Posts in tag

UOB


UOB has today launched U-Energy, the first integrated financing platform in Asia, to drive the development and adoption of energy efficiency projects for buildings and homes across four markets, starting in Singapore, followed by Malaysia, Thailand and Indonesia. With U-Energy, the Bank will help businesses and homeowners save on electricity bills, cut carbon emissions and …

UOB and digital securities exchange ADDX have concluded the digitisation and digital custody of the inaugural sustainability-linked bond recently launched by Sembcorp Industries (Sembcorp). This initiative comes amid a rise in the use of digital securities to enhance the efficiency of bonds and other fixed income instruments.   UOB was appointed as a joint lead …

UOB has been named the World’s Best Bank for SMEs at the Euromoney Global Awards for Excellence 2021 based on its deep regional connectivity, expertise and continued support of SMEs to enable post-pandemic recovery and growth. The latest win follows from other key SME awards the Bank has won including the Best SME Bank in Singapore and …

UOB has launched U-Drive, an integrated green financing solution for the electric vehicle (EV) ecosystem in Singapore. The solution connects the EV value chain – from automotive brand owners, car dealers and charging point operators to end-users – seamlessly, helping to drive the adoption of green transportation as Singapore gears up for its transition to …

UOB today announced that it has been approved to join the Equator Principles Association and has adopted the Equator Principles (EPs), a risk management framework used by financial institutions globally for determining, assessing and managing environmental and social risk in projects1. The EPs provide financial institutions with a set of internationally-recognised standards for due diligence and …

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 (AUM) on the online portal also surpassed S$1 billion. UOBAM …

UOB is expanding its range of digital wealth management solutions as it sets out to serve more of ASEAN’s growing population of underserved increasingly affluent consumers. As many of them think investing is difficult and requires significant sums or do not have the knowledge or confidence to do so, UOB sees immense opportunities in helping …

UOB announced that it is the first bank in Singapore to pilot the use of Government Technology Agency’s (GovTech) Sign with Singpass1 to confirm transactions or product applications using a customer’s digital signature. UOB’s latest innovation comes off the back of research that shows COVID-19 has accelerated the move to online services, with more than …

UOB announced that it has deployed Chronicle Software’s (Chronicle) EFX solution for its electronic foreign exchange (FX) pricing and trade engine1. Through Chronicle’s technology, UOB has the ability to take advantage of reduced latency via co-location connectivity to improve price discovery and to enhance pricing capability. In doing so, UOB is able to provide customers …

Digital payments have received an unambiguous boost in Singapore, prompted largely by changes to shopping behaviour during the pandemic, according to the results of the UOB ASEAN Consumer Sentiment Study2. Seven in 10 consumers here said that since the onset of the COVID-19 virus, they have increased their use of digital or cashless payment methods, …