UOB

Lawrence Goh to take on head of group technology and operations with Susan Hwee to become new head of group retail, replacing retiring Eddie Khoo who is joining UOB Vietnam as a senior adviser.

The deal was the first public Tier 2 sukuk transaction in the Malaysian market issued by a foreign-owned bank.

The $930 million facility has been arranged against the firm’s real estate portfolio, marking the largest loan of its kind to Australia’s logistics and industrial sector.

The landmark sustainability-linked facility caters to heightened interest in ESG investment opportunities across Asia's private sector.

In 2022, UOB agreed to acquire Citi’s Vietnam business as part of a larger deal that also includes Malaysia, Thailand and Indonesia. Meanwhile, the bank’s India consumer business will transfer to domestic lender, Axis Bank.

The return of this flagship monthly FA feature sees the editorial team highlight noteworthy capital market transactions from the past six months.

The fund offers exposure to Southeast Asia-headquartered start-ups via the digital exchange, with commitments starting from $20,000.

The bank forges ahead with its strategic divestiture from consumer banking in 14 markets.