United Overseas Bank Ltd (SGX:U11)
S$ 30.12 0.17 (0.57%) Market Cap: 50.44 Bil Enterprise Value: 7.31 Bil PE Ratio: 9.00 PB Ratio: 1.09 GF Score: 83/100

Full Year 2021 United Overseas Bank Ltd Earnings Press Conference Transcript

Feb 16, 2022 / NTS GMT
Release Date Price: S$32.75 (+0.21%)
Unidentified Company Representative

Hello, and welcome to UOB's Full Year 2021 Results Briefing. This morning, we have Mr. Wee Ee Cheong, UOB Deputy Chairman and CEO; and Mr. Lee Wai Fai, our CFO, to present the results. A few house rules before we start. (Operator Instructions) We would like to remind those in the room with us to keep your mask on at all times and to keep a safe distance with one another. Please also put your mobile phones to silent. For those of you on Microsoft Teams, please put yourself on mute for now.

Without further ado, I will now pass the time to our CEO, Mr. Wee, please.

Ee Cheong Wee
United Overseas Bank Limited - Deputy Chairman & CEO

Good morning, and thank you for joining us. We hope everyone is staying safe and healthy. As we enter the third year of the global pandemic, the operating environment is stabilizing. We believe the worst is behind us. In Singapore, we see market recovery and improving consumer sentiment. In Southeast Asia, green shots of recovery are strengthening. Last year, global FDI, foreign direct investment

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