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United Overseas Bank Ltd (UOVEY.PK)

UOVEY.PK on OTC Markets Group

34.52USD
18 Aug 2017
Change (% chg)

$0.05 (+0.15%)
Prev Close
$34.47
Open
$34.71
Day's High
$34.71
Day's Low
$34.29
Volume
19,169
Avg. Vol
43,427
52-wk High
$36.32
52-wk Low
$25.85

Latest Key Developments (Source: Significant Developments)

United Overseas Bank says qtrly net profit after tax S$845 mln
Thursday, 27 Jul 2017 06:53pm EDT 

July 28 (Reuters) - United Overseas Bank Ltd :qtrly net profit after tax s$ 845 million versus s$801 million a year ago.Qtrly net interest income s$ 1,356 million versus s$1,211 million.as at June 30, NPL ratio was 1.5 percent versus 1.4 percent a year ago.qtrly net interest margin 1.75 percent versus 1.68 percent a year ago.as at June 30, cet1 capital adequacy ratio 13.8 percent versus 13.1 percent a year ago.an interim one-tier tax-exempt dividend of 35 cents per ordinary share has been declared in respect of fy ending 31 dec 2017.  Full Article

United Overseas Bank receives approval to set up subsidiary bank in Vietnam
Thursday, 20 Jul 2017 03:37am EDT 

July 20 (Reuters) - United Overseas Bank Ltd :Received in-principal approval for UOB to set up subsidiary bank in Vietnam.  Full Article

United Overseas Bank entered into a merger agreement with Far Eastern Bank
Wednesday, 28 Jun 2017 07:32am EDT 

June 28 (Reuters) - United Overseas Bank Limited -:Proposed Merger Of Far Eastern Bank Limited Into United Overseas Bank Limited.Uob entered into a merger agreement with Far Eastern Bank Limited.  Full Article

United Overseas Bank sees lower NPL from oil and gas sector in 2017
Wednesday, 17 May 2017 05:37am EDT 

May 17 (Reuters) - United Overseas Bank Ltd ::"UOB believes that new non-performing loans and specific allowances from oil and gas sector should be lower in 2017 than in 2016"."Singapore mortgage portfolio will remain resilient, with no systemic signs of asset quality risk as interest rates, unemployment expected to remain conducive"."Long-term structural drivers for Asia remain intact"."We do not expect widespread asset quality deterioration in 2017, barring unforeseen developments".  Full Article

United Overseas Bank posts qtrly net profit after tax S$807 million
Thursday, 27 Apr 2017 06:58pm EDT 

April 28 (Reuters) - United Overseas Bank Ltd :Qtrly net profit after tax S$807 million versus S$766 million a year ago.No dividend on ordinary shares has been declared for Q1 of 2017.Qtrly net interest margin decreased 5 basis points to 1.73%..As at 31 March 2017, group's common equity tier 1 and total capital adequacy ratio (CAR) remained strong at 13.2% and 17.3% respectively.Qtrly net interest income grew 2.3% to S$1.30 billion.  Full Article

United Overseas Bank says Uob Ltd prices A$300 mln 4-year senior unsecured floating rate notes
Tuesday, 28 Mar 2017 07:38am EDT 

United Overseas Bank Limited : Uob Ltd, Sydney Branch Prices A$300 Mil 4-year Senior Unsecured Floating Rate Notes Due April 2021 .Notes will be issues under the s$15 billion euro-medium term note programme.  Full Article

United Overseas Bank receives approval to set up unit in Vietnam
Thursday, 23 Mar 2017 02:47am EDT 

United Overseas Bank Ltd : Received preliminary approval from State Bank of Vietnam to establish a foreign-owned subsidiary bank in Vietnam .State Bank of Vietnam has said it will issue UOB an in-principle approval for FOSB licence by June 2017.  Full Article

United Overseas Bank prices 500 mln euros 0.125 pct covered bonds
Wednesday, 22 Feb 2017 07:01pm EST 

United Overseas Bank Limited : United Overseas Bank Limited Prices Eur500 Million 0.125% Covered Bonds Due 2022 .Issue price: 99.498% of principal amount of covered bonds.  Full Article

United Overseas Bank Limited prices notes
Monday, 20 Feb 2017 08:30pm EST 

United Overseas Bank Limited - : United Overseas Bank Limited Prices S$750 Million 3.5% Subordinated Notes Due 2029 . Intends to issue s$750 million 3.50% subordinated notes due 2029 callable in 2024 ( "notes") . Notes will be issued under s$15 billion euro medium term note programme .Issue date of notes is currently expected to be on 27 february 2017.  Full Article

United Overseas Bank Limited prices notes
Monday, 20 Feb 2017 06:56pm EST 

United Overseas Bank Limited - : United Overseas Bank Limited Prices S$750 Million 3.5% Subordinated Notes Due 2029 . Intends to issue s$750 million 3.50% subordinated notes due 2029 callable in 2024 ( "notes") . Notes will be issued under s$15 billion euro medium term note programme .Issue date of notes is currently expected to be on 27 february 2017.  Full Article

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United Overseas Bank quarterly profit rises 5.5 percent to two-year high

SINGAPORE Singapore's United Overseas Bank posted a 5.5 percent increase in its second-quarter net profit, largely boosted by growth in net interest income and fee and commission income.