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United Overseas Bank Limited (commonly known as UOB; simplified Chinese: 大华银行有限公司; traditional Chinese: 大華銀行有限公司; pinyin: Dàhuá Yínháng Yǒuxìan Gōngsī;) is a Singaporean multinational banking organisation headquartered in Singapore, with branches mostly found in most Southeast Asian countries. The company also offers various fee-based services, such as purchase and sale of travellers cheques and banknotes. United Overseas Bank. In 1997, UOB Malaysia merged with Chung Khiaw Bank (Malaysia) before merging with OUB Malaysia in 2002 to centralise its operations in Malaysia. [23], The bank offers an extensive range of commercial and personal financial services: deposits, unit trusts, UOB Bancassurance, privilege banking, e-banking, commercial lending, investment banking, treasury services, trade services, home loans, debit and credit cards, wealth management, structured investment, general insurance and life insurance. It also operates UOB Asset Management in Brunei, which offers investment management expertise to individuals, institutions and corporations. Retrieved 15 November 2015, "It's Always the Next Deal," South China Morning Post, 13 May 2002. UOB Commercial Banking offers Medium & Large Enterprises innovative products and services in the area of loans, trade services, liquidity and cash management.
Incorporated on 18 December 2007 as UOB (China) and headquartered in Shanghai, UOB has 17 branches and sub-branches strategically located in major cities such as Shenyang, Shanghai, Beijing, Shenzhen, Tianjin, Xiamen, Hangzhou, Chengdu, Guangzhou, Suzhou and Chongqing offering retail and wholesale banking services.[17]. [30] The bank currently operates a branch in Seoul. In July 2002, UOB increased it stake to 100%, resulting in UOB Philippines becoming a wholly owned subsidiary of the banking group. Ratings are aggregated and updated weekly. When UOB acquired the Overseas Union Bank in January 2002, the operations of the branches in Brunei was handed over to UOB. In 1973, Lee Wah Bank became a wholly owned subsidiary of UOB and was merged with UOB Malaysia in 1994. Mobile Cash, a key feature of this application, allows all UOB customers to send cash to any registered recipient who can withdraw the money from more than 600 UOB ATMs in Singapore. (20 October 2003). [26] In 2006, UOB Philippines's 66 bank branches were sold to Banco De Oro Universal Bank and the bank ceased to be a commercial bank, with its license converted into a thrift bank license. More ASEAN countries will get this service in the coming months, in a push to cater to millennials who mainly use mobile phones for banking. [7] In 1965, the bank was renamed to United Overseas Bank and opened its first overseas branch in Hong Kong. In November 1999, UOB bought a 60% stake in a local bank, Westmont Bank and the bank was renamed UOB Philippines. [22], Incorporated in 1993, UOB Malaysia was integrated with Lee Wah Bank in 1994 to operate as a single entity. Founded in 1935 as United Chinese Bank (UCB) by Sarawak businessman Wee Kheng Chiang, the bank was set up together with a group of Chinese-born businessmen. Read more : www.tmrwbyuob.com | TMRW Contact Center : 0-2285-1559 [13] The bank now has offices in Melbourne and Brisbane, in addition to the branch in Sydney and currently offers merchant bank services comprising current accounts, deposits, lending, asset finance, trade finance, structured finance, cash management, and cross-border payments. Headquartered in the UOB Building in Sydney, UOB Australia opened its first branch in MLC Centre as a merchant bank in 1986 to emphasize on trade and financing between Australia and Asia. It has 68 branches in Singapore and a network of more than 500 offices in 19 countries and territories in Asia Pacific, Western Europe and North America [6], On 6 August 1935, businessman Wee Kheng Chiang, together with six other friends, established the bank after raising S$1 million.
From your UOB Savings and/or Current account to accounts in a participating bank To credit cards, loans and hire purchase accounts in other participating banks…
After it was publicly listed, the bank went through a series of targeted acquisitions. Applications submitted through this service are subject to approval by UOB Bank and the bank reserves the right to request for additional documents to support the account opening; Apply Now. Get up to 0.60% p.a.
In the past 2 of the Hong Kong branches were under the subsidiary Chung Khiaw Bank. This is part of the Bank’s further initiative to encourage its customers to stay at home or to move only within areas close to their homes during the government’s Movement Control Order (MCO) period.