Friday 29 Mar 2024
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SINGAPORE (Aug 3): UOB Group reported 2Q18 earnings rose to a new high of S$1.08 billion, 28% higher compared to the same quarter last year and higher than the average estimate of S$993.9 million from two analysts, according to Thomson Reuters.

This also brings earnings for 1H18 to a new high of S$2.05 billion, up 24% from a year ago.

In 2Q18 ended June, net interest income grew 14% to S$1.54 billion, supported by loan growth of 10% and an improvement in net interest margin by 8 basis points to 1.83%... (Click here to read the full story)

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