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SINGAPORE: Singapore's United Overseas Bank (UOB) on Thursday cut its 2024 loan growth projections to low single-digits from mid-single digits after posting a stronger-than-forecast 22% jump in fourth quarter net profit. ....
Singapore News - UOB will provide its junior employees an extra month of bonus on a one-off basis to help them cope with rising costs of living, joining local peers DBS Bank and OCBC Bank in doing so. Singapore’s third-largest bank will pay the additional bonus to about 6,000 employees. Read more at www.tnp.sg ....
SINGAPORE: UOB on Thursday (Feb 22) cut its 2024 loan growth projections to low single-digits from mid-single digits after posting a stronger-than-forecast 22 per cent jump in fourth-quarter net profit. UOB maintained its 2024 guidance for double-digit fee growth while projecting total income to see positi ....
Singapore News - UOB and its commercial banking clients raised more than $2.2 million for art, children’s and educational causes as part of the bank’s annual Chinese New Year festive celebrations. The funds were raised through a series of art workshops and a fund-raising. Read more at www.tnp.sg ....
Smaller firms are hesitant to invest in green initiatives as they are unsure if they can get a good return on investment, especially for infrastructure projects like installing solar panels and water recycling systems. ....