Business Story

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About UOB

UOB is a leading bank in Asia with a global network of around 500 branches and offices across 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and offices across the region.

In 1935, amid the economic uncertainties following the Great Depression, UOB opened its doors to provide banking services for the merchant community in Singapore.

Since then, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world's top banks: 'Aa1' by Moody's Investors Service and 'AA-' by both S&P Global Ratings and Fitch Ratings.

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

UOB provides a wide range of financial services globally through our three core business segments – Group Retail, Group Wholesale Banking and Group Global Markets. Our offering includes consumer banking, private banking, commercial banking, transaction banking, investment banking and treasury services. Through our subsidiaries, we also provide asset management, private equity fund management and insurance services among others.

About UOB 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 Renminbi (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 interbank 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 the first market makers do execute direct trading between the RMB and the Thai Baht. The Bank also successfully priced its three-year onshore RMB financial bond through the China interbank market and the Bond Connect scheme (BCS), which is the first onshore financial bond issued by a Southeast Asian bank through the BCS. In 2019, UOB China became the first Southeast Asia-headquartered bank to be a member of the Shanghai Futures Exchange and the first foreign bank to be a Fixing Member for the Shanghai Silver Benchmark Price. UOB China also became one of the first foreign bank members of the Cross-border RMB Trade Finance Trading Platform in 2020. In 2021, the Bank is approved to be one of the first direct market makers for RMB and Indonesia Rupiah. These achievements have enabled us to widen our product and service offering to our customers operating in China.

UOB Group increased the registered capital of UOB China by RMB2.5 billion in 2015 followed by another capital injection of RMB2 billion in 2021. UOB China's current registered capital is RMB7.5 billion and the Bank is rated 'A+' with a stable outlook by Fitch Ratings and 'AAA' with a stable outlook by China Cheng Xin International.

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 China is steadfast in our support of social development, particularly in the areas of art, children and education.

