General Announcement::Licence from State Bank of Vietnam to establish a Foreign-Owned Subsidiary Bank

Issuer & Securities

Issuer/ Manager
UNITED OVERSEAS BANK LIMITED
Securities
UNITED OVERSEAS BANK LTD - SG1M31001969 - U11
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
02-Oct-2017 17:45:52
Status
New
Announcement Sub Title
Licence from State Bank of Vietnam to establish a Foreign-Owned Subsidiary Bank
Announcement Reference
SG171002OTHR0ET6
Submitted By (Co./ Ind. Name)
Joyce Sia
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Further to its announcements on 23 March 2017 and 20 July 2017, United Overseas Bank Limited is pleased to announce that it has received licence from the State Bank of Vietnam to establish a foreign-owned subsidiary bank in Vietnam. The subsidiary bank will be named United Overseas Bank (Vietnam) Limited.