BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
United Overseas Bank Limited is a multinational banking organisation headquartered in
A
USA
B
France
C
China
D
Singapore
Explanation: 

Detailed explanation-1: -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. UOB is rated among the world’s top banks and has a global network of more than 500 branches and offices.

Detailed explanation-2: -Company Background. United Overseas Bank (UOB) is one of Singapore’s top three banking groups, but the smallest in terms of assets. It was founded in 1935 by the Wee family, which owns a 17% share. CEO and Deputy Chairman Wee Ee Cheong is the third generation of Wees to run the bank.

Detailed explanation-3: -United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America.

Detailed explanation-4: -United Overseas Bank Limited has 63 branches in Singapore.

There is 1 question to complete.