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UOB's Q4 profit flat on higher expenses, bad debt provisions

Earnings of S$788m in final quarter raise full-year profit to S$3.21b; final dividend of 35 cents per share


UNITED Overseas Bank posted flat fourth-quarter net earnings of S$788 million as higher income was offset by increases in expenses and provisions for rise in bad debts.

The bank announced final dividend of 35 Singapore cents; together with the interim dividend of 35 cents