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In September 2001, UOB acquired Overseas Union Bank, then Singapore's fourth largest local bank, in a deal worth S$10 billion. [15] [16] United Overseas Bank History Plaque. In 2002, UOB started expanding into the Chinese market by opening a new full-service branch office in Shanghai and upgrading of its Beijing office to a full-service branch ...
The 280 m (920 ft) tall Tower One and the 38-storey Tower Two house offices, while the podium contains retail space. Initially conceived in the late 1970s as Overseas Union Bank Centre, the headquarters of Overseas Union Bank (OUB), work on the building began in 1981, while construction of the superstructure subsequently commenced in October 1984.
The Overseas Union Bank opened in the building on 5 February 1949. [4] This made the Overseas Union Bank the first local bank at Raffles Place. [5] From March 1957 to 1968, the building also served as the head offices of the Overseas Union Insurance Limited. The building also housed the head offices of the Overseas Assurance Corporation. [6]
Lien cofounded Nanyang University [6] and is the founder of Overseas Union Bank (formerly Overseas Chinese Union Bank), which, in 2001, became part of United Overseas Bank, [3] as well as the Lien Foundation, which he established in 1980. [6] He was winner of the American Academy of Achievement's Golden Plate Award in 1981. [2] [7]
Union Bank of the Philippines, Inc., more commonly known as UnionBank, is one of the universal banks in the Philippines and the ninth largest bank in the country by assets. [2] UnionBank is a joint consortium among the Aboitiz Group, Insular Life, and Social Security System. It started operations in 1981 and became a commercial bank on January ...
Voluntary liquidation after a bank run Overseas Union Bank Limited 华联银行有限公司 Singapore: 2002 Merged into United Overseas Bank: Tat Lee Bank Limited 达利银行有限公司 Singapore: 1998 Merged with Keppel TatLee Bank: The Islamic Bank of Asia: 亚洲伊斯兰银行 Singapore: 2015 Merged into DBS Bank [6]
The company was founded in 1963 as Faber Union Limited, a subsidiary of Faber Union (HK) Limited. [2] [4] [5] It became a publicly traded company on the Singapore Exchange in 1964. [3] In 1975, the company changed its name to United Overseas Land Limited after Wee Cho Yaw and United Overseas Bank acquired a controlling interest in the company ...
The city therefore had two tallest buildings until the completion of the United Overseas Bank Plaza Two in 1974. B. ^ a b c The United Overseas Bank Plaza One, completed in 1992, tied the height of the Overseas Union Bank Centre. The city therefore had two tallest buildings until the completion of Republic Plaza in 1995, which also tied the ...