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United States

United Overseas Bank Ltd (UOBH.SI)

UOBH.SI on Stock Exchange of Singapore

24.51SGD
26 Aug 2019
Change (% chg)

$-0.14 (-0.57%)
Prev Close
$24.65
Open
$24.35
Day's High
$24.54
Day's Low
$24.21
Volume
1,610,900
Avg. Vol
2,758,567
52-wk High
$27.97
52-wk Low
$23.39

Latest Key Developments (Source: Significant Developments)

United Overseas Bank Limited Prices US$600 Mln 3.75% Subordinated Notes Due 2029
Monday, 8 Apr 2019 07:24pm EDT 

April 9 (Reuters) - United Overseas Bank Ltd ::UNITED OVERSEAS BANK LIMITED PRICES US$600 MILLION 3.75% SUBORDINATED NOTES DUE 2029.INTENDS TO ISSUE US$600 MILLION 3.75% SUBORDINATED NOTES DUE 2029 CALLABLE 2024.ISSUE PRICE IS 99.657% OF PRINCIPAL AMOUNT OF NOTES.  Full Article

United Overseas Bank Unit Enters Asset Purchase Agreement With INTL FCStone Pte. Ltd
Tuesday, 19 Mar 2019 12:46am EDT 

March 19 (Reuters) - United Overseas Bank Ltd ::UNITED OVERSEAS BANK - UNIT ENTERED INTO AN ASSET PURCHASE AGREEMENT WITH INTL FCSTONE PTE. LTD. TO SELL CERTAIN ASSETS OF ITS BUSINESS FOR US$5M.UNITED OVERSEAS BANK LTD - CO ENTERED AGREEMENT WITH A VIEW TO WINDING DOWN BUSINESS AFTER COMPLETION.  Full Article

Prudential PLC And UOB Renew And Expand Regional Bancassurance Alliance
Wednesday, 9 Jan 2019 11:30pm EST 

Jan 10 (Reuters) - Prudential Plc ::PRUDENTIAL PLC AND UOB RENEW AND EXPAND THEIR REGIONAL STRATEGIC BANCASSURANCE ALLIANCE.AN INITIAL FEE OF £662 MILLION WILL BE PAID UNDER AGREEMENT WHICH WILL BE FUNDED THROUGH INTERNAL RESOURCES.  Full Article

United Overseas Bank Says Signed Agreement To Renew Strategic Regional Bancassurance Arrangement With Prudential Group
Wednesday, 9 Jan 2019 11:15pm EST 

Jan 10 (Reuters) - United Overseas Bank Ltd ::HAS SIGNED AN AGREEMENT TO RENEW ITS STRATEGIC REGIONAL BANCASSURANCE ARRANGEMENT WITH PRUDENTIAL GROUP FOR 15 YEARS.A FEE OF S$1.15 BILLION WILL BE PAID THAT WILL BE ACCRUED OVER LIFE OF BANCASSURANCE ARRANGEMENT.UNDER AGREEMENT, UOB GROUP TO DISTRIBUTE PRUDENTIAL GROUP'S LIFE INSURANCE PRODUCTS TO ITS CONSUMER BANKING CUSTOMER BASE.  Full Article

United Overseas Bank Announces Acquisition Of Shares In Pt Pg Asset Management
Monday, 26 Nov 2018 04:31am EST 

Nov 26 (Reuters) - United Overseas Bank Ltd ::ANNOUNCES ACQUISITION OF SHARES IN PT PG ASSET MANAGEMENT.CONSIDERATION FOR ACQUISITION IS S$2.25 MILLION.ACQUISITION NOT EXPECTED TO HAVE A MATERIAL IMPACT ON EARNINGS OR NET TANGIBLE ASSETS OF UOBAM OR UOB GROUP FOR CURRENT FY.UNIT ENTERED AGREEMENT WITH PT MULTIKEM SUPLINDO FOR ACQUISITION OF 75% OF ISSUED SHARES IN PT PG ASSET MANAGEMENT.  Full Article

United Overseas Bank, Grab Announce Strategic Regional Alliance
Sunday, 11 Nov 2018 11:03pm EST 

