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
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.
Through the FDI advisory unit, UOB has to date advised more than 500 companies expanding into …
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