Our Story Over 80 Years - UOB Group · 2016-04-04 · Amid the uncertainties of the Great...

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1930s 1960s 1970s - 1990s 2000s - 2010s 2015 1935 Amid the uncertainties of the Great Depression, a group of seven businessmen led by Datuk Wee Kheng Chiang (first row, fifth from left) founded a bank to serve the merchant community in Singapore. 1935 (6 August) United Chinese Bank (UCB) is incorporated 1962 1 st bank to focus on women as customers 1965 UCB is renamed United Overseas Bank Opens 1 st overseas branch in Hong Kong 1971 Acquires majority stake in Chung Khiaw Bank (CKB) Opens Tokyo Branch Reveals iconic five-bar logo 1973 Acquires Lee Wah Bank 1983 Opens Seoul representative office 1984 Opens Beijing representative office Acquires majority interest in Far Eastern Bank 1985 Expands into Sydney and Xiamen 1986 Expands into Vancouver 1987 Acquires majority interest in Industrial & Commercial Bank 1988 1 st local bank to launch Visa cards 1 st bank to launch Singapore’s only credit card for ladies 1992 1 st Singapore bank to set up office in Vietnam Sets up Taipei representative office 1993 1 st bank in Singapore to launch automated Cash Deposit Machine 1997 UOB Malaysia merges with CKB Malaysia 1998 Opens Shanghai branch 1999 Acquires Westmont Bank in the Philippines Acquires Radanasin Bank in Thailand 2001 Acquires Overseas Union Bank 2004 Acquires 96.1% in Bank of Asia Public Company in Thailand 2005 Increases controlling stake of PT Bank Buana in Indonesia to 61.1% 2009 Opens Mumbai branch 2010 Merges PT Bank UOB Indonesia with PT Bank UOB Buana 2011 1 st bank in Singapore to establish a Foreign Direct Investment Advisory Unit to support our clients’ regional expansion 2013 1 st bank in Singapore to offer retail customers online access to gold and silver savings accounts 2014 Named Most Admired ASEAN Enterprise for ASEAN Centricity by ASEAN Business Advisory Council 1 st Asian bank to obtain a Eurex General Clearing Membership Completes full acquisition of Far Eastern Bank Officially opens Yangon branch, adding to UOB’s unparalleled Southeast Asian network Introduces UOB Mighty – 1 st mobile app outside of the US to enable contactless payments with tokenised security 1935 (1 October) UCB begins operations at Bonham building 1956 Introduces coin banks for children 1958 Drives 1 st mobile branch 1959 Opens 1 st UCB branch at Beach Road 1975 Opens London branch 1977 Opens New York agency 1978 UOB Bullion Limited commences operations and introduces Gold Certificates 1980 Opens Singapore’s 1 st ATM offering 24-hour banking Opens Los Angeles agency 1974 UOB Group begins operating from its new 30-storey building which stood on the same site as Bonham Building (the current UOB Plaza 2) 1982 Holds inaugural UOB Painting of the Year competition 1994 Expands into Yangon 1995 Celebrates 60 th anniversary and official opening of UOB Plaza 1 2007 Launches 1 st UOB Heartbeat Run/Walk 2015 Receives Distinguished Patron of the Arts Award for 11 th consecutive year and SG50 Arts Patron Award Opens the UOB Southeast Asia Gallery at National Gallery Singapore which houses the world’s largest collection of modern Southeast Asian art UOB is rated among the world’s top banks and has a global network of more than 500 branches and offices. Source: Singapore Business Times © Singapore Press Holdings Limited. Reprinted with permission. Our Story Over 80 Years Since 1935, our entrepreneurial spirit, focus on long-term value creation, and unwavering commitment to do what is right for our customers, have made UOB a leading bank in Asia. Our timeline captures the corporate milestones of our 80-year history. UOB turns 80 Our Beginning 4 | UNITED OVERSEAS BANK LIMITED ANNUAL REPORT 2015 UNITED OVERSEAS BANK LIMITED ANNUAL REPORT 2015 | 5

Transcript of Our Story Over 80 Years - UOB Group · 2016-04-04 · Amid the uncertainties of the Great...

