UOB Philippines

Established in 1993, UOB Malaysia was merged with the Lee Wah Bank in 1994 to act as a unit. Lee Wah Bank was founded in 1920 in Singapore, and its first branch in Malaysia was opened in 1956. In 1973, Lee Wah Bank became a subsidiary of UOB and was merged with UOB Malaysia in 1994.

The UOB Group first started its operations in the Philippines in November 1999, when UOB Limited acquired a 60% of shares in Westmont Bank’s domestic bank United Overseas Bank Philippines ("UOBP"). In July 2002, the shares were increased to 100%, and in 2006, the UOBP was transformed from a commercial bank into a subsidiary company, which sold 66 BDO Unibank branches. UOBP continued to operate in one place, providing wholesale banking products and services. The UOB Limited (“UOBL”) applied for a branch license in accordance with the new law on banks, adopted in July 2014, which permits the conversion of UOBP from a wholly owned subsidiary to a commercial bank branch.

On August 26, 2015, the Bangko Sentral ng Pilipinas approved the UOBL to register a branch in the Philippines called United Overseas Bank Limited, the Manila branch, and on November 12, 2015 received a business license from the Securities and Exchange Commission.The Manila branch of the UOBL began operations on January 4, 2016 and offers a range of commercial banking products and services.

Shareholders

• Citibank Nominees Singapore Pte Ltd (300184672) 18,35%
• DBS Nominees (Private) Limited (278681033) 17,04%
• DBSN Services Pte. Ltd. (141007324) 8,62%
• United Overseas Bank Nominees (Private) Limited (134666910) 8,23%
• Wee Investments Pte Ltd (128119445) 7,83%
• Wah Hin & Co Pte Ltd (83858671) 5,13%
• HSBC (Singapore) Nominees Pte Ltd (82830186) 5,06%
• Tai Tak Estates Sendirian Berhad (68168000) 4,17%
• UOB Kay Hian Private Limited (41198717) 2,52%
• CY Wee & Co Pte Ltd (36319299) 2,22%

Leading

• Wee Cho Yaw (Chairman Emeritus and Adviser)
• Hsieh Fu Hua (Chairman)
• Wee Ee Cheong (Deputy Chairman and CEO)

Head Office

Credit

For individuals

Short-term loan financing for less than a year. It provides easy access to additional funds when necessary, and provides companies with financial flexibility that allows them to use investment opportunities or obtain reserve loans to manage cash flow.

Deposited

Deposit Services:

• Corporate Current Account
• Corporate Interest Account
• Fixed deposit account
• Global Corporate Account
• Uniplus Corporate Account

Business loan

For legal entities

It is offered to companies for expanding business or upgrading facilities and acquiring fixed assets such as factories, equipment, land and construction.

Contacts

Full company name	United Overseas Bank Limited, Manila Branch
Address	United Overseas Bank Limited, Manila Branch 17th Floor, Pacific Star Bldg., Sen. Gil Puyat Ave., Cor. Makati Ave., Makati City, Philippines
Phone number	(632) 548-6400; Fax: (632) 811-6196 Cash register: (632) 548-6416 Marketing: (632) 548-6408, (632) 548-6444
E-mail	UOB.Manila@UOBgroup.com
Social networks

User rating

Reviews