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UOB Annual Report 2021

Innovating for a Sustainable Tomorrow

The Day After Tomorrow
Wong Yee Heng
Chinese ink on rice paper
70 x 140 cm
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Deputy Chairman
and CEO’s Report

“We believe in the people and potential of ASEAN. It is our home and we know first-hand the resilience, strength and abilities our businesses and communities possess to build a better tomorrow for all.”
Wee Ee Cheong
Deputy Chairman and
Chief Executive Officer
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Where We Operate

~500

branches and offices in Asia Pacific, Europe and North America
Asia
Canada
3
USA
3
UK
1
France
1
Australia
2

Asia

Brunei
2
Hong Kong
3
India
2
Indonesia
152
Japan
2
Mainland China
21
Malaysia
49
Myanmar
2
Philippines
1
Singapore
73
South Korea
1
Taiwan
2
Thailand
150
Vietnam
6

2021 UOB Financial Highlights

Net Profit

$

4.1

billion

+40%
Operating Profit

$

5.5

billion

+10%
Gross Customer Loans

$

311

billion

+10%
Customer Deposit

$

353

billion

+9%
Total Assets

$

459

billion

+6%
Non-Performing Loan Ratio

1.6

%

unchanged
Net Stable Funding Ratio

116

%

-9%
Common Equity Tier 1 Ratio

13.5

%

-1.2% pt
Lumpini Park, Bangkok, Thailand

Financial Highlights

  • Net profit after tax
    ($ million)
    Return on equity
    (%)

    Net Profit After Tax and Return on Equity

  • Net Interest income
    ($ million)
    Net Interest margin
    (%)

    Net Interest Income and Margin

  • Loan/Trade-related income
    ($ million)
    Wealth management income
    ($ million)
    Net credit card income
    ($ million)
    Other income
    ($ million)
    Net fee/Total income ratio (%)

    Net Fee Commission Income

  • Customer-related income
    ($ million)
    Other income
    ($ million)
    Customer-related
    income/Trading and investment income
    ratio (%)

    Trading and Investment Income

  • Staff costs
    ($ million)
    Other expenses
    ($ million)
    Cost/Income ratio
    (%)

    Operating Expenses

  • Allowances on
    impaired loans
    ($ million)
    Allowance on
    non-impaired loans
    ($ million)
    Total credit costs
    (bps)
    Credit costs on
    impaired loans
    (bps)

    Impairment Charge on Loans

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