UOB Is “Flush With Cash”

Posted on by Algomasters.com
🇸🇬 🇸🇬 UOB ‘very flush’ with liquidity; CRO notes importance of prudent business model for long-term survival
In response to shareholder queries on the lender’s ability to weather bank runs, Chan said he would not disclose the amount of UOB’s liquidity buffer, but assured that it had “a lot of excess liquidity” and that its capital ratios were well above regulatory levels
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Published by Algomasters.com

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