Nov 12 (Reuters) - United Overseas Bank Ltd ::UOB AND GRAB ANNOUNCE STRATEGIC REGIONAL ALLIANCE.ALLIANCE WILL ENABLE UOB TO DELIVER FINANCIAL SERVICES TO GRAB'S ASEAN-WIDE USER BASE.UNDER ALLIANCE, UOB WILL BECOME GRAB'S PREFERRED BANKING PARTNER IN SINGAPORE.UOB WILL ALSO BE A STRATEGIC CREDIT CARD PARTNER FOR GRAB IN SINGAPORE, INDONESIA, MALAYSIA, THAILAND AND VIETNAM.UNDER ALLIANCE, BOTH COMPANIES WILL ALSO EXPLORE LAUNCHING CO-BRANDED CREDIT CARDS IN ASEAN.BANK IS ALSO WORKING WITH GRAB TO EMBED FEATURES OF ITS UPCOMING DIGITAL BANK WITHIN GRAB'S MOBILE APP.UOB-CO TO ALSO EXPLORE SUPPORT FOR GRAB IN OTHER AREAS INCLUDING FLEET FINANCING, REGIONAL & CENTRALISED TREASURY MANAGEMENT SOLUTIONS, AMONG OTHERS.  Full Article

United Overseas Bank Posts Qtrly Net Profit After Tax S$1,037 Mln
Thursday, 25 Oct 2018 06:44pm EDT 

Oct 26 (Reuters) - United Overseas Bank Ltd ::Q3 NET INTEREST INCOME S$1.60 BILLION VERSUS S$1.41 BILLION.QTRLY NET PROFIT AFTER TAX S$1,037 MILLION VERSUS S$883 MILLION.AS AT 30 SEPT 2018, GROUP'S COMMON EQUITY TIER 1 CAR WAS 14.1%.  Full Article

United Overseas Bank Announces Digital Bank
Thursday, 2 Aug 2018 06:48pm EDT 

Aug 3 (Reuters) - United Overseas Bank Ltd ::ANNOUNCES DIGITAL BANK FOR ASEAN'S BASE OF 'MOBILE FIRST' AND 'MOBILE ONLY' CUSTOMERS.DIGITAL BANK AIMS TO BUILD CUSTOMER BASE OF 3 TO 5 MILLION IN NEXT 5 YEARS OPERATING AT STEADY-STATE COST-TO-INCOME RATIO OF 35 PERCENT.  Full Article

United Overseas Bank Posts Q2 Net Profit After Tax Of S$1.08 Bln
Thursday, 2 Aug 2018 06:44pm EDT 

Aug 3 (Reuters) - United Overseas Bank Ltd ::Q2 NET PROFIT AFTER TAX S$ 1,077 MILLION VERSUS S$845 MILLION.Q2 NET INTEREST INCOME S$ 1,542 MILLION VERSUS S$1,356 MILLION.DECLARED INTERIM DIVIDEND OF 50 CENTS PER ORDINARY SHARE.Q2 NET INTEREST MARGIN 1.83 PERCENT VERSUS 1.75 PERCENT.NPL RATIO 1.7 PERCENT AS AT QUARTER END.COMMON EQUITY TIER 1 RATIO 14.5% AS AT QUARTER END.  Full Article

United Overseas Bank Says Sydney Branch Intends To Issue A$600 Mln Floating Rate Notes
Tuesday, 17 Jul 2018 06:27pm EDT 

July 18 (Reuters) - United Overseas Bank Ltd ::SYDNEY BRANCH INTENDS TO ISSUE A$600 MILLION FLOATING RATE NOTES DUE JANUARY 2022.NOTES WILL BE ISSUED UNDER U.S.$15 BILLION GLOBAL MEDIUM TERM NOTE PROGRAMME.  Full Article

SE Asia Stocks-End firmer as Sino-U.S. trade truce whets risk appetite

* Vietnam, Singapore lead gains, both rise over 1.5% * Thailand's June headline inflation falls below c.bank target * Vietnam's June manufacturing activity rises, new orders grow By Rashmi Ashok July 1 Southeast Asian stock markets ended firmer on Monday, after weeks of volatile trade, as an agreement by the United States and China to restart trade talks after President Donald Trump offered concessions revived risk appetite. Trump said on Saturday talks with