UOB Receives Preliminary Approval to Set Up a Foreign Owned Subsidiary Bank in Vietnam
UOB became the first Singapore bank to receive a preliminary approval from the State Bank of Vietnam to set up a foreign owned subsidiary bank.
“Under the licence, the Bank will be able to expand its branch network in Vietnam.”
Under the licence, the Bank will be able to expand its branch network in Vietnam, thereby enabling UOB to extend financial support and to offer best-in-class products and service to consumers and businesses beyond Ho Chi Minh City.
News Source: UOB Press Release
About United Overseas Bank
United Overseas Bank (UOB) was founded by Datuk Wee Kheng Chiang, incorporated on 6 August 1935 as the United Chinese Bank — the change of the name was effected in 1965. Today, the UOB Group has a network of more than 500 offices in 19 countries and territories in Asia Pacific, Western Europe and North America. UOB provides a wide range of financial services through its global network of branches, offices, subsidiaries and associates: personal financial services, private banking, commercial and corporate banking, investment banking, corporate finance, capital market activities, treasury services, futures broking, asset management, venture capital management, insurance and stockbroking services.
- Origin : Singapore
- Assets : $316 billion
- Revenue : $8.05 billion
- Employees : 26,166
Official Website: www.uobgroup.com
News & Media: Press Release
Updated on 8th August 2016
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 10,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2023 Investment Day
- 28th March 2023 - Hong Kong
- 4th April 2023 - Singapore
- April 2023 - Virtual
- Sept 2023 - Hong Kong
- Oct 2023 - Singapore
- Oct 2023 - Hong Kong
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Investment Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
Contact Us
For Enquiries, Membership mail@caproasia.com, angel@caproasia.com For Listing, Subscription mail@caproasia.com, claire@caproasia.com For Press Release, send to: press@caproasia.com For Events & Webinars events@caproasia.com For Media Kit, Advertising, Sponsorships, Partnerships angel@caproasia.com For Research, Data, Surveys, Reports research@caproasia.com For General Enquiries mail@caproasia.comMake Better Business & Investment Decisions
Sign Up / Register
