UOB to focus on organic growth: CEO

UNITED Overseas Bank (UOB) will focus on growing organically, but will be on the look-out for opportunities to cement its position in South-east Asia, chief executive and deputy chairman Wee Ee Cheong said at the sidelines of the company's annual general meeting yesterday.

"We are on the look-out, but it must be the right price, the right fit," Mr Wee said. "At the moment, I think we will continue to grow organically because you can see the markets that we're in, we still have a small market share and we are still able to grow. It's not that we have to buy to gain market share. Because when you buy something, obviously …