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Citi to sell four Southeast Asia Consumer business to UOB Group

Seeking Alpha2022-01-14

Citigroup has reached agreement with Singapore’s United Overseas Bank on the acquisition of its consumer banking franchises in Indonesia, Malaysia, Thailand and Vietnam.The transaction includes ...

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Comment8

  • HTChin
    ·2022-01-15
    Can expect higher dividend payout and share price to catch up with DBS in the near future (DBS is now trading at $35)...
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  • Tendollar
    ·2022-01-14
    Finally UOB going big outside Singapore.
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  • Mtan23
    ·2022-01-14
    Good read 
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  • Ken7979
    ·2022-01-14
    Really positive! 
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  • koolgal
    ·2022-01-14
    Great news for UOB shareholders as UOB is buying over Citigroup consumer banking business in 4 Asean countries!  This will increase the customer base of UOB Group! Go UOB! 
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  • Simran Lion
    ·2022-01-14
    Ok
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  • Hou Boon
    ·2022-01-14
    ok
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  • 7united
    ·2022-01-14
    Like pls 
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