Bank Project on Uob

Background and History of Untied abroad margin particular (UOB) United Overseas Bank Limited abbreviated as UOB was founded in 6 August 1935 firstly known as United Chinese Bank. The UOB Empire was first built up by Sarawak-born Datuk Wee Kheng Chiang ¨C father of the present UOB company Chairman, Wee Cho Yaw together with 6 other businessman. Since then, UOB has crowing from strength to strength befitting a leading beach in Singapore and a dominant player in Asia-Pacific forthwith. One of the important corporate milestones which lead them to where they are today will be outbidding DBS bank in acquiring Overseas Union Bank Limited and became Singapore largest bank in terms of interior(prenominal) customer loans, credit cards and market place smashingization from 2002. These 2 years, they focus in going world-wide by acquiring and increasing their interest in overseas bank and completing integration of its 2 Thai banking subsidiaries. UOB excessively broke new grounds in Vietnam by becoming the first foreign bank to be part of the domestic card network and foreign bank with the largest network in Malaysia as well as further expanding their business in China.

Currently, UOB hold on to their mission of providing quality products and excellent service by providing a wide range of financial work through a global network of branches and subsidiaries that excels in individual(prenominal) financial services, private banking, 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 owned banking subsidiaries locally and in foreign countries such as Far east Bank, United Overseas Bank (Malaysia), United Overseas Bank (Thai), PT Bank UOB Indonesia and PT Bank UOB Buana respectively. Some of their recognise icons include their continuous effort in bringing survey to customers in launching products and services that are customize to... If you desire to get a full essay, order it on our website: Orderessay

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