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UOB posts 8% rise in Q1 profit to S$1.05b on stronger income growth

Broad-based loan growth of 12% lifts net interest income by 8% to S$1.59b

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"We started 2019 with strong quarter earnings, underpinned by our continued focus on our fundamentals and prudence in managing our business," says UOB's CEO Wee Ee Cheong.

Singapore

UNITED Overseas Bank (UOB) on Friday reported higher net profit for its first quarter of 2019, up 8 per cent to S$1.05 billion, from S$978 million for the year-ago period.

Earnings per share was S$2.47 for the three months ended March 31 versus S$2.28 for the year-ago...

sentifi.com

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