UOB’S target to achieve a return on equity (ROE) of 14 per cent is “decent”, said UOB group chief executive and deputy chairman Wee Ee Cheong.
UOB – Singapore’s third-largest bank – achieved a core ROE of 14.2 per cent for its financial year ended 2023, up 2.3 percentage points from the previous year.
Looking ahead, UOB is targeting an ROE of 13 t…
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.