UOB partners Lazada for enhanced payments and financial services in Southeast Asia

Singaporean multinational banking group United Overseas Bank Limited (UOB) and international e-commerce company Lazada Group have entered a Memorandum of Understanding (MOU) to collaborate on retail products and banking solutions for their combined customer base in five key Southeast Asian markets, namely Singapore, Malaysia, Indonesia, Thailand and…

UOB, SGX-backed ADDX collaborate on $36.8M sustainability-linked digital bond

UOB was appointed as a joint lead manager for the S$675-million ($496.56 million) sustainability-linked bond issued by Sembcorp, through its wholly-owned subsidiary Sembcorp Financial Services. The bank partnered with ADDX to custodise and manage a S$50-million ($36.78 million) portion of the bond.