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UOB ( (SG:U11) ) has shared an announcement.
United Overseas Bank Limited has announced the pricing of its EUR850,000,000 2.718% Covered Bonds due in 2030, as part of its US$15 billion Global Covered Bond Programme. This issuance, managed by UOB along with BNP Paribas and other financial institutions, reflects the bank’s strategic efforts to strengthen its financial position and expand its funding sources, potentially enhancing its competitive stance in the global banking sector.
The most recent analyst rating on (SG:U11) stock is a Hold with a S$36.50 price target. To see the full list of analyst forecasts on UOB stock, see the SG:U11 Stock Forecast page.
More about UOB
United Overseas Bank Limited (UOB) is a prominent financial institution headquartered in Singapore, with a significant presence across various countries including Australia, China, Hong Kong, India, and the United Kingdom. UOB offers a wide range of financial services, including personal and corporate banking, investment banking, and asset management, focusing on serving both individual and institutional clients.
Average Trading Volume: 3,143,211
Technical Sentiment Signal: Buy
Current Market Cap: S$56B
For a thorough assessment of U11 stock, go to TipRanks’ Stock Analysis page.