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United Overseas Bank (SGX:U11) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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What is United Overseas Bank Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for United Overseas Bank's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


United Overseas Bank Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for United Overseas Bank's Mortgage Backed Securities (USD Mil) can be seen below:

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United Overseas Bank Mortgage Backed Securities (USD Mil) Chart



United Overseas Bank  (SGX:U11) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.


United Overseas Bank Mortgage Backed Securities (USD Mil) Related Terms

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United Overseas Bank (SGX:U11) Business Description

Industry
Traded in Other Exchanges
Address
80 Raffles Place, UOB Plaza, Singapore, SGP, 048624
United Overseas Bank is a diversified financial institution based in Singapore. Its regional reach spans Greater China and Southeast Asia. Key countries include Malaysia, Thailand, and Indonesia. Singapore, its core market, makes up around 50% of its total assets. The group offers a wide range of services, including consumer, commercial and corporate, and investment banking; corporate finance; treasury services; and wealth management, insurance, and brokerage services.

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