UOB Malaysia launches UOB SME app

From left: UOB Malaysia managing director and country head of wholesale banking Andy Cheah, chief executive officer Ng Wei Wei and executive director and country head of business banking Ho Hui Ming.

KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) has launched the UOB SME app, an all-in-one digital banking platform to meet the financial needs and other business requirements of small- and medium-sized enterprises (SMEs).

The bank said the UOB SME app is the first in the industry to provide a suite of solutions that addresses financing and other business needs, both on desktops and mobile devices.

“The launch of the UOB SME app is part of UOB’s continual efforts to help businesses transform digitally. The Bank launched UOB Infinity[1] earlier this year in Malaysia to help larger corporate clients with their digital banking needs.

“The UOB SME app shares the same banking and transactional capabilities as UOB Infinity, but also provides features that are tailored to SMEs’ different needs such as the business management solutions and interactive dashboard,” UOB Malaysia said in a statement.

“UOB Malaysia has been growing alongside the Malaysian SME community for over 70 years, and we look forward to supporting them in their next phase of growth through digital transformation, sustainable business practices as well as cross border expansion by connecting them to growth opportunities within Asean,” chief executive officer Ng Wei Wei said.

“Leveraging customer insights, we are proud to launch the UOB SME app which is designed to enhance the digital banking experience for our SME customers by combining banking solutions, analytics, and business insights into a single platform.

“It provides SMEs with a real-time view and the convenience of managing their financials on-the-go. SMEs can now stay on top of their businesses and have better financial control, while driving their growth strategies,” she added.