<\/p>\n
Net interest income eased 2% YoY in a lower interest rate environment.\u00a0<\/span><\/p>\n UOB Group\u2019s net profit rose 10% year-on-year (YoY) to $1.5b in the second quarter of the year (Q2).\u00a0<\/span><\/p>\n The bank said net interest income eased 2% from the previous year due to lower interest rates pressuring margins, despite a 5% increase in loans and active balance sheet management.<\/p>\n Meanwhile, net fee income rose 5% to $665m, led by record wealth management fees, partially offset by weaker loan-related fees from capital market activities.<\/p>\n The group\u2019s non-performing loan ratio stood at 1.6%, whilst credit costs for the quarter were 28 basis points.<\/p>\n For the first half (H1), net profit increased 3% from a year earlier.<\/p>\n Transaction banking accounted for close to half of total wholesale banking income in H1. Trade loans rose 33% YoY, whilst current and savings account balances increased 9%.<\/p>\n Across Malaysia, Indonesia, Thailand, and Vietnam, trade loans grew 14%, and CASA balances rose 9% from a year earlier. Cross-border income accounted for 28% of total wholesale banking income during the period.<\/p>\n Wealth management income for the first half also increased 16%, supported by growth in assets under management and a higher conversion of customer deposits into invested assets.<\/p>\n UOB Deputy Chairman and CEO Wee Ee Cheong said the bank sees opportunities to expand its wealth business and capture more cross-border trade and investment flows across ASEAN.<\/p>\n The group declared an interim dividend of 88 cents per ordinary share, representing a payout ratio of about 50%.<\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" Net interest income eased 2% YoY in a lower interest rate environment.\u00a0 UOB Group\u2019s net profit rose 10% year-on-year (YoY) to $1.5b in the second quarter of the year (Q2).\u00a0 The bank said net interest income eased 2% from the previous year due to lower interest rates pressuring margins, despite a 5% increase in loans…<\/p>\n","protected":false},"author":1,"featured_media":6560,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/08\/UOB-9.jpeg",584,438,false],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/08\/UOB-9-463x348.jpeg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/08\/UOB-9-300x225.jpeg",300,225,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/08\/UOB-9.jpeg",584,438,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/6559","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=6559"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/6559\/revisions"}],"predecessor-version":[{"id":6561,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/6559\/revisions\/6561"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/6560"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=6559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=6559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=6559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}