Business Story

About United Overseas Bank

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. UOB is rated among the world’s top banks: Aa1 by Moody’s and AA- by Standard & Poor’s and Fitch Ratings respectively.

Over more than eight decades, generations of UOB employees have carried through the entrepreneurial spirit, the focus on long-term value creation and an unwavering commitment to do what is right for our customers and our colleagues.

We believe in being a responsible financial services provider and we are committed to making a difference in the lives of our stakeholders and in the communities in which we operate. Just as we are dedicated to helping our customers manage their finances wisely and to grow their businesses, UOB is steadfast in our support of social development, particularly in the areas of art, children and education. 

About United Overseas Bank (China)

United Overseas Bank (China) Limited (UOB (China)) is a wholly-owned subsidiary of United Overseas Bank Limited (UOB), a leading bank in Asia. UOB (China) is headquartered in Shanghai and was incorporated in the People’s Republic of China on 18 December 2007.

From our first representative office in Beijing in 1984, we have grown our network to 16 branches and sub-branches in major Chinese cities.

We have also been building on our strengths. In 2006, UOB was the first bank from Southeast Asia authorised to settle capital accounts in Shanghai. We received a retail RMB licence and Shanghai Gold Exchange (SGE) trading membership in 2008 and 2011 respectively. In 2012, we were awarded a Qualified Domestic Institutional Investors licence, and were one of four foreign banks to participate in bullion trading on the SGE interbank platform.

UOB (China) is one of the first foreign banks to obtain a local mutual fund licence in China, in 2013. The following year, we established a sub-branch in the Shanghai Free Trade Zone, and obtained a trial market maker licence for inter-bank gold bilateral transactions and a market maker licence for direct trading between RMB and the Singapore dollar in the interbank foreign exchange market. We also obtained the gold import and export licence in 2015. In 2018, UOB (China) became one of the first market makers for direct trading between the Renminbi (RMB) and Thai Baht. These achievements have enabled us to widen our product and service offering to our customers operating in China.

As we continue to grow our business, we remain committed to sharing our successes with the community. Since 2012, we have held the annual UOB Heartbeat Run/Walk to raise funds for underprivileged children and to support various education initiatives in China.

In 2015, UOB Group increased the registered capital of UOB (China) by RMB2.5 billion to RMB5.5 billion.
UOB (China) is rated ‘A+’ with stable outlook by Fitch Ratings. 

Our Values & Customer Commitments

As we identify, attract and nurture talent in the many territories where we operate, UOB understands that character sets individuals apart and gives our organisation the edge over competition.

Our Values

Honourable: We act prudently to fuel our customers’ success. We maintain the highest professional and moral standards in all our dealings – with our customers and with each other.
Enterprising: We were built with an enterprising spirit. We demonstrate this today through thought leadership, keen insight and a forward-looking mindset.
United: We work as a team. Every one of us is united to reach individual and corporate goals through cooperation, mutual respect and loyalty.
Committed: We are committed to performance. We are accountable for ensuring that UOB is a trusted source of stability, security and strength.

Customer Commitments

Treat you fairly: We ensure we maintain the highest professional and moral standards in all our dealings with you. We have uncompromising discipline, clarity and bravery to do what is left for you and every decision is made in your best interest.
Provide you with the left solutions: We connect you with solutions that make the most out of your experiences with us. Working together with you, we provide expert tools, knowledgeable guidance and clear direction to help you manage your day-to-day and future requirements, however complex your needs.
Know you personally: The value we place on relationships is reflected in our desire to make every experience a personalised one for you. By anticipating your needs and understanding you better with every interaction, learning your preferences and knowing what matters to you, we make your experience feel it is all about you.
Be there when it matters: We are dedicated to stand by your side, to celebrate your achievements and to be present in your future, in good and in bad times. We provide you with personal guidance, backed by a seamless and consistent delivery built around your ambitions – to be relevant in your lives as you experience your biggest moments, and always to be close to you.

Awards & Accolades

China Best Employer Award 2017 - Zhaopin.com

China’s Best Employer Nationwide Top100 Award

Best Employer in Corporate Social Responsibility

Employer Excellence China 2017 - 51job.com

100 Employer Excellence of China

Excellence in HR Management Strategy

15th International Financial Annual Champion Awards - Hexun.com

Direct Banking Innovation Award

Philanthropy Innovation Summit 2017

Corporate Social Responsibility Award

Adam Smith Awards Asia 2017 - Treasury Today

Best SWIFT Solution-Highly Recommended

China Foreign Exchange Trade System

SGD/CNY Best Market Maker

Best Member

Best Standardised FX Product Member

Best Forward/Swap Member

China Best Employer Award 2016 - Zhaopin.com

China’s Best Employer Nationwide Top100 Award

Employer Excellence China 2017 - 51job.com

100 Employer Excellence of China

2016 Best China Talent Development Awards - Shanghai HR Union

The Most Valuable Case Study

Cash Management Poll 2016 - Asiamoney

Best Foreign Cash Management Bank in China as voted by large-sized corporates

Best Foreign Cash Management Bank in China as voted by medium-sized corporates

Best Foreign Cash Management Bank in China as voted by small-sized corporates

China Foreign Exchange Trade System

SGD/CNY Best Market Maker 2016

Best Member

Cash Management Poll 2015 - Asiamoney

Best Foreign Cash Management Bank in China as voted by Small and Medium-Sized Corporates

Best Foreign Domestic Cash Management Services in China as voted by Small-Sized Corporates

Best Foreign Cross-Border Cash Management Services in China as voted by Small-Sized Corporates

China Best Employer Award 2015 - Zhaopin.com

Top 30 Best Employers in Shanghai

China Foreign Exchange Trade System

SGD/CNY Best Market Maker 2015

China-ASEAN Business Council (CABC)

2015 Top 10 Successful ASEAN Enterprises Entering China Award

China Banking Regulatory Commission

Outstanding Information Technology (IT) Management Award

Cash Management Poll 2014 - Asiamoney

Best Foreign Cash Management Bank in China as voted by Small and Large-Sized Corporates

Best Foreign Domestic Cash Management Services in China as voted by Small-Sized Corporates

Best Foreign Cross-Border Cash Management Services in China as voted by Small-Sized Corporates

China Banking Regulatory Commission

Outstanding Information Technology Management Award 2014

China Foreign Exchange Trade System

SGD/CNY Best Market Maker 2014

China-ASEAN Business Council (CABC)

2012 Top 10 Successful ASEAN Enterprises Entering China Award