UOB reaches out to millennials to spend, save and invest

Singapore

UOB is chasing the millennial dollar with more aggression this year, with an aim to bank with one in two millennials in Singapore by 2019.

In an early salvo, UOB said on Tuesday it would offer a service to young professionals to have their interest earned from their One Account - a UOB savings account - and their rebates from spending on UOB's YOLO credit card channelled into a fund run by the bank's asset management arm.