United Overseas Bank (UOB)Singapore
Created before Nov 2016
Last update: 2019-02-11 15:20:55
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About United Overseas Bank (UOB)

United Overseas Bank (UOB) is a Singaporean bank which was established in 1935. Over the years it has acquired several smaller banks. Currently, it operates in 19 countries in Asia, Western Europe and North America and provides the following services: personal financial, private banking, corporate banking, investment banking, corporate finance, capital market activities, treasury services, futures broking, asset management, venture capital management, insurance and stockbroking services.

Website http://www.uobgroup.com/
Headquarters
80 Raffles Avenue, UOB Plaza 1
048624
Singapore
CEO/chair Wee Ee Cheong
Deputy Chairman and Chief Executive Officer
Supervisor
Monetary Authority of Singapore (MAS)
Annual reports Annual report 2018
Annual report 2017
Ownership
listed on Singapore Stock Exchange (SGX)

UOB Group's share holder structure can be accessed here.

Related Dodgy Deals

United Overseas Bank (UOB) has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Projects - active profiles

Line 3 Pipeline Replacement Project (L3RP) United States profile

oil and gas | transport and infrastructure
Debt – corporate loan
United Oversease Bank does not provide direct financing for the Line 3 replacement but provides revolving credit for Enbridge.
source: Greenpeace
link

Trans Mountain Pipeline Expansion project (TMEP) Canada profile

oil and gas | transport and infrastructure
Debt – corporate loan
 80 million
31 May 2017
Financed CAD 80 million as part of CAD 5.5 billion credit facility
source: Securities & Exchange Commission
link
There are no active projects for United Overseas Bank (UOB) now.

Projects - on record profiles

Hazelwood coal power plant Australia profile

energy plants - coal
Debt – corporate loan
AUD 27 million
2008
source: link

Companies - active profiles

Golden Agri-Resources (GAR) Singapore profile

agriculture - palm oil
Equity – share owner/manager
2017
United Overseas Bank Nominees PTE Ltd holds 1.99% of GAR's shares
source: GAR Annual Report 2017
link

Golden Veroleum Liberia (GVL) Liberia profile

agriculture - palm oil
Equity – share owner/manager
2017
United Overseas Bank Nominees PTE Ltd holds 1.99% of GAR's shares
source: GAR Annual Report 2017
link

Indofood Indonesia profile

agriculture - palm oil
Debt – corporate loan
USD 40 million
Credit facility
source: Indofood financial statements March 2019
link

Marubeni Japan profile

energy plants - coal | forestry - pulp and paper | mining - non coal | transport and infrastructure
Debt – corporate loan
USD 11 million
2014 - 2017
source: BankTrack Coal Developers Report
link

Wilmar International Singapore profile

agriculture - palm oil
Debt – corporate loan
USD 33 million
2018
source: Forests and Finance Database
link
Debt – corporate loan
USD 48 million
2017
source: Forests and Finance Database
link
Debt – corporate loan
EUR 289 million
2010 - 2013
Total amount of 4 corporate loans provided to Wilmar by United Overseas Bank in the period 2010-2013.
source: FoE Europe report (November 2015)
link
There are no active companies for United Overseas Bank (UOB) now.

Companies - on record profiles

BHP Billiton Australia profile

mining - coal | mining - non coal | oil and gas
Debt – corporate loan
EUR 7.2 million
source: International Financing Review, 26 October 2002;Euroweek - Issue: 780; Prospectus WMC Resources, 26 June 2003.

Bumitama Indonesia profile

agriculture - palm oil
Bond issue – underwriter
EUR 55.38 million
March 2014
One of two participating financial institutions in a bonds issuance
source: FoE - The financing of Bumitama Agri(2015)
Debt – corporate loan
EUR 17.19 million
May 2013
Loan secured through subsidiary Bumitama Gunajaya Agro Group
source: Thomson ONE Banker, Tearsheet 2980397115, consulted on 8 May 2013
Debt – corporate loan
EUR 25.4 million
November 2012
source: Thomson ONE Banker, Tearsheet 2910214115, consulted on 12 November 2012
Debt – corporate loan
EUR 10.7 million
November 2011
One-year revolving credit facility, loan secured through Bumitama Gunajaya Agro Group
source: FoE - The financing of Bumitama Agri (2015)

