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BANK RESULTS

UOB posts 18.7% rise in Q3 profit

Record earnings of S$866m boosted by robust loans growth, strong gains in fee and trading income

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United Overseas Bank (UOB) posted on Thursday strong results for the third quarter, with net profit rising 18.7 per cent to a record S$866 million due to robust loans growth and strong gains in fee and trading income.

Singapore

UNITED Overseas Bank (UOB) posted on Thursday strong results for the third quarter, with net profit rising 18.7 per cent to a record S$866 million due to robust loans growth and strong gains in fee and trading income.

The results exceeded an average forecast of S$746

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