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In September 2001, UOB acquired Overseas Union Bank, then Singapore's fourth largest local bank, in a deal worth S$10 billion. United Overseas Bank History Plaque. In 2002, UOB started expanding into the Chinese market by opening a new full-service branch office in Shanghai and upgrading of its Beijing office to a full-service branch.
Americans already do most of their banking online — at least 7 out of 10 U.S. households are enrolled in digital banking, according to a recent survey on digital financial literacy, with 95% of ...
Merged into Oversea-Chinese Banking Corporation and renamed Singapore Island Bank. Not to be confused with the current Bank of Singapore which is renamed from ING Asia Private Bank. [3] Chung Khiaw Bank Limited. 崇僑銀行有限公司. Singapore. 1999. Merged into United Overseas Bank. Far Eastern Bank Limited.
In 1979, Wee joined UOB, and in 2000, was appointed deputy chairman and president. Wee has been CEO of UOB since April 2007. Wee is also deputy chairman of Far Eastern Bank, chair of the Association of Banks in Singapore and the IBF Standards Committee, and an honorary council member of the Singapore Chinese Chamber of Commerce & Industry.
eNETS is an online payment gateway services. It enables payment from all major credit cards and currencies as well as Direct Debit (internet banking payments) from the major banks in Singapore and China, including DBS (Singapore and Hong Kong), UOB, OCBC, Citibank and BNU. NETS eCommerce
Wee Cho Yaw DUBC ( Chinese: 黃祖耀; pinyin: Huáng Zǔyào; Pe̍h-ōe-jī: Ûiⁿ Chó͘-iāu; 10 January 1929 – 3 February 2024) was a Singaporean banker, businessman, investor, and philanthropist. He was chairman emeritus and honorary adviser of United Overseas Bank (UOB), and chairman of the UOL Group . Wee joined the board of directors ...
v. t. e. Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that ...
The bank was previously known as The Development Bank of Singapore Limited, which "DBS" was derived from, before the present abbreviated name was adopted on 21 July 2003 to reflect its role as a global bank. It is one of the "Big Three" local banks in Singapore, along with Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB).