OverviewSuggest Edit

United Overseas Bank is a provider of banking products and services. It operates through four segments: Group Retail, Group Wholesale Banking, Global Markets, and Other. The Group Retail segment offers a range of products and services, including deposits, insurance, card, wealth management, investment, loan, and trade financing products. The Group Wholesale Banking provides financing, trade services, cash management, capital markets solutions, and advisory and treasury products. The Global Markets segment offers treasury products and services across multi-asset classes which include foreign exchange, interest rate, credit, commodities, equities, and structured investment products to help customers manage market risks and volatility. The Others segment includes corporate support functions and divisions not attributable to business segments mentioned above and other activities, which comprises property, insurance, and investment management.

TypePublic
Founded1935
HQSingapore, SG
Websiteuobgroup.com
Employee Ratings4.1
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2020)25,466(-5%)
Revenue (FY, 2020)$11.6 B(-20%)
Share Price (Nov 2021)S$27.7
Cybersecurity ratingBMore
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Key People/Management at United Overseas Bank

Wee Ee Cheong

Wee Ee Cheong

Deputy Chairman and Chief Executive Officer
Chan Kok Seong

Chan Kok Seong

Group Chief Risk Officer
Federico Burgoni

Federico Burgoni

Head, Group Strategy and Transformation
Frederick Chin Voon Fat

Frederick Chin Voon Fat

Head, Group Wholesale and Global Markets
Susan Hwee Wai Cheng

Susan Hwee Wai Cheng

Head, Group Technology and Operations
Hendra Gunawan

Hendra Gunawan

President Director, PT Bank UOB Indonesia
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United Overseas Bank Office Locations

United Overseas Bank has offices in Singapore, City, Los Angeles, New York and in 23 other locations
Singapore, SG (HQ)
80 Raffles Pl
City, SG
3 Anson Rd, 28 01 Springleaf Tower
Singapore, SG
8 Anthony Rd, #01-01
Melbourne, AU
350 Collins Street, Level 7
Sydney, AU
32 Martin Place Level 9, United Overseas Bank Building
Bandar Seri Begawan, BN
Lot 54989, Kampong Kiarong Units 10 and 11, Bangunan D’Amin Jaya
Show all (39)

United Overseas Bank Financials and Metrics

United Overseas Bank Revenue

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View revenue for all periods
United Overseas Bank's revenue was reported to be $11.62 b in FY, 2020 which is a 20.4% decrease from the previous period.
USD

Revenue (H1, 2021)

5.3b

Gross profit (H1, 2021)

4.3b

Gross profit margin (H1, 2021), %

82.1%

Net income (H1, 2021)

2.0b

Market capitalization (10-Nov-2021)

46.5b

Closing stock price (10-Nov-2021)

27.7

Cash (30-Jun-2021)

37.4b

EV

41.1b
United Overseas Bank's current market capitalization is S$46.5 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

13.1b14.6b11.6b

Revenue growth, %

11%(20%)

Cost of goods sold

4.9b6.0b3.6b

Gross profit

8.2b8.6b8.0b
Half Year
USDH1, 2019H1, 2020H1, 2021

Revenue

7.3b6.3b5.3b

Cost of goods sold

3.1b2.3b946.0m

Gross profit

4.2b4.0b4.3b

Gross profit Margin, %

58%63%82%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

25.3b25.9b3101.6t

Accounts Receivable

258.6b265.5b277.2b

PP&E

2.3b2.8b3.0b

Total Assets

388.1b404.4b431.8b
Half Year
USDH1, 2019H1, 2020H1, 2021

Cash

26.7b31.0b37.4b

Accounts Receivable

269.8b277.0b294.4b

PP&E

2.6b2.8b3.1b

Total Assets

406.4b429.6b446.5b
Annual
USDFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

