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UOB expects overseas business to account for half of revenue by 2021

It plans to capture greater connectivity flows between Asean and Greater China, especially amid mounting trade tensions between the US and China

Mr Wee at the bank's annual corporate day event. "As we sharpen our customer-centric focus, we see a greater multiplier or network effect across our franchise," he says.


UOB expects to have half of its revenue coming from outside Singapore by 2021, up from about 40 per cent currently, saying that the market may have underestimated the network potential from its Asean exposure.

The bank on Wednesday said it plans to capture greater...

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