| Business Summary | | United
Overseas
Bank
Ltd.
(UOB
Group),
comprised
of
United
Overseas
Bank,
Far
Eastern
Bank
and
Industrial
and
Commercial
Bank,
offers
a
full
range
of
commercial
banking
services.
Its
other
financial
services
include
private
banking,
trust
services,
venture
capital
investment,
merchant
banking,
stock
broking,
fund
management,
capital
market
activities,
precious
metals
trading,
factoring,
hire
purchase,
general
insurance
and
life
assurance.
Through
its
subsidiaries
and
associates
(principally
the
United
Overseas
Land
Group
and
Haw
Par
Group),
the
UOB
Group
has
diversified
interests
in
travel,
leasing,
property
development,
hotel
management,
healthcare,
manufacturing
and
general
trading.
The
UOB
Group
is,
effectively,
a
universal
banking
group.
The
UOB
Group
has
305
offices
worldwide,
comprising
71
bank
branches
in
Singapore
and
234
offices
overseas,
and
had
total
assets
of
$33,903
million
and
capital
and
reserves
of
$3,715
million
as
of
December
31,
1999. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
United
Overseas
Bank
Ltd.
offers
a
full
range
of
commercial
banking
services.
For
the
fiscal
year
ended
12/31/00,
interest
income
increased
24%
to
SP$3.05
billion.
Net
interest
income
after
loan
loss
provision
increased
26%
to
SP$1.11
billion.
Net
income
increased
20%
to
SP$912.9
million.
Interest
income
reflects
higher
loan
volume
and
increased
margins.
Net
income
was
partially
offset
by
higher
headcount
and
information
technology
related
costs. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Wee Cho Yaw | Chairman,
CEO | Wee Ee Cheong | Pres,
Deputy Chairman | Wong Yuen Weng Ernest | Pres |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|