Written by: Lynn Look
Wednesday 17 Feb 2016
UOB - FY15 Final Results
The least vulnerable to current oil price carnage
UOB’s FY15 results were within our expectations. 2015 was a difficult year with loans growth falling to mid-single digit but NIMs rose due to firming SOR and SIBOR which rose in anticipation of the FED Funds rate hike during the year.
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