UOB sees more FDI flows from Europe into Asean

Bank plans to grow client base for FDI advisory unit by another 30% by end-2015

Published Tue, May 19, 2015 · 09:50 PM

    Singapore

    UNITED Overseas Bank (UOB) is expecting more foreign direct investment (FDI) flows from Europe into South-east Asia, as the bank deepens its advisory relationship with clients, a senior banker told The Business Times on Tuesday.

    The bank - which has the widest branch network in South-east Asia among the Singapore lenders - said its FDI advisory unit has registered a doubling of clients in the last year.