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Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.
United Bank for Africa Plc (UBA) is a multinational pan-African financial services group headquartered in Lagos Island, Lagos and known as Africa’s Global Bank. It has subsidiaries in 20 African countries and offices in London, Paris and New York. [ 3 ]
The bank provides personal financial services, commercial banking, private banking and asset management services, as well as corporate finance, venture capital and insurance services. It has 68 branches in Singapore and a network of more than 500 offices in 19 countries and territories in Asia Pacific, Western Europe and North America. [8]
Bank name Country Market capitalisation (US$ billion) 1 Bank Central Asia Indonesia: 67.6 2 DBS Bank Singapore: 63.0 3 Bank Rakyat Indonesia Indonesia: 50.1 4 OCBC Bank Singapore: 39.7 5 United Overseas Bank Singapore: 38.0 6 Bank Mandiri Indonesia: 26.9 7 Maybank Malaysia: 24.7 8 Public Bank Berhad Malaysia: 21.2 9 Vietcombank Vietnam: 16.9 10 ...
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The bank serves the banking needs of large corporations, small and medium sized enterprises, individuals and government departments.The bank is a 100 percent subsidiary of United Bank for Africa, a Nigerian-headquartered financial services conglomerate, with banking subsidiaries in 20 sub-Saharan countries, whose total assets were valued at US$14.6 billion, as of 31 December 2019.
United Bank for Africa Kenya Limited, commonly referred to as UBA Kenya, is a commercial bank in Kenya. It is licensed and supervised by the Central Bank of Kenya, the central bank and national banking regulator. [3] The bank is a small-sized commercial bank in Kenya, the largest economy in the East African Community.
In 1979, Wee joined UOB, and in 2000, was appointed deputy chairman and president. [3] Wee has been CEO of UOB since April 2007. [1]Wee is also deputy chairman of Far Eastern Bank, chair of the Association of Banks in Singapore and the IBF Standards Committee, and an honorary council member of the Singapore Chinese Chamber of Commerce & Industry.