OLAM Singapore profile

agriculture - food crops | agriculture - palm oil | forestry - pulp and paper
Uncategorised
22 September 2014
shares/bonds underwriter or manager - holds 0.24% of the shares - on behalf of UOB Nominees
source: Annual Report 2014

Dodgy Deals map

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News

| |
Type:
Year:
blog
external news
our news

Singapore banks need to warm up to renewable energy financing

2018-10-09 | The Business Times
blog
external news
our news

Liberian communities harassed after calling on banks to halt $1.5 billion loan to Wilmar over landgrabbing concerns

2018-07-26 | Inclusive Development International
blog
external news
our news

Local NGOs push Singapore banks on coal: Stop using our money to fuel climate change

2018-07-12 | Eco-Business
blog
external news
our news

Global coalition petitions to end fossil power in Vietnam as deadly future looms

2018-02-09 | VnExpress
blog
external news
our news

Open letter calling on DBS, OCBC and UOB to take action on climate change

2018-02-07
blog
external news
our news

Singapore banks DBS, OCBC and UOB funding coal projects despite climate risks: Study

2018-01-20 | The Strait Times
blog
external news
our news

Singaporean banks blowing smoke on climate

2018-01-10 | Melbourne | Market Forces
blog
external news
our news

Singapore has declared 2018 the year of climate action—so why are its banks still funding coal?

2018-01-10 | Eco-business
blog
external news
our news

New report: Towards responsible and inclusive financing of the palm oil sector

2017-11-15 | Center for International Forestry Research (CIFOR), Profundo
blog
external news
our news

Indigenous Groups Lead Movement to Call on Banks to Drop Enbridge’s Controversial Line 3 Pipeline

Tribal Nations based in Minnesota oppose the project and the Minnesota Department of Commerce has condemned it
2017-09-21 | Minneapolis, MN | Honor the Earth, Rainforest Action Network

Documents

| | | | | | | | | | | |
Type:
Year:
annual reports

Annual report 2018

2019-04-16 00:00:00 | United Overseas Bank (UOB)
csr policies

Anti-money laundering questionnaire

2018-06-25 00:00:00 | UOB
csr policies

Guidelines on responsible finance

2018-06-01 00:00:00 | Association of Banks in Singapore
annual reports

Annual report 2017

2018-03-31 00:00:00 | UOB
correspondence

Letter from various civil society organisations to DBS, OCBC and UOB on climate change action

Open letter calling on DBS, OCBC and UOB to take action on climate change
2018-02-07 00:00:00 | various civil society organisations
ngo documents

Major international banks continue to finance palm oil company Indofood despite evidence of systemic labor abuses

Forest & Finance Briefing
2017-11-30 00:00:00 | RAN, TuK Indonesia & Profundo
annual reports

Annual Report 2016

2017-07-31 00:00:00 | UOB
annual reports

Sustainability Report 2016

2017-07-31 00:00:00 | UOB
ngo documents

Dirty Bankers

How HSBC is financing forest destruction for palm oil
2017-01-17 00:00:00 | Greenpeace
ngo documents

Protecting the Leuser Ecosystem

A Shared Responsibility
2016-11-07 00:00:00 | Rainforest Action Network
ngo documents

Kuasa Taipan Kelapa sawit di Indonesia

in Bahasa Indonesia
2015-02-16 00:00:00 | TuK, Profundo
ngo documents

Tycoon-controlled oil palm groups in Indonesia - Executive Summary

2015-02-16 00:00:00 | TuK, Profundo
annual reports

Annual Report 2014

2015-01-01 00:00:00 | UOB
annual reports

Annual Report 2013

2014-01-01 00:00:00 | UOB
ngo documents

Worldwide investments in Cluster munitions, a shared responsibility

2012-06-20 00:00:00 | IKV Pax Christi & FairFin

Policies

Voluntary initiatives

United Overseas Bank (UOB) has committed itself to the following voluntary standards:

Investment policies

United Overseas Bank has not publicly disclosed its investment policies. The group's web page on corporate social responsibility can be accessed here.

Year:
csr policies

Anti-money laundering questionnaire

2018-06-25 00:00:00 | UOB
csr policies

Guidelines on responsible finance

2018-06-01 00:00:00 | Association of Banks in Singapore

Good moves

Year: