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UOB sees more FDI flows from Europe into Asean

Bank plans to grow client base for FDI advisory unit by another 30% by end-2015

Published Tue, May 19, 2015 · 09:50 PM

Singapore

UNITED Overseas Bank (UOB) is expecting more foreign direct investment (FDI) flows from Europe into South-east Asia, as the bank deepens its advisory relationship with clients, a senior banker told The Business Times on Tuesday.

The bank - which has the widest branch network in South-east Asia among the Singapore lenders - said its FDI advisory unit has registered a doubling of clients in the last year.

Through the FDI advisory unit, UOB has to date advised more than 500 companies expanding into …