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RHT Chestertons Valuation and Advisory have tied up with UOB Business Banking to launch Singapore’s first instant indication guide for commercial property. Within the «Real Commercial» app developed by Soreal Prop and United Overseas Bank (UOB), one can find…
UOB has asked Libra Group, which is mired in financial troubles, to pay up $18.8 million. UOB has issued a letter of demand to Libra Group for the above amount, based on outstanding banking facilities, the Catalist-listed company announced in a filing on…
In order to upgrade its staff and equip them for the digital era, UOB has launched a comprehensive learning and development program to upskill its employees. The Better U program includes a 12-week foundation course alongside more specific career pathways and…
Singapore Poultry Hub hopes to improve its productivity by 26 percent and its capacity by 70 percent with the new smart and green factory. United Overseas Bank (UOB) has just announced a loan of S$40 million ($29 million) to Singapore Poultry Hub, which will…
The program, now in its third edition, aims to help startups, SMEs and businesses adopt digital technology to drive productivity and growth. Sixteen Malaysian SMEs have been selected to take part in UOB’s three-month-long digital accelerator program, the bank…
UOB has opened a branch in China’s Zhongshan City, furthering its commitment to the Greater Bay Area. It is one of the first foreign banks to do so. UOB (China) became the first foreign bank to open a branch in Guangdong’s Zhongshan City on Thursday,…
UOB co-launched a one-stop commercial property solution that includes instant valuation capabilities that can improve speeds by over 10,000 times compared to traditional means. The digital solution «RealCommerical», co-launched with property tech firm SoReal…
Following months of discussions between the two banks over the transfer of the trading representatives, about 100 remisiers from DBS Vickers will join UOB Kay Hian. DBS Vickers has agreed to transfer its offline retail securities brokerage business to UOB Kay…
Banks in Asia continue to place strong emphasis on entrepreneurs, including UOB, which has launched a networking initiative for knowledge-sharing and collaboration opportunities within the segment. Members of «The Business Circle» will be able to tap into the…
UOBAM is strengthening its franchise in Southeast Asia through its expansion into Indonesia, the region’s largest market, with the acquisition of PG Asset Management. UOB Asset Management, a wholly-owned subsidiary of UOB, has completed its acquisition of a…
Singapore-listed heavy equipment supplier, Hoe Leong, said it received a statuary demand from a law firm acting on behalf of UOB, seeking payment of about 5.7 million Singapore dollars. The statutory demand, issued by law firm Allen & Gledhill on behalf of…
The bank’s first branch outside Ho Chi Minh City comes a year after the incorporation of UOB (Vietnam), the bank’s Vietnam subsidiary. United Overseas Bank (UOB) has announced the opening of its first branch in Vietnam’s capital Hanoi, marking the bank’s…
UOB China partners with major Beijing-based co-working space provider Ucommune to provide its clients with favorable rental solutions while also accessing their new Chinese client base. In addition to access to over 200 co-working spaces in China, UOB’s…
UOB seeks to expand its banking base in Asia’s small to medium-sized enterprises with the latest targeting of trade association in Malaysia. The bank will collaborate with three trade associations (SME Association of Sabah, Malaysia-China Chamber of Commerce…
The bank’s strong second quarter was driven by strong wealth management flows, higher credit card volume and higher trading income. UOB’s net earnings grew in the second quarter to S$1.17 billion ($850 million) – 11 percent higher year-on-year and 8 percent…
United Overseas Bank Limited (UOB) and Zilingo, a fashion and lifestyle e-commerce platform, today announced that they have signed a Memorandum of Understanding (MOU) to support the growth of ASEAN’s fashion industry. Under the MOU, businesses on Zilingo’s…
