United Overseas Bank Limited · SGX:U11
United Overseas Bank — H1 2013 Earnings Presentation
6 slides from United Overseas Bank's earnings presentation, Aug 1, 2013
Slide 1: UOB Group First Half 2013
UOB Group First Half 2013 Strong Fundamentals with Record Earnings, Managing Risks for Sustainable Growth Wee Ee Cheong Deputy Chairman & Chief Executive Officer 1 August 2013 Disclaimer: This material that follows is a presentation of general background information about the Bank’s activities curre
Slide 2: Record Earnings in 1H 2013
Record Earnings in 1H 2013 Profit: Achieved 2 consecutive quarters of record profit, bringing 1H 2013 earnings to a new high, backed by strength in core businesses Net interest income >S$1 billion in 2Q 2013, a new milestone Loans: 11.1% growth year-to-date, pipeline remains healthy NIM: Stabilised
Slide 3: Staying Focused on Fundamentals amidst Uncertainty
Staying Focused on Fundamentals amidst Uncertainty Stable funding base Strengthening our Balance Sheet • Increased customer deposits Debts Others Issued 8% proportion of funding mix 3% Shareholders’ Equity • All regional subsidiaries are 9% fully self funded in local currencies Bank Deposits 15% Cus
Slide 4: Capitalising on Rising Intra-regional Flows
Capitalising on Rising Intra-regional Flows Facilitating cross-border business Growing Number of Intra-Regional Deals flows via dedicated business units FY10 Launched FDI units in Malaysia, 90% Thailand and China in 1H 2013 1H13 41% Well positioned to capitalise on Singapore’s role as an offshore RM
Slide 5: Capturing Rising Asian Consumer Affluence
Capturing Rising Asian Consumer Affluence Wealth Management Growth Progress Steady inflows in AUM and customers 165,000 $71bn FY10 $48bn 100,000 1H13 From FY 2010 to date, • Grew AUM from $48bn to $71bn Assets Under Customers • Expanded customer base Management from 100,000 to 165,000 • Increased re
Slide 6: Looking Ahead
Looking Ahead Volatility to persist as the world adjusts to QE tapering. Reflects improving outlook of the US economy, which is a positive development for this part of the world Fundamentals in ASEAN remain sound, backed by rising intra-regional business flows and consumer affluence Singapore bankin