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Home / Capital / Results

UOB posts record high earnings of $4.34 bil in FY19 despite slowing q-o-q in fourth quarter

Results

UOB posts record high earnings of $4.34 bil in FY19 despite slowing q-o-q in fourth quarter

Stanislaus Jude Chan Published on Fri, Feb 21, 2020 / 9:19 AM GMT+8

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SINGAPORE (Feb 21): United Overseas Bank (UOB) saw a 10% y-o-y rise in net earnings to $1.01 billion in 4QFY2019 ended December, from $916 million in the corresponding quarter last year.

The growth was driven by net interest income as well as trading and investment income.

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