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Corporate Profile
United Overseas Bank Philippines (UOBP) is a thrift bank subsidiary of United Overseas Bank Limited ("UOB"), one of the biggest banks in Singapore
UOBP offers a full range of thrift bank products and services to both individuals and corporations. Its business is backed by the global resources, product expertise, and international network of the UOB Group.
As a brief history, UOB acquired in November 1999 a 60% stake in a domestic bank, Westmont Bank, which was subsequently renamed United Overseas Bank Philippines. In July 2002, UOB increased its ownership stake in UOBP from 60% to 100%. In 2006, UOBP converted from a commercial bank into a thrift bank and sold 66 branches to Banco De Oro Universal Bank.
Parent Company
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 69 branches in Singapore and over 430 offices in Australia, Brunei, Canada, China, France, Hong Kong, 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), PT Bank UOB Indonesia and PT Bank Buana.
UOB was founded in 1935 by Sarawak-born Datuk Wee Kheng Chiang - the father of the present UOB Group Chairman and Chief Executive Officer, Mr. Wee Cho Yaw - and a group of Chinese businessmen. To view UOB's website please click here.
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