UOB plans to strengthen Islamic banking operations

UOB Malaysia acting head of Islamic banking Amir Alfatakh Yusof told StarBiz that besides Malaysia, its Islamic banking operations in the country would serve as a platform to meet regional demand for Islamic banking

PETALING JAYA: United Overseas Bank (M) Bhd (UOB Malaysia), the biggest locally incorporated foreign bank in terms of asset size and branch network, is beefing up its Islamic banking business and eyeing regional opportunities.

Being a late entrant to the Islamic banking space, has not deterred UOB Malaysia from competing with the bigger players for a slice of the growing Islamic banking business.