SINGAPORE (August  13): United Overseas Bank, often viewed as the most conservative of the local banks, has made two announcements since the beginning of this month. Both of them are aimed at extending its regional reach. On Aug 3, it announced a digital bank for Asean’s large and increasing base of mobile-first and mobile-only customers. UOB’s digital bank will be deployed in five countries — Singapore, Malaysia, Thailand, Indonesia and Vietnam. The plan is for the digital bank to garner three million to five million customers from the region in the next five years. 

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