uob

In 2022, UOB agreed to acquire Citi’s Vietnam business as part of a larger deal that also includes Malaysia, Thailand and Indonesia. Meanwhile, the bank’s India consumer business will transfer to domestic lender, Axis Bank.

The return of this flagship monthly FA feature sees the editorial team highlight noteworthy capital market transactions from the past six months.

The fund offers exposure to Southeast Asia-headquartered start-ups via the digital exchange, with commitments starting from $20,000.

The bank forges ahead with its strategic divestiture from consumer banking in 14 markets.

UOB China returned to the onshore bond market last week to tap its offer of ample liquidity and low yield.

UOB Vietnam CEO, Victor Ngo, is optimistic about the market’s pandemic recovery and its elevation in status as a key Asian manufacturing hub.

UOB has agreed to acquire Citi’s consumer banking franchises in Indonesia, Malaysia, Thailand and Vietnam.

In the first such issue from Singapore since 2018, UOB has brought a covered bond that is not only the city-state’s largest ever, it is also its first with a negative yield.