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UOB plans for the future; targets 3-5 mil regional digital customers over 5 years

PC Lee
PC Lee3/15/2019 12:35 PM GMT+08  • 2 min read
UOB plans for the future; targets 3-5 mil regional digital customers over 5 years
SINGAPORE (Mar 15): United Overseas Bank is targeting 3-5 million digital customers in five markets over the next five years.
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SINGAPORE (Mar 15): United Overseas Bank is targeting 3-5 million digital customers in five markets over the next five years.

UOB is committed to maintaining dividend payout ratio at 50% if CET-1 CAR stays above 13% and it achieves RORWA (return on risk-weighted assets) of 1.60-1.65%.

Meanwhile, the bank says will stay disciplined in pursuing sustainable growth as global uncertainties persist and maintain a risk-focused approach while equipping its staff for the future.

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