ABOUT UOB MANILA
UOB Group first operated in the Philippines in November 1999 when UOB Limited
acquired a 60% stake in a domestic bank, Westmont Bank, which was subsequently,
renamed United Overseas Bank Philippines ("UOBP"). In July 2002, the stake was
increased to 100%, and in 2006, UOBP was converted from a commercial bank into
a thrift bank subsidiary with the sale of 66 branches to Banco De Oro Universal
Bank. UOBP continued its operations in a single location providing wholesale
banking products and services.
UOB Limited ("UOBL") applied for a branch license following a new banking law
enacted in July 2014 which allows the conversion of UOBP from a wholly-owned
subsidiary to a commercial bank branch. Last 26 August 2015, Bangko Sentral ng
Pilipinas approved UOBL to register a branch in the Philippines to be called
United Overseas Bank Limited, Manila Branch and received its license to
transact business from the Securities & Exchange Commission last November
UOBL Manila Branch commenced operations on 4 Jan 2016 and offers a range of
commercial banking products and services to both individuals and corporations.
United Overseas Bank Limited ("UOB") is a leading bank in Singapore. It
provides a wide range of financial services through a global network of
branches/offices and subsidiaries/associate: personal financial services,
private banking, trust services, commercial and corporate banking, investment
banking, corporate finance, capital market activities, treasury services,
futures broking, asset management, venture capital management, general
insurance, life assurance and stockbroking services.
UOB's vast network of 500 offices around the world comprises of 68 branches in
Singapore and over 430 offices in Australia, Brunei, Canada, China, Hong
Kong, India, Indonesia, Japan, Malaysia, Myanmar, South Korea, Taiwan,
Thailand, United Kingdom, USA and Vietnam.
UOB has a banking subsidiary, Far Eastern Bank, in Singapore, while its other
banking subsidiaries in the region are United Overseas Bank (Malaysia), United
Overseas Bank (Thai) and PT Bank UOB Indonesia.
UOB was founded in 1935 by Sarawak-born Datuk Wee Kheng Chiang - the father of
the present UOB Group Chairman Mr. Wee Cho Yaw - and a group of Chinese
businessmen. To know more about the UOB Group, its mission, values, customer commitments,
and other information, click