UOB up lorry soon ? Straits Times painted a very bad picture of UOB

[CoffeeAhSoh]

Why no indian in the board? UOB must get Piyush Gupta.

one has to trace its roots ,
.

Before it was known as United Overseas Bank (UOB), the bank was first known as the United Chinese Bank (UCB).

Founded in 1935 during the Great Depression, it was established by Datuk Wee Kheng Chiang along with six other businessmen. The bank originally focused on serving the merchant community in Singapore, specifically the Hokkien community.

Why did the name change?

The bank officially changed its name to United Overseas Bank in 1965. The primary reason for this change was to avoid confusion with an existing bank in Hong Kong also named "United Chinese Bank" as UOB prepared to open its first international branch there.

Key Milestones in the Transition:

* 1935: Incorporated as United Chinese Bank (UCB) on August 6; began operations in the Bonham Building.
* 1965: Renamed to United Overseas Bank (UOB) to facilitate international expansion.
* 1970: Listed on the Stock Exchange of Malaysia and Singapore.
* **1971: Launched the iconic five-bar logo, which was inspired by the traditional Chinese method of counting in fives (the "tally mark" system), symbolizing security and unity.

 

[duluxe]

They are trying to buy shares in one of smaller banks but not successful whereas uob and ocbc were already in malaysia before 1965.

DBS should instead goes india, japan or middle-east.