🌟🌟🌟UOB - The 3rd Largest Bank In South East Asia🌟🌟🌟
@koolgal:
🌈🌈🌈$UNITED OVERSEAS BANK LIMITED(U11.SI)$ made headlines in January 2022 when it agreed to acquire Citigroup's consumer banking business in Malaysia, Indonesia, Thailand and Vietnam for SGD 4.915 billion. This acquisition, its first major takeover in 16 years, is expected to position UOB as a leading banking group in South East Asia. This will accelerate its growth targets by 5 years according to UOB CEO, Wee Ee Cheong. UOB is due to report its full year financial results on February 23 2023. In assessing how well UOB is performing, the key metrics are its Net Interest Margin (NIM) , Net Profit, Return on Equity (ROE) and Non Performing Loan. In 3Q22, UOB's NIM rose to 1.95%. Its