Jump to content

UOB to buy Citigroup's consumer business in 4 countries for about S$4.9 billion


Recommended Posts

UOB to buy Citigroup's consumer business in 4 countries for about S$4.9 billion

 

Firdaus Hamzah

14 Jan 2022 11:07AM (Updated: 14 Jan 2022 05:41PM)

 

SINGAPORE: United Overseas Bank (UOB) said on Friday (Jan 14) that it has agreed to buy Citigroup’s consumer banking businesses in Indonesia, Malaysia, Thailand and Vietnam for about S$4.915 billion.

 

The proposed acquisition includes Citigroup's unsecured and secured lending portfolios, wealth management and retail deposit businesses in the four countries.

 

Read more: https://www.channelnewsasia.com/business/uob-buy-citigroup-consumer-businesses-4-countries-2434911

 

Edited by Puccini
Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...