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Topic: United Overseas Bank

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In the News (Sat 17 Aug 19)

  United Overseas Bank - Wikipedia, the free encyclopedia
UOB in July last year bought an 80.77% stake in Bank of Asia from Dutch bank ABN AMRO (ABN) and later raised its stake in the bank to 96.8%.
UOB is in the process of merging its two Thai units in an attempt to strengthen its presence in Thailand.
United Overseas Bank has said it is selling 66 of its 67 Philippine branches to Banco de Oro Universal Bank, in a move aimed at rationalising its operations in the country.
en.wikipedia.org /wiki/United_Overseas_Bank   (1364 words)

 UOBP :: Corporate History ::   (Site not responding. Last check: 2007-09-03)
United Overseas Bank Philippines is one of the recent additions to the United Overseas Bank (UOB) Group of Singapore.
In 1988, Chung Khiaw Bank became a wholly-owned subsidiary of UOB and, in 1994, Lee Wah Bank's operations in Singapore and Malaysia were merged into UOB and its Malaysian bank subsidiary, United Overseas Bank (Malaysia) Bhd respectively.
Chung Khiaw Bank's operations in Malaysia were merged into United Overseas Bank (Malaysia) Bhd in 1997, and its operations in Singapore and Hong Kong S.A.R. were merged into UOB in 1999.
www.uob.com.ph /abt_uobp/corp_history.htm   (439 words)

 Case Study: United Overseas Bank Page 1   (Site not responding. Last check: 2007-09-03)
United Overseas Bank (UOB) wanted a business intelligence solution to deliver timely information across its 75 branches in Singapore and 65 offices overseas.
UOB is one of the leading bank groups in Singapore.
UOB chose D2K's Tapestry software and IBM AS/400® to be the cornerstone of its new data warehouse environment.
www-03.ibm.com /servers/eserver/iseries/casest/uob.htm   (184 words)

 MSN Money - UOVEY Key Developments: Investing
United Overseas now owns approximately 80.56 million UOL shares, representing approximately 10.15% of the issued share capital of UOL, and together with its affiliated entities, owns approximately 92.98 million UOL shares, representing approximately 11.72% of the issued share capital of UOL.
UOB Radanasin Bank PCL, a subsidiary of United Overseas Bank Ltd., announced that with the transfer of business from UOB Radanasin to Bank of Asia Public Company Limited (BOA), the merger of UOB Radanasin and BOA has been effected.
United Overseas Bank Ltd. announced that as part of the merger of the Company's two banking subsidiaries, Bank of Asia Public Company Limited (BOA) and UOB Radanasin Bank Public Company Limited (UOB Radanasin), BOA has completed a rights issue to raise funds to acquire all the shares in UOB Radanasin held by UOB.
news.moneycentral.msn.com /ticker/sigdev.asp?Symbol=UOVEY   (1337 words)

 United Overseas Bank Malaysia Signs Agreement with First Ecom Data Services Asia Limited
UOB Malaysia is part of the UOB Group, which is one of the leading banks in South-East Asia.
About United Overseas Bank Group United Overseas Bank is a leading bank in Singapore with an international network that comprises 277 offices (65 branches in Singapore and 212 offices overseas) in 17 countries in the Asia-Pacific region, Europe and North America.
UOB provides a wide range of financial services through its global network of branches, offices and subsidiaries: commercial and corporate banking, personal financial services, private banking, trust services, treasury services, asset management, corporate finance, capital market activities, venture capital management, proprietary investments, general insurance and life assurance.
www.ccnmatthews.com /news/releases/show.jsp?action=showRelease&actionFor=453738   (774 words)

 CNN.com - Singapore's UOB sees profits surge - August 8, 2002
UOB earned S$274.43 million in fees and commissions, a 70 percent increase from last year.
Due to the purchase of OUB, operating expenses rose 46 percent, but the bank said it was on track to achieve cost savings of S$250m after consolidating the operations of OUB in June, well ahead of schedule.
UOB Deputy Chairman and President Wee Ee Cheong said in an analysts briefing that the bank would strengthen its expansion plans into Southeast Asia and greater China.
edition.cnn.com /2002/BUSINESS/asia/08/08/singapore.uob   (338 words)

