The acquisition in Vietnam follows completions in Thailand and Malaysia in November 2022
Tag:
UOB
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Finance
United Overseas Bank acquires Citi’s retail banking business in Vietnam and many countries
by Sophie DaoUOB said that it would acquire Citi’s unsecured and secured lending portfolios, wealth management and retail deposit businesses in the four countries
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BusinessFinanceTech
For the first time ever, sustainability-linked digital bond introduced by UOB and ADDX
by Dung DuongThis initiative comes amid a rise in the use of digital securities to enhance the efficiency of bonds and other fixed income instruments.
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Singapore-based United Overseas Bank (UOB) will open its first branch in Vietnam on July 2. It is the ninth wholly foreign-owned bank and first Singaporean bank in the country.