Joint Venture Avatec.Ai (S) Pte Ltd (Avatec)
Monday, 16 Apr 2018 

April 16 (Reuters) - United Overseas Bank Ltd ::LAUNCHES JOINT VENTURE AVATEC.AI (S) PTE LTD (AVATEC).BANK WILL INVEST UP TO S$12 MILLION IN AVATEC OVER NEXT TWO YEARS.  Full Article

United Overseas Bank Ltd Enters JV With Pintec Technology Holdings
Monday, 16 Apr 2018 

April 16 (Reuters) - United Overseas Bank Ltd ::OINT VENTURE WITH PINTEC TECHNOLOGY HOLDINGS LIMITED.JV AVATEC WILL HAVE AN ISSUED AND PAID-UP CAPITAL OF UP TO S$10 MILLION.AVATEC TO OFFER CREDIT SERVICES AND SOLUTIONS IN SOUTHEAST ASIAN COUNTRIES.  Full Article

United Overseas Bank Says It Bought 10.3 Percent Stake In Marco Polo Marine
Friday, 26 Jan 2018 

Jan 26 (Reuters) - United Overseas Bank Ltd ::BOUGHT 10.29 PERCENT STAKE IN MARCO POLO MARINE LTD.MARCO POLO MARINE SHARES WERE ALLOTTED TO BANK AT PRICE OF S$0.035 PER SHARE..‍TRANSACTION NOT EXPECTED TO HAVE MATERIAL IMPACT ON EARNINGS PER SHARE OF BANK FOR FY ENDING 31 DEC 2018​.  Full Article

United Overseas Bank says Sydney branch to issue A$400 mln floating rate notes
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - United Overseas Bank Ltd ::Co's Sydney branch intends to issue A$400 million floating rate notes due November 2018​.  Full Article

SE Asia Stocks-Most subdued; Philippines extends gains

* Singapore falls after two sessions of gains * Indonesia drops after four consecutive winning sessions * Philippines jumps 1.8 pct to two-week high * Thai stocks flat; data shows GDP growth stalled By Aman Swami Nov 19 Philippine shares surged on Monday, extending their rally on the back of last week's interest rate hike, while other Southeast Asian stock markets were subdued amid nervousness over the U.S.-China trade war. The benchmark Philippine index