 United Overseas Bank Limited - Banking - Let's Find Directory   (Site not responding. Last check: 2007-09-03)
United Overseas Bank Limited (UOB) was founded on 6 August 1935 by Sarawak-born Datuk Wee Kheng Chiang – father of the present UOB Group Chairman and Chief Executive Officer, Mr Wee Cho Yaw – and a group of Chinese businessmen.
UOB provides a wide range of financial services through a global network of branches, offices and subsidiaries: personal financial services, private banking, trust services, commercial and corporate banking, corporate finance, capital market activities, treasury services, futures broking, asset management, venture capital management, general insurance and life assurance.
UOB has a banking subsidiary, Far Eastern Bank, in Singapore, while our banking subsidiaries in the region are United Overseas Bank (Malaysia), PT Bank UOB Indonesia, UOB Radanasin Bank and Bank of Asia in Thailand, and United Overseas Bank Philippines.
www.letsfind.co.uk /business-and-economy/financial-services/banking/united-overseas-bank-limited.html   (313 words)

 Finextra: United Overseas Bank goes live with The Wall Street System in Thailand   (Site not responding. Last check: 2007-09-03)
United Overseas Bank (UOB) in Singapore has been a client of Wall Street Systems for five years, and UOB (Thai) is the second regional satellite of UOB to go live on The Wall Street System following on from UOB Hong Kong.
UOB (Thai) was formed in November 2005 following the integration of UOB's existing Thailand entity UOB Radanasin Bank with newly-acquired Bank of Asia.
Wall Street Systems successfully migrated UOB Radanasin Bank to its global treasury platform in early 2005 and ensured that trading continued seamlessly during the integration with Bank of Asia and the subsequent launch of UOB (Thai).
www.finextra.com /fullpr.asp?id=7981   (403 words)

 Bloomberg.com: Top Worldwide
Temasek, set up in 1974 to nurture industries from banking to technology, said the developer is ``commercially interesting.'' United Overseas Bank's sale of the stake, required by central bank rules, may weaken the cross-shareholdings through which bank Chairman Wee Cho Yaw controls the city's second- largest lender.
United Overseas now has the opportunity to sell its entire stake ``en-bloc'' at a price which has been lifted closer to the company's net asset value, said Peter Woo, who helps manage about $500 million at Asia Strategic Management Ltd. in Hong Kong, including shares of Singapore banks.
United Overseas Bank -- founded by Wee's father in 1935 -- is about 14 percent owned by Wee and his family.
quote.bloomberg.com /apps/news?pid=10000006&sid=as03cXkJO.JA&refer=home   (848 words)

 HELLO! Tai Tai.com
UOB divested most of its stake in Haw Par through a distribution in specie to the bank's shareholders last year.
The bank also continues to hold a 10 per cent stake in Haw Par as an investment, which is within the MAS limits.
The companies are UOB, the two 'non-core' companies of United Overseas Land and Overseas Union Enterprise, United Industrial Corporation and its subsidiary Singapore Land, and Haw Par, the control of which was recently transferred from UOB to Wee Investments, Mr Wee's private vehicle.
www.geocities.com /aleng88/weechoyaw.html   (2822 words)

 United Overseas Bank Limited   (Site not responding. Last check: 2007-09-03)
UOB will be primarily involved in wholesale deposit-taking as well as taking deposits to facilitate the lending of money, dealing in foreign exchange or dealing in securities, other than debt obligations of UOB, consumer, commercial and corporate lending and treasury functions;
UOB is exempt from the requirement under the Legislation to be registered as an adviser where the performance of the service as an adviser is solely incidental to its primary banking business;
Provided UOB only trades the types of securities referred to in this paragraph with Authorized Customers, trades of bonds, debentures or other evidences of indebtedness of or guaranteed by UOB shall be exempt from the registration and prospectus requirements of the Legislation.
www.msc.gov.mb.ca /orders/united.html   (1302 words)

 YORK, A Johnson Controls Company : Featured Projects
When it was built in 1992, the United Overseas Bank (UOB) Plaza in Singapore was the tallest building outside the United States.
Exactly that tall, the UOB Plaza is a familiar part of the striking Singapore skyline.
UOB Plaza enjoys the comfort of efficient York air conditioning, which provides a cooling capacity of 6,200 TR using 9 YT water-cooled centrifugal chillers/R123 systems.
www.york.com /Products/projects?landmark_id=101   (209 words)

