United Overseas Bank Limited · SGX:U11
United Overseas Bank — Shareholder Meeting (April 2022)
15 slides from United Overseas Bank's shareholder meeting presentation, Apr 21, 2022
Slide 1: Innovating for a Sustainable Tomorrow
Innovating for a Sustainable Tomorrow 80th Annual General Meeting 21 April 2022 Wee Ee Cheong Deputy Chairman and Chief Executive Officer ## RESTRICTED ##
Slide 2: Agenda
Agenda 1. 2021 Performance Review 2. Key Areas of Focus 3. Looking Ahead The Day After Tomorrow Wong Yee Heng Private and Confidential. Disclaimer: This material that follows is a presentation of general background information about UOB’s activities current at the date of the presentation. It is inf
Slide 3: Maintaining resilience and financial strength
Maintaining resilience and financial strength Net Profit Operating Profit Gross Customer Loans Customer Deposits $4.1 billion $5.5 billion $311 billion $353 billion +40% +10% +10% +9% Total Assets Non-Performing Loan Common Equity Tier 1 Total Dividend Per Share $459 billion Ratio Ratio $1.20 +6% 1.
Slide 4: Balancing Growth with Stability for the Long Term
Balancing Growth with Stability for the Long Term 4
Slide 5: Supporting businesses
Supporting businesses Weathering crises with SMEs • Named World’s Best Bank for SMEs by Euromoney and Global Finance. • Supported 20,000+ SMEs regionally through relief efforts. • Transformed business models through training and digitalisation. 5
Slide 6: Supporting businesses
Supporting businesses Regional connectivity • Most extensive ASEAN network. • Dedicated FDI Advisory Unit providing deep market knowledge and local access and sector expertise. • Supported regional expansion of 3,500+ companies. • Increased our capital commitment in Vietnam and China. 6
Slide 7: Supporting businesses
Supporting businesses Digitalisation • Asset tokenisation through partnerships with digital exchange platforms. • Central Bank Digital Currencies studies in progress with regulators. 7
Slide 8: Omni-channel strategy to scale presence
Omni-channel strategy to scale presence UOB TMRW • Named ‘Best Digital Bank in ASEAN’ by The Digital Banker for 2 years. • Acquired nearly 800,000 customers digitally through TMRW since 2018. • Brought benefits of successful digital bank model to Singapore. 8
Slide 9: Omni-channel strategy to scale presence
Omni-channel strategy to scale presence Branch transformation • Focusing on wealth advisory and full range of services to SMEs for their business growth. Private Wealth • Sharpening focus on high net worth customers with holistic advisory capabilities. 9
Slide 10: Scaling up our consumer business in ASEAN: Acquisition of Citi's assets
Scaling up our consumer business in ASEAN Acquisition of Citi’s assets • Accelerates our growth target by 5 years, doubling our retail franchise to ~5.3 million customers. • Creates value for enlarged base of customers, employees and other stakeholders. • Phased integration approach, with operations
Slide 11: Forging a sustainable future
Forging a sustainable future • New sustainable financing target: S$30 billion by 2025. • Profit with purpose through sustainable investments. • Operational carbon neutrality across our footprint. • Working on sectoral pathways for decarbonisation of our financed emissions. 11
Slide 12: Agile, flexible and inclusive workforce
Agile, flexible and inclusive workforce • Continuous training under flagship Better U programme. • Trained more than 15,000 colleagues Group-wide. • 1st bank in Singapore to launch gig employment model. • Emphasis on teamwork and values-based culture. 12
Slide 13: Looking ahead
Looking ahead Growing ASEAN region COVID-19 pandemic Consumption picking up Geopolitical tensions Steady loan growth Inflation Asset quality remains resilient 13
Slide 14: Focusing on our fundamentals for sustainable growth
Focusing on our fundamentals for sustainable growth Disciplined and nimble in balancing growth with stability People with capabilities for the Guided by our values Strong balance sheet future Customers at the centre 14
Slide 15: ## RESTRICTED ##
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