CORPORATE FACTSHEET.
WHO WE ARE Jul 17
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 offices in 19 countries and
territories in Asia Pacific, Europe and North America.
In Asia, UOB operates through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well
as branches and representative offices.
UOB provides a wide range of financial services globally through our three core business segments – Group Retail, Group Wholesale
Banking and Global Markets. Our offering includes personal financial services, private banking, business banking, commercial and
corporate banking, transaction banking, investment banking, corporate finance, capital market activities, treasury services, brokerage and
clearing services. Through our subsidiaries, we also provide asset management, venture capital management and insurance services.
BUSINESS STRATEGY
Guided by our values, we help our customers grow their wealth, manage their businesses and seize opportunities across the region and
through economic cycles. We are committed to achieving sustainable and stable growth that creates long-term value for our stakeholders.
Our Strategic Priorities include:
Fulfilling consumers’ financial needs with the right solutions in the manner they prefer, by helping our customers safeguard their
assets and achieve sustainable yield; benefit from programmes designed to suit their lifestyles and ambitions; and grow their wealth
for the next generation;
Supporting businesses in the region by providing greater connectivity and specialisation in key sectors, by leveraging our strong
regional franchise, deep local knowledge and industry expertise; providing holistic and integrated solutions; and partnering financial
institutions as they grow in Asia;
Developing our people and building meaningful careers;
Augmenting our digital capabilities and technology systems to make banking simpler and safer; and
Sharpening our risk management and service capabilities, while maintaining robust capitalisation and diversified funding base.
CREDIT RATINGS
Moody’s Investors
Service Standard & Poor’s Fitch Ratings
Issuer Rating (Senior Unsecured) Aa1 AA– AA–
Outlook Stable Stable Stable
Short Term Debt P-1 A-1+ F1+
FINANCIAL OVERVIEW
S$ million 2013 2014 2015 2016 Jun 2017 YTD
Balance Sheet
Total Assets 284,229 306,736 316,011 340,028 344,414
Customer Loans (net of provisions) 178,857 195,903 203,611 221,734 223.792
Customer Deposits 214,548 233,750 240,524 255,314 259,920
Key Indicators
Total Income 6,720 7,457 8,048 8,061 4,306
1
Net Profit After Tax 3,008 3,249 3,209 3,096 1,652
2 4
Basic Earnings Per Ordinary Share ($) 1.84 1.98 1.94 1.86 1.96
2 4
Return On Average Shareholders' Equity (%) 12.3 12.3 11.0 10.2 10.2
4
Return On Average Total Assets (%) 1.12 1.10 1.03 0.95 0.97
3
Net Dividend Per Ordinary Share (¢) 75 75 90 70 35
Capital Adequacy Ratios
Common Equity Tier 1 (%) 13.2 13.9 13.0 13.0 13.8
Total (%) 16.6 16.9 15.6 16.2 17.8
Notes:
1. Refer to amount attributable to equity holders of the Bank.
2. Calculated based on profit attributable to equity holders of the Bank net of preference share dividend and capital securities distributions.
3. Includes special dividend of 5 cents each in 2013 and 2014; as well as 80th Anniversary dividend of 20 cents in 2015.
4. Computed on an annualised basis.
CORPORATE FACTSHEET.
10-YEAR CORPORATE MILESTONES
2008 United Overseas Bank (China) commenced business in January 2008.
In China, UOB acquired a 15% stake in Evergrowing Bank Co., Ltd.
In Vietnam, UOB increased its interest in The Southern Commercial Joint Stock Bank from 10% to 15%.
UOB increased its stake in UOB Buana to almost 99% and de-listed it.
2009 UOB Mumbai Branch, UOB’s maiden branch in India, commenced business on 29 December 2009.
2010 Building a leading bancassurance platform in Asia – strategic alliance with Prudential Group and sale of UOB Life Assurance Limited.
Bank Indonesia approved the merger of PT Bank UOB Indonesia into PT Bank UOB Buana. PT Bank UOB Buana became the surviving entity
and PT Bank UOB Indonesia was dissolved by the operation of law.