 Citrix Systems » United Overseas Bank (Malaysia) Bhd
Incorporated in Malaysia in 1993, United Overseas Bank (Malaysia) Bhd (UOB Malaysia) is a subsidiary of the United Overseas Bank Group Singapore.
As part of the United Overseas Bank Group in Singapore, UOB Malaysia is backed by vast resources, including RM235.3 billion in total assets and RM27.7 billion in capital and reserves, as well as advanced technological support and an international network of offices.
The bank is also looking to use the Citrix Access Platform as the foundation for disaster recovery and business continuity plans, as well as to provide mobile access to staff.
www.citrix.com /sharedCode/services/storyClick.asp?storyID=22657   (1134 words)

 CNN.com - UOB shares falter after $5.7 billion bid - July 2, 2001
Bank consolidation is on the Singapore agenda, via takeover moves from DBS, UOB and OCBC
UOB, Singapore's second largest bank by assets, said on Friday it would pay S$10 per OUB share, comprising S$4.02 in cash and 0.52 of a UOB share.
Singapore is in the midst of bank consolidation, considered a must by the Monetary Authority of Singapore as the market opens to foreign competitors.
edition.cnn.com /2001/BUSINESS/asia/07/02/singapore.banks.biz   (412 words)

 Yuan hits high as c.bank tests waters - Boston.com - Asia - News   (Site not responding. Last check: 2007-09-03)
China's central bank on Thursday let the yuan close at its strongest level since last week's revaluation, apparently taking another small step toward the greater flexibility planned for its new trading system.
The central bank has also said that the currency could move up or down as much as 0.3 percent per day against the dollar.
On the previous day the central bank intervened in the final minutes of trade to push the currency to close at a post-revaluation low of 8.1128 against the dollar.
www.boston.com /news/world/asia/articles/2005/07/28/yuan_hits_new_post_reval_high_vs_dollar?mode=PF   (641 words)

 Avaya Awarded Project To Develop A Multimedia Integrated Contact Centre For United Overseas Bank Limited
The UOB Project is one of the Bank's key initiatives in offering a unique and personalised experience to its enlarged base of customers, following its successful acquisition of Singapore-incorporated Overseas Union Bank in 2001.
Working in partnership with UOB, Avaya is committed to creating a new breed of next-generation communication solutions for the Bank that will improve customer satisfaction and business results through contact centre solutions and mixed media communications capabilities that integrate voice, email and fax.
United Overseas Bank Limited is the second largest local bank in Singapore, providing a wide range of financial services through its global network of more than 245 branches, offices and subsidiaries in 18 countries and territories in the Asia-Pacific region, Western Europe and North America.
www.avaya.com /gcm/master-usa/en-us/corporate/pressroom/pressreleases/2003/pr-031204a.htm   (859 words)

 United Overseas Bank Philippines NPL ratio 60.62%   (Site not responding. Last check: 2007-09-03)
United Overseas Bank Philippines (UOBP) said its non-performing loans (NPLs)accounted for 60.62 percent of total loans as of March 23, little changed from 59.23 percent from June 19 last year.
UOBP is the local unit of United Overseas Bank Ltd of Singapore.
The bank said in a statement that NPLs totaled 4.88 billion pesos, down from 5.04 billion pesos as of June 19, with general provisions of 140.86 million pesos and specific provisions of 930.99 million.
money.inq7.net /breakingnews/view_breakingnews.php?yyyy=2004&mon=04&dd=21&file=6   (170 words)

 Bloomberg.com: Asia   (Site not responding. Last check: 2007-09-03)
The banks have plenty of room to adjust capital, in part because they've been strapped for lending opportunities in a city which has had three recessions in the past six years, according to Bloomberg data.
HSBC Holdings, Europe's biggest bank by market value, is one of half a dozen foreign lenders which have expanded banking licenses in Singapore.
United Overseas Bank is expanding in Indonesia and Thailand, while Oversea- Chinese owns part of a bank in Indonesia and plans to expand in China.
quote.bloomberg.com /apps/news?pid=10000080&sid=av3aZ60O5P9c&refer=asia   (563 words)