Page 1: Our Story Over 80 Years - UOB Group · 2016-04-04 · Amid the uncertainties of the Great Depression, a group of seven businessmen led by Datuk Wee Kheng Chiang (first row, fifth

1930s 1960s 1970s - 1990s 2000s - 2010s 2015

1935Amid the uncertainties of the Great Depression, a group of seven businessmen led by Datuk Wee Kheng Chiang (first row, fifth from left) founded a bank to serve the merchant community in Singapore.

1935 (6 August)United Chinese Bank (UCB) is incorporated

19621st bank to focus on women as customers

1965UCB is renamed United Overseas Bank

Opens 1st overseas branch in Hong Kong

1971Acquires majority stake in Chung Khiaw Bank (CKB)

Opens Tokyo Branch

Reveals iconic five-bar logo

1973Acquires Lee Wah Bank

1983Opens Seoul representative office

1984Opens Beijing representative office

Acquires majority interest in Far Eastern Bank

1985Expands into Sydney and Xiamen

1986Expands into Vancouver

1987Acquires majority interest in Industrial & Commercial Bank

19881st local bank to launch Visa cards

1st bank to launch Singapore’s only credit card for ladies

19921st Singapore bank to set up office in Vietnam

Sets up Taipei representative office

19931st bank in Singapore to launch automated Cash Deposit Machine

1997UOB Malaysia merges with CKB Malaysia

1998Opens Shanghai branch

1999Acquires Westmont Bank in the Philippines

Acquires Radanasin Bank in Thailand

2001Acquires Overseas Union Bank

2004Acquires 96.1% in Bank of Asia Public Company in Thailand

2005Increases controlling stake of PT Bank Buana in Indonesia to 61.1%

2009Opens Mumbai branch

2010Merges PT Bank UOB Indonesia with PT Bank UOB Buana

20111st bank in Singapore to establish a Foreign Direct Investment Advisory Unit to support our clients’ regional expansion

20131st bank in Singapore to offer retail customers online access to gold and silver savings accounts

2014Named Most Admired ASEAN Enterprise for ASEAN Centricity by ASEAN Business Advisory Council

1st Asian bank to obtain a Eurex General Clearing Membership

Completes full acquisition of Far Eastern Bank

Officially opens Yangon branch, adding to UOB’s unparalleled Southeast Asian network

Introduces UOB Mighty – 1st mobile app outside of the US to enable contactless payments with tokenised security

1935 (1 October)UCB begins operations at Bonham building

1956Introduces coin banks for children

1958Drives 1st mobile branch

1959Opens 1st UCB branch at Beach Road

1975Opens London branch

1977Opens New York agency

1978UOB Bullion Limited commences operations and introduces Gold Certificates

1980Opens Singapore’s 1st ATM offering 24-hour banking

Opens Los Angeles agency

1974UOB Group begins operating from its new 30-storey building which stood on the same site as Bonham Building (the current UOB Plaza 2)

1982Holds inaugural UOB Painting of the Year competition

1994Expands into Yangon

1995Celebrates 60th anniversary and official opening of UOB Plaza 1

2007Launches 1st UOB Heartbeat Run/Walk

2015Receives Distinguished Patron of the Arts Award for 11th consecutive year and SG50 Arts Patron Award

Opens the UOB Southeast Asia Gallery at National Gallery Singapore which houses the world’s largest collection of modern Southeast Asian art

UOB is rated among the world’s top banks and has a global network of more than

500 branches and offices.

Source: Singapore Business Times © Singapore Press Holdings Limited. Reprinted with permission.

Our Story Over 80 Years

Since 1935, our entrepreneurial spirit, focus on long-term value creation, and unwavering commitment to do what is right for our customers, have made UOB a leading bank in Asia. Our timeline captures the corporate milestones of our 80-year history.

UOB turns 80

Our Beginning

4 | United Overseas Bank Limited AnnUAl RepORt 2015 United Overseas Bank Limited AnnUAl RepORt 2015 | 5