First ever competition-based UOB Artist Alumni Network will provide more support and opportunities to catalyse the growth of artists and elevate them to the regional scene

SINGAPORE, Nov. 13, 2024 /PRNewswire/ -- Singaporean artist Mr Yong Wee Loon's artwork "A Sip Through Time", which taps into viewers' sense of nostalgia through artifacts lost to modern society, clinched both the 2024 UOB Painting of the Year (Singapore) award and the prestigious UOB Southeast Asian Painting of the Year (SEA POY) award. Mr Yong's artwork rose above the outstanding winning pieces from the 2024 UOB POY competitions held in Malaysia, Thailand, Indonesia and Vietnam. This is his second time winning a UOB POY award, previously winning the Silver award in the 2017 competition under the Emerging Artist Category. A Singaporean artist last received the SEA POY award in 2013.

Optimism in ASEAN's FinTech scene as Singapore and Thailand draw top funding this year.

SINGAPORE, Nov. 6, 2024 /PRNewswire/ -- Funding for Financial Technology (FinTech) in ASEAN has surged more than 10 times since 2015[1], growing at an exponential rate compared to global FinTech funding. This fuelled growth in sectors such as payments and alternative lending, and is poised to advance further with the increasing prevalence of Generative Artificial Intelligence (GenAI) and quantum computing. Jointly launched by UOB, PwC Singapore and the Singapore FinTech Association (SFA) today, the roundup edition of FinTech in ASEAN 2024 report: A decade of innovation report recaps the evolution of FinTech in the region from 2015 to 2024.

SINGAPORE, Nov. 4, 2024 /PRNewswire/ -- UOB FinLab, the Bank's innovation accelerator, awards a total of more than $100,000 to selected Green Technology (GreenTech) firms to pilot 15 sustainability solutions with UOB and its corporate partners across ASEAN. The pilot solutions and partnerships were unveiled today at the GreenTech Accelerator 2024 Showcase Day as part of Singapore FinTech Festival's Insights Forum.

The Bank launches Better U Pivot programme for career transitions; 

Centre of Excellence to grow AI and Data Analytics talent

SINGAPORE, Oct. 11, 2024 /PRNewswire/ -- UOB is partnering with Institutes of Higher Learning (IHLs) and industry partners to launch an industry-first comprehensive structured 12-month programme with customised learning paths and coaching to support colleagues' transition into new roles within the Bank. Coined as the Better U Pivot programme, this is one of the key initiatives announced today at UOB's annual employee festival, Better U.

SINGAPORE, Sept. 6, 2024 /PRNewswire/ -- UOB has priced GBP750 million in three-year covered bond due 2027. The covered bond was priced on Thursday (5 Sep) at the Sterling Overnight Index Average (SONIA) Rate plus 53 basis points. This is the largest orderbook for UOB in GBP covered bonds.

UOB is the first non-UK bank to access the GBP covered bond market post summer, to take advantage of the strong demand for front-end covered bonds. The three-year covered bond appealed to investors in the current macro environment and saw robust investor demand from real money fund managers, insurance and bank treasuries.

SINGAPORE, Sept. 6, 2024 /PRNewswire/ -- UOB has priced GBP750 million in three-year covered bond due 2027. The covered bond was priced on Thursday (5 Sep) at the Sterling Overnight Index Average (SONIA) Rate plus 53 basis points. This is the largest orderbook for UOB in GBP covered bonds.

UOB is the first non-UK bank to access the GBP covered bond market post summer, to take advantage of the strong demand for front-end covered bonds. The three-year covered bond appealed to investors in the current macro environment and saw robust investor demand from real money fund managers, insurance and bank treasuries.

Singapore consumers are also more optimistic about local economy and personal finances compared to regional peers.

SINGAPORE, Aug. 19, 2024 /PRNewswire/ -- Singapore consumers are optimistic about their local economy and personal finances, but nagging inflation and gaps in financial preparedness among youth surfaced as pertinent issues in UOB's latest flagship ASEAN Consumer Sentiment Study (ACSS) 2024.