BNET Industries
Last Fiscal Year Sales:$5.5B
- Public
- SG
Dow Jones Description
United Overseas Bank Limited (UOB) is a leading bank in Singapore with a strong presence in the Asia-Pacific region. Incorporated on 6 August 1935 as the United Chinese Bank by Datuk Wee Kheng Chiang, the Bank catered mainly to the Fujian community in its early years. The Bank changed its name in 1965. Over the years, UOB has established a significant footprint in Asia. Besides Far Eastern Bank in Singapore, UOB's banking subsidiaries in the region are United Overseas Bank (Malaysia), United Overseas Bank (Thai), PT Bank UOB Indonesia, PT Bank UOB Buana and United Overseas Bank (China). Today, UOB provides a wide range of financial services through its global network of over 500 offices in 18 countries and territories in Asia Pacific, Western Europe and North America. As at 31 December 2007, the UOB Group had total assets of S$175.0 billion and shareholders' equity of S$17.3 billion. It achieved a net profit after tax of S$2.1 billion in 2007 with a ROE of 12.6%. For updates, view our financial results.
Number of Employees 13,849
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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UPDATE 1-Singapore's UOB says Q3 profit beats forecast
News & Analysis
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united overseas bank ltd. - All News and Analysis
Malaysia's United Overseas Bank Chooses ORION HA
- 2008-02-05
Vision Solutions, the leading high availability HA solution provider in the IBM System i and System p markets, today announced United Overseas Bank Malaysia Berhad UOB Malaysia implemented ORION HA for i5/OS to deliver business continuity and IT resiliency throughout their advanced global network. UOB-Malaysia is a...
Malaysia's United Overseas Bank Chooses ORION HA; Vision Solutions' high availability software provides 24/7 business continuity for one of Asia's most distinguished financial institutions, ensuring unparalleled service for global consumers.
- 2008-02-05
M2 PRESSWIRE-5 February 2008-Vision Solutions: Malaysia's United Overseas Bank Chooses ORION HA; Vision Solutions' high availability software provides 24/7 business continuity for one of Asia's most distinguished financial institutions, ensuring unparalleled service for global consumersC1994-2008 M2 COMMUNICATIONS LTD RDATE:05022008 ...
Wall Street Systems expands presence in Asia; Newly formed United Overseas Bank (Thai) live with The Wall Street System.
- 2006-02-14
M2 PRESSWIRE-14 February 2006-Wall Street Systems: Wall Street Systems expands presence in Asia; Newly formed United Overseas Bank Thai live with The Wall Street SystemC1994-2006 M2 COMMUNICATIONS LTD RDATE:13022006 New York, London - Wall Street Systems, Inc., a leading provider of...
UOB takes over control of Bank Buana.(United Overseas Bank Ltd., Bakrie and Brothers P.T.)(Brief Article)
- 2005-07-26
The United Overseas Bank UOB of Singapore has signed the acquisition of 30% more stake in Bank Buana making it the majority 53% shareholder of the publicly listed Indonesian bank. The additional stake was acquired from former majority shareholder PT Sari Dasa Karsa, signed by UOB...
The Back Page: The Bottom Line - UOB Continues Singapore Bank's Expansionary Trend.(United Overseas Bank )
- 2004-07-01
The announcement in mid-May by United Overseas Bank UOB, the highest-placed bank from Singapore in the 2004 Top 1000, that it had acquired 80.8% of Bank of Asia in Thailand from ABN Amro was the latest in a line of expansionist moves by banks from the city-state....
United Overseas Bank wants purchase outside Singapore.
- 2003-09-18
Sep 18, 2003 (The Asian Wall Street Journal - ABIX via COMTEX) Singaporean-based United Overseas Bank has plans to make several acquisitions in Thailand and Indonesia over the next two years. Wee Cho Yaw, chairman of the bank, said that the bank is looking for...
United Overseas Bank says net gained 15% following acquisition.
- 2003-03-04
Mar 04, 2003 (The Asian Wall Street Journal - ABIX via COMTEX) United Overseas Bank reported a 15 per cent increase in net profit for 2002. The bank said that the increase was achieved thanks to a significant contribution from the recently acquired Overseas Union...
RAM REAFFIRMS RATINGS OF UNITED OVERSEAS BANK MALAYSIA.
- 2003-02-13
KUALA LUMPUR, Feb 13 Asia Pulse - Rating Agency Malaysia RAM has reaffirmed United Overseas Bank Malaysia Berhad's UOBM long- and short-term ratings at AA1 and P1, respectively. "The ratings reflect the bank's sound credit risk management, which has translated into an asset quality that is superior to...
United Overseas Bank posts 30% rise in net.
- 2002-08-09
Aug 09, 2002 The Asian Wall Street Journal ABIX via COMTEX -- United Overseas Bank recorded a net profit of $S591.1m for the six months ending 30 June 2002. The result represents an increase of 30 for the Singaporean-based banking institution. The share price...
RAM UPGRADES UNITED OVERSEAS BANK MALAYSIA'S LONG-TERM RATING.
- 2002-04-19
KUALA LUMPUR, April 19 Asia Pulse - Rating Agency Malaysia RAM has upgraded United Overseas Bank Malaysia Berhad's UOBM long-term rating from AA2 to AA1 and reaffirmed its short-term rating at P1. It said the upgrade reflects the positive developments in the bank following its acquisition of Overseas...
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