SINGAPORE (May 2): United Overseas Bank (UOB) says it has signed Memoranda of Understanding (MoUs) with a number of co-working spaces – namely Singapore’s 80RR Fintech Hub SG, Common Ground and WORQ in Malaysia, and Indonesia’s EV Hive – to offer its banking customers up to 20% off these companies’ rental rates.  

See: More space for fintech startups at 80RR

In a Wednesday announcement, the bank says this would help its customers, starting from startups to small- and medium-sized enterprises (SMEs), to establish a presence more easily across Southeast Asia with preferential rental rates at co-working spaces.

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