United Overseas Bank Limited operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares United Overseas Bank Limited with three other
banks in Asia:
Bank Rakyat Indonesia (Persero) Tbk PT
sales of 107.50 trillion Indonesian Rupiahs [US$8.07 billion]
of which 38%
Kasikornbank Public Company Limited
(273.35 billion Thai Bahts [US$8.14 billion]
of which 24%
was Corporate business), and
Bank of Baroda Ltd
based in India
(517.89 billion Indian Rupees [US$8.05 billion]
of which 43%
was Wholesale Banking).
During the year ended December of 2016, sales at
United Overseas Bank Limited were 11.35 billion Singapore Dollars (US$8.31 billion).
increase of 4.0%
versus 2015, when the company's sales were 10.91 billion Singapore Dollars.
This was the fifth consecutive year of sales increases at United Overseas Bank Limited
(and since 2011, sales have increased a total of 49%).
Sales of Group Retail saw an increase
that was more than double the company's growth rate: sales were up
8.5% in 2016, from
3.36 billion Singapore Dollars to 3.65 billion Singapore Dollars.
Not all segments of United Overseas Bank Limited experienced an increase in sales in 2016:
sales of Other fell 47.3% to 355.00 million Singapore Dollars.
United Overseas Bank Limited also experienced decreases in sales in
Global Markets and Investment Management (down 35.0% to 519.00 million Singapore Dollars)