United Overseas Bank (UOB)

Broker's Calls

UOB Malaysia sees higher credit costs in FY20: CGS-CIMB

SINGAPORE (July 6): Amid calls for the Malaysian government to extend the loan moratorium, United Overseas Bank’s Malaysian operations could see higher credit costs ahead, according to CGS-CIMB Res

Broker's Calls

Retail REITs, retail and transport stocks poised to benefit from circuit breaker exit: DBS

SINGAPORE (June 1): As Singapore begins to ease the circuit breaker (CB) measures starting with Phase 1 on June 2, several stocks and real estate investment trusts (REITs) could emerge as beneficia


CapitaLand obtains $500 mil sustainability-linked loan; the largest in Singapore's real estate sector

SINGAPORE (May 28): CapitaLand has obtained a $500 million sustainability-linked loan from United Overseas Bank (UOB). The loan is the largest in Singapore’s real estate sector.

Banking & finance

Outlook darkens as banks navigate stormy seas

SINGAPORE (May 15): In a recent press release by Accenture, a consultant suggested four key areas that demand banks attention: Credit management, revenue compression, customer service and operating

Banking & finance

Earnings, dividends, credit costs and RWA

SINGAPORE (May 15): The three local banks have taken slightly different approaches to pro-visioning and dividends.


UOB loans $4 bil to mid-sized enterprises affected by Covid-19

SINGAPORE (May 5): United Overseas Bank (UOB) has approved $4 billion in loans under the Temporary Bridging Loan Programme (TBLP).


DBS, OCBC, UOB set to post first profit decline since 2016

(Apr 29): All three of Singapore’s banks are expected to see profit declines for the first time since 2016 as they set aside cash for a potential spike in bad loans stemming from the coronavirus-fu


DBS, OCBC, UOB likely to record impairments owing to Hin Leong Trading bankruptcy: Phillip Securities

SINGAPORE (April 22): The bankruptcy filing by Hin Leong Trading (HLT), a major oil trading firm in Singapore, is set to hit the three local banks, according to Phillip Securities.

Broker's Calls

MAS support to benefit local banks, reduce strain from Covid-19: Phillip Securities

SINGAPORE (Apr 13): As the Monetary Authority of Singapore (MAS) has stepped in to support the local banking sector, Phillip Securities continues to be “overweight” on Singapore banks.


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

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.

Be informed of the stories that matter