UOB resumes guidance for FY2025 with trimmed forecasts amid Q2 earnings miss
The bank now expects NIM for FY2025 to come in at between 1.85% and 1.9%
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[SINGAPORE] UOB has resumed guidance on its full-year 2025 targets after briefly pausing them in the first quarter, but the projections are now broadly lower.
The bank now expects net interest margin (NIM) for FY2025 to come in at between 1.85 and 1.9 per cent, down from its earlier forecast of around 2 per cent.
It also expects loan growth to be in the low single digits and fee income to rise by a high single-digit percentage.
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