UOB to ride on Asean recovery

UOB Kay Hian Research analyst Jonathan Koh said UOB was positioned to serve customers and facilitate trade and investments between Asean countries and China.

PETALING JAYA: United Overseas Bank (UOB), Singapore’s third-largest bank by market capitalisation, is expected to benefit from the recovery in South-East Asia with its gross loans projected to grow by “mid to high single digit” in 2022.

UOB Kay Hian Research analyst Jonathan Koh said UOB was positioned to serve customers and facilitate trade and investments between Asean countries and China.