UOB’s Q4 profit up 1.7%, above expectations on strong loan growth
United Overseas Bank, Singapore’s third-biggest lender, posted a 1.7 per cent rise in quarterly profit on the back of strong loan growth, beating analysts’ average forecast. UOB said net profit for the October-December period came in at S$786 million, above an average forecast of S$759 million from six analysts polled by Reuters. It reported a…
