Fitch rates UOB's Basel III Tier 2 notes 'A+'
DeeperDive is a beta AI feature. Refer to full articles for the facts.
FITCH Ratings has assigned United Overseas Bank's (UOB) HK$700 million 3.19 per cent Basel III-compliant Tier 2 subordinated notes due August 2028 a rating of "A+", the rating agency said on Thursday. The notes are issued under the bank's S$15 billion euro medium-term note programme.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts