United Overseas Bank (UOB)
Recent News About United Overseas Bank (UOB)
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US tariffs prompt shifts in Southeast Asian business strategies
Businesses in Southeast Asia are adapting their strategies following the recent tariffs announced by the United States on April 2, 2025.
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UOB introduces FutureGen Scholarship for regional students
UOB has announced the launch of the UOB FutureGen Scholarship Programme, which will offer scholarships to 90 students from the region to study in Singapore.
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UOB partners with SG Eco Fund for sustainability awareness through art
UOB and the SG Eco Fund have entered into a two-year partnership to enhance community awareness of sustainability through art.
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UOB launches artist alumni network alongside opening of painting competition
UOB recently initiated its Artist Alumni Network with a sharing session as it launched the 2025 UOB Painting of the Year (POY) competition.
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UOB partners with Accenture to transform customer experience with AI technology
UOB and Accenture have entered into a strategic partnership to apply advanced technologies, including generative artificial intelligence (GenAI), in transforming customer experiences over the next three years.
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IHH Healthcare secures S$300 million sustainability-linked loan with UOB
IHH Healthcare has secured a sustainability-linked loan valued at S$300 million through United Overseas Bank (UOB).
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UOB updates financing frameworks to support SMEs' green transitions
UOB has announced initiatives to enhance its support for small- and medium-sized enterprises (SMEs) in sectoral value chains, facilitating their access to sustainable financing through its Sustainable Financing Frameworks.
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NTU Singapore receives S$110M gift to fund new educational initiatives
UOB and the Wee Foundation have collectively pledged S$110 million to Nanyang Technological University, Singapore (NTU), a donation that will be matched by the government to form a S$275 million endowment.
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UOB increases charter capital and invests in new headquarters in Vietnam
UOB is set to increase the charter capital of its Vietnam subsidiary to VND10 trillion, equivalent to S$520 million, pending approval by the State Bank of Vietnam.
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UOB opens FDI Advisory Centre in Seoul to support Korean expansion into Southeast Asia
UOB has launched its 11th Foreign Direct Investment (FDI) Advisory Centre in Seoul, aiming to assist Korean companies in expanding into the ASEAN market.
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UOB Asset Management changes United SSE 50 ETF index tracking
UOB Asset Management Ltd (UOBAM) has announced a shift in the index tracked by its United SSE 50 China Exchange-Traded Fund (ETF).
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UOB commits $30 million for Southeast Asian student support on its 90th anniversary
UOB has announced a significant initiative to mark its 90th anniversary by pledging $30 million to support educational programs for disadvantaged students across Southeast Asia.
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Nominations open for Sustainability Impact Awards 2025
The Sustainability Impact Awards 2025, jointly presented by The Business Times and UOB, are now open for nominations until May 16, 2025.
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UOB announces S$3 billion plan for shareholder rewards
UOB Group has unveiled a S$3 billion package aimed at distributing capital to its shareholders.
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UOB reports record $6B profit for FY24; proposes special dividends
UOB Group has announced a record net profit of S$6.0 billion for the financial year ending December 31, 2024, marking a 6% increase from the previous year.
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UOB partners with Invest Johor to expedite investments into special economic zone
UOB has launched a Green Lane in collaboration with Invest Johor to expedite investments into the Johor-Singapore Special Economic Zone (JS-SEZ).
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UOB raises over $2.6 million for charity at Lunar New Year event
UOB, in collaboration with around 1,200 business clients, has successfully raised over $2.6 million for charity during its annual Lunar New Year celebrations.
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Business chambers unite for cross-border investments in Southeast Asia
The Singapore Chinese Chamber of Commerce and Industry (SCCCI), the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM), and UOB have signed a Memorandum of Understanding (MOU) to enhance cross-border business collaboration.
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NUS partners with banks for innovative green bond credential tokenization
The National University of Singapore (NUS), in collaboration with Northern Trust and UOB, has launched an initiative to tokenize green bond credentials.
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UOB appoints new group chief financial officer effective April 2025
UOB has announced the appointment of Mr. Leong Yung Chee as its new Group Chief Financial Officer (CFO), effective from April 22, 2025. Mr. Leong, currently serving as Head of Group Corporate Banking, will take over from Mr. Lee Wai Fai, who is...