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UOB sets sights on being No. 1 in cross-border trade needs in Asean

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Tay Peck Gek

Tay Peck Gek

Published Sun, Sep 18, 2022 · 04:30 PM
    • Frederick Chin, UOB's head of group wholesale and global markets, is pushing the bank to grow its scale sectors that capture China-Asean investment and trade flows.
    • Frederick Chin, UOB's head of group wholesale and global markets, is pushing the bank to grow its scale sectors that capture China-Asean investment and trade flows. PHOTO: KUA CHEE SIONG, ST

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    FREDERICK Chin, head of group wholesale and global markets at United Overseas Bank (UOB) is not afraid of competition from upstart digital financial platforms.

    The 61-year-old banker told The Business Times that UOB has been approached by many platform operators about potential partnerships.

    “They don’t have clients. They can’t commercialise because people don’t trust money with them. That’s why they keep approaching the bank (to ask): ‘Why don’t you partner with me?’” Chin said.

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