- CEO
- Ee Cheong Wee
- Full Time Employees
- 32,071
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- UOB Plaza Singapore Singapore 048624
- IPO Date
- Nov 18, 1996
- Business
- United Overseas Bank Limited (UOB) is a leading bank in Asia that provides a wide range of financial services globally through its three core business segments of Group Retail, Group Wholesale Banking and Group Global Markets; its offerings include consumer banking, private banking, business banking, commercial and corporate banking, transaction banking, investment banking, treasury services, corporate finance, capital markets activities, brokerage and clearing services; through subsidiaries, it also provides asset management, private equity fund management, venture capital and insurance services. UOB operates a global network of more than 500 offices in 19 countries and territories across Asia Pacific, Europe and North America, with its primary presence in Asia through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches in countries including Brunei, Myanmar, Philippines, India, Hong Kong, Japan, South Korea, Taiwan, Australia, the United States, Canada, the United Kingdom and France. Founded in 1935 and headquartered at 80 Raffles Place, UOB Plaza 1, Singapore, the bank serves individual consumers, high-net-worth clients, small and medium-sized enterprises, large corporations and institutional customers, with a focus on ASEAN connectivity, Greater China and cross-border trade. Recent major developments include the completion of its acquisition of Citigroup's consumer banking businesses in Indonesia, Malaysia, Thailand and Vietnam between 2022 and 2023, significantly expanding its regional customer base to over 8.4 million and enhancing its scale in ASEAN retail and wealth management; in 2024-2025, UOB acted as sole financial adviser and acquisition finance provider for E2I Ltd's SG$905 million voluntary general offer to privatise Silverlake Axis Ltd, marking the largest take-private transaction by market capitalisation on the Singapore Exchange that year, and led complex cross-border deals such as the US$4,200 million syndicated term loan for the merger of Gulf Energy Development and Intouch Holdings in Thailand, along with financing for BWID in Vietnam; the bank reported record investment banking fees and double-digit growth in wealth management income for the first half of 2025, with operating profit up 3% year-on-year to S$4.0 billion, supported by a 12% increase in trade loans and resilient asset quality. UOB maintains top-tier credit ratings of Aa1 from Moody's Investors Service and AA- from S&P Global Ratings and Fitch Ratings, underscoring its strong capital position with a Common Equity Tier 1 ratio of 15.3% as of mid-2025.