UOB's net profit, revenue hit record S$4.01b and S$9.12b in 2018
Stronger showing boosted by growth in both net interest, and fee and commission income
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Tay Peck Gek
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Singapore
UOB's efforts to tap intra-regional flows have borne fruit as it saw a three-fold increase in deposit inflows in the past three years and cross-border revenue made up 25 per cent of its wholesale banking income.
UOB chief executive officer Wee Ee Cheong highlighted the bank's cross-border performance at a financial results briefing on Friday.
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