United Overseas Bank is a major banking organization headquartered in Singapore, with branches mostly found in most South-east Asian countries. UOB provides a broad range of financial services including personal financial services, private banking, business banking, commercial and corporate banking, transaction banking, investment banking, corporate finance, capital market activities, treasury services, futures broking, asset management, venture capital management and insurance.In Singapore, UOB is a leader in the credit and debit cards business and the private home loans business. It is also a key player in loans to small and medium enterprises.
United Overseas Bank (UOB) was incorporated on 6 August 1935 as the United Chinese Bank. Founded by Datuk Wee Kheng Chiang, the Bank catered mainly to the Fujian community in its early years. The change of name was effected in 1965. In 1973, UOB acquired Lee Wah Bank. In 1984, the company bought Far Eastern Bank. In 2001, UOB acquired Overseas Union Bank Limited (OUB) in a takeover deal estimated to be worth S$10 billion. United Overseas Bank Limited (UOB) has charted steady growth the past 78 years to establish itself as a leading bank in Singapore. Today, the UOB Group has 68 branches in Singapore and a network of more than 500 offices spanning 19 countries and territories in Asia-Pacific, Western Europe, and North America.