 Foreign Exchange Bank Dealers
United Overseas Bank Group of Singapore - The United Overseas Bank Group is the largest bank group in Singapore.
Unicredito Italiano - is the largest banking group in Italy in terms of Stock Exchange capitalisation (over 24,000 million euros as at November 2002); in Europe it is one of the top 5 banking groups in terms of efficiency and profitability and among the top 20 in terms of total assets.
We operate over 2,000 banking offices and more than 4,500 ATMs in 24 states, and provide a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions.
www.forexlisting.com /bank_dealers_10.asp   (465 words)

 [No title]
United Overseas Bank Limited (UOB) is a Singapore-based bank that has a network of 385 offices in 18 countries and territories in Asia-Pacific, Western Europe and North America.
UOB provides a range of financial services, including personal financial services, private banking, trust services, commercial and corporate banking, investment banking, corporate finance, capital market activities, treasury services, futures broking, asset management, venture capital management, general insurance, life assurance and stock broking services.
UOB also has interests in travel, leasing, property development and management, hotel operations and general trading.
photos.reuters.com /stocks/Overview.aspx?symbol=UOVEY   (441 words)

 About Steve   (Site not responding. Last check: 2007-09-03)
United Overseas Bank Group is one of the four leading banks in Singapore.
The UOB Group actually consists of four banks and a number of subsiduary companies.
UOB has the most impressive office building in Singapore.
www.step-10.com /places/UOB   (143 words)

 Case Study: United Overseas Bank   (Site not responding. Last check: 2007-09-03)
A team of five, plus a manager, were able to define the extracts, perform the integration of heterogeneous data sources (without having to know all the source languages) and set the schedules for the automatic execution of jobs.
The Bank believes its AS/400 business intelligence solution will deliver a quantum improvement in information technology (IT) productivity, due to the extensive automation and management features within Tapestry, coupled with the low maintenance requirements of AS/400.
UOB's IT department was bogged down by end-user requests for data.
www-03.ibm.com /servers/eserver/iseries/casest/uob2.htm   (342 words)

 YEHEY!Finance | Banking - When money matters
Banco de Oro Universal Bank (BDO [ 35.00 ], news, chart, profile) of mall magnate Henry Sy yesterday announced it will issue over 22 million common shares in favor of United Overseas Bank of the Philippines.
Under the May 6 agreement, the banking arm of the SM group acquired 66 out of the 67 branches of United Overseas Bank Philippines and its deposit liabilities.
According to Banco de Oro, the consolidation would not necessarily lead to the retrenchment of United Overseas Bank personnel since the new owner would rely on the same work force to run the 66 branches.
www.yehey.com /finance/level3.aspx?id=86193   (372 words)

 [No title]
Singapore-headquartered United Overseas Bank (UOB) has chosen Datacraft Asia to migrate its Token Ring network to a high-speed switched Gigabit Ethernet solution.
The more than US$1.1 million network migration project will help UOB meet increased traffic and bandwidth requirements as it rolls out new applications and a wider range of financial services for e-commerce and customer care.
The bank has a network of 65 branches in Singapore and 212 international offices.
asia.internet.com /news/print.php/763841   (254 words)

 Overseas Union Bank Limited Singapore - Offshore Investments, Offshore Banking   (Site not responding. Last check: 2007-09-03)
united overseas bank singapore toa payoh branch 66 toa payoh lor 43 #01-301 s(1231) 2512166
They prefer to Managed Bank: An offshore bank also known as a Class which is an offshore company.
Overseas Union Bank Limited Singapore 2002 Merged into United Overseas Bank of which 24 are Full banks, 35 are Wholesale banks, and 47 are Offshore banks
www.offshore-resources.net /overseasunionbanklimitedsingapore.htm   (445 words)

 World's Tallest Buildings
This is the official criterion used by the Council in determining ranking.
In many cases, the height of a building is supplied to the Council using only one unit of measure (either feet or meters).
Based on the exact value of the unit supplied, the other unit’s value is mathematically calculated, then rounded to the nearest integer.
www.factmonster.com /ipka/A0001338.html   (623 words)

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