{"id":2255,"date":"2024-08-08T08:32:23","date_gmt":"2024-08-08T05:32:23","guid":{"rendered":"https:\/\/relinvestmentsgroup.com\/?p=2255"},"modified":"2024-08-08T08:32:23","modified_gmt":"2024-08-08T05:32:23","slug":"pribyl-uob-za-2-kvartal-vyrosla-na-1-do-1-43-mlrd-singapurskih-dollarov-1-08-mlrd-dollarov-ssha","status":"publish","type":"post","link":"https:\/\/relinvestmentsgroup.com\/en\/pribyl-uob-za-2-kvartal-vyrosla-na-1-do-1-43-mlrd-singapurskih-dollarov-1-08-mlrd-dollarov-ssha\/","title":{"rendered":"UOB Q2 profit rises 1% to S$ 1.43b(US$ 1,08 billion)"},"content":{"rendered":"<p><\/p>\n<p class=\"p1\">Excluding one-off expenses incurred in the acquisition of Citigroup\u2019s consumer banking businesses, Q2 profit would have been S$ 1.49 billion(US$ 1,12 billion).<\/p>\n<p class=\"p1\">UOB\u2019s net profit for its second quarter rose due to double-digit fee income growth and lower credit allowances, it said.<\/p>\n<p class=\"p1\">Net profit for the three months ended Jun 30, 2024, stood at S$ 1.43 billion(US$ 1,08 billion), a 1 per cent increase from S$ 1.42 billion(US$ 1,07 billion) the previous year.<\/p>\n<p class=\"p1\">UOB\u2019s net profit for its second quarter rose due to double-digit fee income growth and lower credit allowances.<\/p>\n<p class=\"p1\">Net profit for the three months ended Jun 30, 2024, stood at S$ 1.43 billion(US$ 1,08 billion), a 1 per cent increase from S$ 1.42 billion(US$ 1,07 billion) the previous year.<\/p>\n<p class=\"p1\">Other non-interest income was down 21 per cent to S$ 457 million(US$ 344,36million), as swap gains and valuation on investments fell, even as customer-related treasury income strengthened.<\/p>\n<p class=\"p1\">The bank\u2019s non-performing loans ratio was 1.5 per cent, down 0.1 percentage point from the same period a year earlier.<\/p>\n<p class=\"p1\">Total allowances fell by 26 per cent to S$ 395 million(US$ 297,64 million) for the half year. The bank attributed this to lower specific and general allowances made as asset quality stabilised.<\/p>\n<p class=\"p1\">UOB chief executive Wee Ee Cheong said that the bank has observed positive trends across its businesses.<\/p>\n<p class=\"p1\">He noted that asset quality remains resilient, while the bank\u2019s balance sheet remains strong with healthy levels of capital and funding.<\/p>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>Excluding one-off expenses incurred in the acquisition of Citigroup\u2019s consumer banking businesses, Q2 profit would have been S$ 1.49 billion(US$ 1,12 billion). UOB\u2019s net profit for its second quarter rose due to double-digit fee income growth and lower credit allowances, it said. Net profit for the three months ended Jun 30, 2024, stood at S$ [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/08\/UOB-12-1140x445.jpeg",1140,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/08\/UOB-12-463x348.jpeg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/08\/UOB-12-300x200.jpeg",300,200,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/08\/UOB-12.jpeg",1240,826,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=2255"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2255\/revisions"}],"predecessor-version":[{"id":2257,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2255\/revisions\/2257"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/2256"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=2255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=2255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=2255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}