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

The Triple A Awards 2021 - Treasury, Trade Supply Chain and Risk Management - The Asset
  • Best Banks in China - Best Service Provider in Risk Management
  • Best Supply Chain Solution
  • Best Liquidity and Investments Solution
  • Best Trade Finance Solution
  • Best Structured Trade Finance Solution
The Asian Banker China Awards 2021 - The Asian Banker
  • Banker’s Choice Awards – Best Financial Supply Chain Management in China
China Foreign Exchange Trade System 2021
  • Best Renminbi Foreign Exchange Member
  • Best Renminbi Foreign Exchange Swap Member
2021 China Financial Value Ranking - Yicai Media Group
  • Best Foreign Bank for Innovation in Business
2021 SHFE Standard Warehouse Warrant Trading System - Shanghai Futures Exchange
  • Best Trading Member
Retail Banking Leader Forum 2021 - Shine Consultant
  • The Best Annual Award for Outstanding Experience of Retail Banking
Shanghai Commercial Paper Exchange 2021
  • Outstanding Financial Institution for Cross-Border Trade Financing
2021 China Best Employer Award – Zhaopin.com
  • Outstanding Campus Recruitment Award
2021 Summit Forum on Corporate Social Responsibility in China – China Business Journal
  • Most Innovative Case in Sustainability
2021 “ESG Pioneer 60” – Shanghai Media Group and Jiemian
  • Best Corporate Social Responsibility (CSR) Company of the Year
2021 China Best Employer Award – Zhaopin.com
  • Top 100 China Best Employers
  • Best Employers for Female Employees
The 11th China Philanthropy Festival - syobserve.com
  • The Most Innovative CSR Company
  • Best CSR Programme of the Year - 'Forging a Sustainable Future for Art Education'
2020 China Financial Value Ranking - Yicai Media Group
  • Foreign Bank of the Year for Cross-border Financial Services
The Triple A Awards 2020 - Treasury, Trade Supply Chain and Risk Management - The Asset
  • Best Banks in China - Best Service Provider in Liquidity Management
  • Best Liquidity and Investments Solutions
  • Best Payments and Collections Solutions
The Asian Banker China Awards 2020 - The Asian Banker
  • Banker’s Choice Awards – Best Financial Supply Chain Management in China
Adam Smith Awards Asia 2020 - Treasury Today
  • Best Liquidity Management Solution - Highly Recommended
2020 Shanghai Financial Innovation Awards - Shanghai Municipal People’s Government
  • Third prize - ASEAN Currency One-stop Service
2020 SHFE standard warehouse warrant trading system - Shanghai Futures Exchange
  • Best trading member
2020 Shanghai Futures Exchange
  • Best progress award
2020 Structured Retail Products (SRP) China Awards - SRP, a part of Euromoney Institutional Investor PLC
  • Best international House (Onshore)
  • Best Distributor, Non-Domestic Bank
  • Best Performance, Non-Domestic Bank
2020 Pioneer Financial Institution Awards - International Financial News
  • Pioneer Retail Bank
Global Asset Allocation Awards 2020 - China Decision Makers Consultancy (CDMC) Group and CDMC Institute
  • Outstanding Award for Customer Service of Global Asset Allocation
Advanced Unit Award Recognition for the Shanghai Municipal Clearing System - People’s Bank of China Shanghai
2020 China Best Employer Awards -Zhaopin.com
  • Top 100 China Best Employers
  • Best Employers for Female Employees
Excellence China Awards 2020 - 51job.com
  • 100 Employer Excellence of China
  • Excellence in Digital HR Management Practices
Work Different Awards 2020 - Liepin.com
  • Extraordinary Transformation Employer Award (Eastern China)
2020 Excellence Awards for Corporate Social Responsibility - Shanghai Daily
  • Excellence Award in Innovation
Excellent Finance Awards - Shanghai United Media Group, Jiemian
  • Foreign Bank of the Year
2019 China Financial Value Ranking - Yicai Media Group
  • Financial Institution of the Year for the Belt and Road Initiative
2019 The Most Trusted Financial Institutions by Zhejiang Entrepreneurs - Zhe Shang
  • The most trusted foreign bank for the Belt and Road Initiative
The Triple A Awards 2019, Treasury, Trade Supply Chain and Risk Management - The Asset
  • Best Supply Chain solutions (Kohler case and Shell case)
  • Best Service Provider – Distribution Finance
Advanced Unit Award Recognition for the Shanghai Municipal Clearing System - People’s Bank of China Shanghai
First Prize Award for Technology Article on Cloud Computing- People’s Bank of China, Shanghai
China Retail Banking Innovation Summit 2019
  • Best Consumer Digital Banking Award
IFPI Asia-Pacific Retail Banking Summit 2019
  • Best Retail Digital Banking Brand
2019 China Best Employer Awards - Zhaopin.com
  • Top 100 China Best Employers
  • Best Employers for female employees
Excellence China Awards 2019- 51job.com
  • 100 Employer Excellence of China
  • Excellence in Organisational Innovation
Work Different Awards 2019 – liepin.com
  • Different Geek Employer (Shanghai)
2019 Shanghai Public Welfare Selection
  • Top 10 Public Welfare Partner Company
Philanthropy Innovation Summit 2019
  • Amity Foundation Partnership Award
2019 Yicai Foundation CSR Awards
  • Annual partnership award
2019 Shanghai Banking Associations Annual Award
  • Best Public Relations Case awards of Shanghai Banking Industry
China Financial Value Ranking 2018 - Yicai Media Group
  • Financial Institution of the Year for the Belt and Road Initiative (BRI)
New Silkroad Finance Awards 2018– Asiamoney
  • Best Regional Bank for Belt and Road Initiative in Southeast Asia
Adam Smith Awards Asia 2018 - Treasury Today
  • Best Cash Management Solution -Highly Recommended
2018 Top Financial Ranking – The Paper
  • Foreign Bank of the Year
Private Banking, Wealth Management, Investment and ETF Awards -The Asset
  • China’s Best Wealth Manager – Rising Star
2018 Pioneer Financial Institution Awards – International Financial News
  • Best Retail Bank
2018 Shanghai Banking Associations Annual Award
  • Best Public Relations Case awards of Shanghai Banking Industry
2018 Yicai CSR Awards
  • Sustainable CSR partnership award
2018 Lujiazui Annual Charity Award
  • Best Charitable Contribution Award
HRoot Awards 2018
  • Best HR Center of Excellence in Greater China
TOP Graduate Employers 2018 – 51job.com
  • Top Graduate Employers China
China Best Employer Award 2018 - Zhaopin.com
  • China’s Best Employer Nationwide Top100 Award
Employer Excellence China 2018 - 51job.com
  • Excellence in HR Management Strategy
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 corporate

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

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

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