273.0m399.0m454.0m

Accounts Payable

23.6b17.9b14.5b

Cash From Operating Activities

3.7b8.3b9.6b

Purchases of PP&E

(516.0m)(573.0m)(563.0m)
Half Year
USDH1, 2019H1, 2020H1, 2021

Depreciation and Amortization

188.0m223.0m236.0m

Accounts Payable

15.5b19.8b18.4b

Cash From Operating Activities

2.0b8.3b87.0m

Purchases of PP&E

(270.0m)(261.0m)(257.0m)
USDFY, 2018

Revenue/Employee

508.3k

Debt/Equity

0.8 x

Debt/Assets

0.1 x

Financial Leverage

10.3 x
Show all financial metrics

United Overseas Bank Operating Metrics

United Overseas Bank's Total Loans was reported to be $298.6b in Q2, 2021. United Overseas Bank's Total Deposits was reported to be $338.9b in Q2, 2021.
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United Overseas Bank Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

United Overseas Bank Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

United Overseas Bank Online and Social Media Presence

Embed Graph

United Overseas Bank Company Culture

  • Overall Culture

    C-

    64/100

  • CEO Rating

    F

    53/100

  • Compensation

    D

    49/100

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United Overseas Bank News and Updates

UOB's 1H21 net profit increased 29% to S$2 billion on strong customer franchise and stabilising credit outlook

UOB Group reported a 29% increase in net earnings to S$2.0 billion for the first half of 2021 (1H21) compared with a year ago, supported by its strong customer franchise and lower credit allowance as more economies reopened during the period.

UOB Asset Management sees surge in online corporate investing as companies, especially SMEs, reap the benefits of digitalisation

UOB Asset Management Ltd (UOBAM) is seeing a surge in online corporate investing, with the number of users in Singapore, Malaysia and Thailand1 on its digital investment portal for corporate investors, UOBAM Invest, jumping 330 per cent over the last 18 months2. Their total assets under management (…

UOB ramps up digital innovation to grow its wealth management franchise across ASEAN

Launches SimpleInvest on UOB Mighty to make online investing simpler, smarter and affordable

TMRW by UOB continues to blaze trails in digital banking with recognition by International Finance as best digital bank in Indonesia and Thailand

TMRW by UOB was awarded the best digital bank in both Indonesia and Thailand at the International Finance Awards 2021, adding to the digital bank’s growing list of 33 accolades in the past two years. The awards were organised by International Finance, an international business and finance publicatio…

UOB Thailand extends green loan to ACRE for eco-friendly residential development in Phuket

UOB Thailand today announced it has provided Asia Capital Real Estate (ACRE) with a 675 million baht green loan to develop HOMA Phuket Town, an environmentally-friendly affordable residential rental apartment complex in Phuket. The loan was approved under the UOB Real Estate Sustainable Finance Fram…

InnoVen Capital raises $200 million from Temasek, United Overseas Bank

InnoVen provides debt to startups across India, China and Southeast Asia and its portfolio includes Swiggy, Oyo and Byju’s, among others.It has already made 14 investments so far this calendar year and expects to close another four to five investments by June

United Overseas Bank Frequently Asked Questions

  • When was United Overseas Bank founded?

    United Overseas Bank was founded in 1935.

  • Who are United Overseas Bank key executives?

    United Overseas Bank's key executives are Wee Ee Cheong, Chan Kok Seong and Federico Burgoni.

  • How many employees does United Overseas Bank have?

    United Overseas Bank has 25,466 employees.

  • What is United Overseas Bank revenue?

    Latest United Overseas Bank annual revenue is $11.6 b.

  • What is United Overseas Bank revenue per employee?

    Latest United Overseas Bank revenue per employee is $456.3 k.

  • Who are United Overseas Bank competitors?

    Competitors of United Overseas Bank include DBS Bank, OCBC Bank and Axis Bank.

  • Where is United Overseas Bank headquarters?

    United Overseas Bank headquarters is located at 80 Raffles Pl, Singapore.

  • Where are United Overseas Bank offices?

    United Overseas Bank has offices in Singapore, City, Los Angeles, New York and in 23 other locations.

  • How many offices does United Overseas Bank have?

    United Overseas Bank has 39 offices.