2011 PT Bank UOB Buana renamed to PT Bank UOB Indonesia.
In Vietnam, UOB increased its interest in The Southern Commercial Joint Stock Bank from 15% to 20%.
2013 In Thailand, UOB Asset Management Limited (UOBAM), wholly owned subsidiary of UOB, acquired 100% of ING Funds (Thailand) Company
Limited, and renamed the new subsidiary as “UOB Asset Management (Thailand) Co., Ltd”.
Mr Hsieh Fu Hua succeeded Dr Wee Cho Yaw, as non-executive Chairman of the UOB Group. Dr Wee Cho Yaw remains as Group Chairman
Emeritus and Adviser.
2014 UOB was awarded a Foreign Bank Licence by the Central Bank of Myanmar to open a banking branch in Myanmar.
2015 UOB opened its first branch in Yangon, Myanmar in May 2015.
Far Eastern Bank Limited became a wholly-owned subsidiary of UOB in June 2015.
UOB entered into a joint venture with Temasek Holdings (Private) Limited in July 2015, to provide venture debt financing to start-ups in China,
India and Southeast Asia.
UOB partnered Infocomm Investments Pte Ltd to set up The FinLab in November 2015, to promote and accelerate the growth of the financial
technology start-ups and innovators in the region.
2016 UOB’s Manila branch commenced operations in January 2016 under its new commercial banking licence, taking over the banking business
from United Overseas Bank Philippines.
UOB partnered with OurCrowd, a leading global equity crowdfunding platform in March 2016, to provide equity crowdfunding in Asia.
UOB launched an inaugural €500 million five-year covered bond offering in March 2016. The issuance was under UOB’s maiden US$8 billion
Global Covered Bond Programme, which was launched in November 2015.
2017 UOB received in-principle foreign-owned subsidiary bank licence from the State Bank of Vietnam.
RECENT AWARDS & ACCOLADES
2017
Asiamoney – Best Bank Awards 2017: Myanmar
Best International Bank
Retail Banker International (RBI) – RBI Asia Trailblazer Awards 2017
Excellence in Mobile Banking Overall – UOB Mighty
Excellence in Mobile Banking Customisation – UOB Mighty
Best Innovation in Service Delivery ATM – UOB Contactless ATM
The Asian Banker – International Excellence in Retail Financial Services Award 2017
SME Bank of the Year
Deposit Product of the Year – UOB ONE Account
The Asian Banker – Transaction Banking Awards 2017
The Best Trade Finance Bank in Singapore
The Best Transaction Bank in Singapore
The Best Cash Management Bank in Singapore
The Asset – Triple A Treasury, Trade, Supply Chain and Risk Management Awards 2017
Best in Treasury and Working Capital, MNCs/LLCs, Singapore
Best in Treasury and Working Capital, NBFIs, Singapore
Best in Treasury and Working Capital, SMEs, Thailand
Best Service Providers, Cash Management, Singapore
Best Service Providers, Liquidity Management, Singapore
Best Cash Management Solution, Financial Services, Singapore
Best Cash Management Solution, Information Technology, Singapore
Best Cash Management Solution, E-Commerce, Indonesia
Best Supply Chain Solution, Information Technology, Indonesia
Best Structured Trade Finance Solution, Construction, Indonesia
Best SME Cash Management Solutions, Consumer Goods, Singapore
Best SME Cash Management Solutions, Financial Services, Indonesia
Best Cash Management Solution, Plantations, Malaysia
United Overseas Bank Limited
Investor Relations
Facsimile (65) 6538 0270
Email InvestorRelations@UOBgroup.com
Corporate Website www.uobgroup.com
Company Reg No. 193500026Z
Disclaimer: This material is a publication of general background information about the Bank’s activities current at the date of the publication. It is information
given in summary form and does not purport to be complete. It is not to be relied upon as advice to investors or potential investors and does not take into
account the investment objectives, financial situation or needs of any particular investor. These should be considered with or without professional advice when
deciding if an investment is appropriate. UOB accepts no liability whatsoever with respect to the use of this document or its content.
