United Overseas Bank (UOVEY)

Overall impact
B (66)

Commentary

United Overseas Bank is a strong overall performer. With a 'B' rating of 65.5 for overall impact (73rd percentile compared to all companies), United Overseas Bank ranks 125th out of 243 industry peers, behind Bank Albilad, Eurobank Group, IMB Bank and 121 others, and ahead of SMC, The Chiba Bank, Banco BPM and 115 others. On top material causes for United Overseas Bank's industry (Banks), United Overseas Bank performs well in Sustainable Use of Natural Resources (87.7 score), Clean Water Access (88.1), Terrestrial Biodiversity (95.4) and 12 other causes where it received an 'A' score and performs poorly in Accountable Institutions (27.6 score), Accountable Institutions (27.6), Accountable Institutions (27.6) and 24 other causes where it received a 'D' or 'F' score.
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Impact
Cause UOVEY
Peer rank
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Company
Founded
1935
Employees
31,222
Sector
Financials
Industry
Banks
Sub-industry
Diversified Banks
SASB industry
Commercial Banks
Headquarters
Singapore
Share classes
UOB0.F
U11.SI
PRIVATE.UNITEDOVERS
UOVEY
Description
United Overseas Bank Limited, together with its subsidiaries, provides banking products and services worldwide. It operates through three segments: Group Retail, Group Wholesale Banking, and Global Markets. The company offers deposit products; loan products, including overdraft, cash credit, short term, and long-term loans; and buyers credit, structured trade finance, ECBs, SGD bonds, loan syndication, and M and A services. It provides forex, documentary collection, credit, bank guarantee, export and import finance services. In addition, the company offers inward and outward remittances, FX" spot and forward, current account, and time deposit services; letter of credit advising and negotiation/discounting services; and import and export services comprising of inward and outward bill collection services, and documents against acceptance and payment, as well as standby letter of credit. Further, it provides interest rate, credit, commodities, equities, and structured investment products; private, commercial and corporate, and investment banking services; and is involved in property, insurance, and investment management activities. Additionally, the company offers corporate finance, treasury, futures broking, asset management, venture capital management, insurance, stockbroking, cash management, and wealth management services; and engages in capital market, credit card, and private residential home loan businesses. The company was incorporated in 1935 and is headquartered in Singapore.
Material causes
Ethos considers the following causes material for United Overseas Bank, based on its industry sub-industry Diversified Banks. Learn more about material causes in our methodology overview.

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