Singapore's UOB targets 'region of rising wealth' in overseas push

Personalized marketing key to reaching ASEAN's young rich, CFO Lee says

20241122 UOB

Lee Wai Fai, group chief financial officer at Singaporean bank UOB, speaks during an interview in Kuala Lumpur. (Photo by Norman Goh)

FUMIKA SATO, Nikkei staff writer

SINGAPORE -- Southeast Asia's growing wealth is a huge growth opportunity for United Overseas Bank as it expands its retail business in markets like Malaysia and Thailand, according to the Singaporean bank's chief financial officer.

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