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OUB
United Overseas Bank Limited (), often known as UOB, is a Singaporean regional bank headquartered at Raffles Place, Singapore, with branches mostly found in Southeast Asia countries. It is one of the three "big local banks" in the country, the other two being DBS Bank and Oversea-Chinese Banking Corporation (OCBC). First Founded during the Great Depression in 1935 as United Chinese Bank (UCB) by a group of Hoklo businessmen including Sarawak-born Wee Kheng Chiang, the bank operated from a single branch bank in rented premises of Bonham Building, located in Boat Quay, close to the Singapore River. It was principally engaged in short-term loans to a segment of local businessmen, to be precise, Hokkien Chinese businessmen in Singapore. UOB is the third largest bank in Southeast Asia by total assets. The bank provides personal financial services, commercial banking, private banking and asset management services, as well as corporate finance, venture capital and insurance servic ...
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UOB Plaza
, image = At Singapore 2023 106.jpg , image_caption = UOB Plaza in 2023 , alternate_names = United Overseas Bank Plaza , location = Downtown Core, Singapore , coordinates = , start_date = Plaza One: 1992 , completion_date = Plaza One: 1995Plaza Two: 1973 , building_type = Commercial offices , antenna_spire = , roof = Plaza One: Plaza Two: , top_floor = , floor_count = Plaza One: 62 Plaza Two: 38 , elevator_count = , cost = , floor_area = Plaza One: , architect = Kenzo Tange AssociatesArchitects 61Architects Team 3 , structural_engineer = Arup , main_contractor = Nishimatsu Construction Lum Chang JV , developer = United Overseas Bank , owner = United Overseas Bank , management = United Overseas Bank Property Management , references = , mapframe-zoom = 14 United Overseas Bank Plaza (UOB Plaza) is a commercial complex that ...
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Raffles Place
Raffles Place is the centre of the Financial District of Singapore and is located south of the mouth of the Singapore River. It was first planned and developed in the 1820s as Commercial Square to serve as the hub of the commercial zone of Singapore in Raffles Town Plan. It was renamed Raffles Place in 1858 and is now the site of a number of major banks. It is located in the Downtown Core within the Central Area, and features some of the tallest buildings and landmarks of the country. History Beginning The founder of modern Singapore, Sir Stamford Raffles, intended Singapore to become a "great commercial emporium". As part of his plan, he gave instructions in 1822 that a commercial area to be created on the southwest side of the Singapore River. The Garrison Engineer Lieutenant R.N. Philip Jackson, was tasked with drawing up a Town Plan based on Raffles' instructions. This commercial area was centered on Commercial Square, and was developed from 1823 to 1824. A small ...
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OCBC Bank
Oversea-Chinese Banking Corporation Limited (), abbreviated as OCBC, is a Singapore, Singaporean multinational corporation, multinational Bank, banking and financial services corporation headquartered at the OCBC Centre. It operates through subsidiaries in several countries, primarily in the South East Asian region. OCBC has total assets of Singapore dollar, S$581 billion at the end of 2023, making it the List of largest banks in Southeast Asia, second largest bank in Southeast Asia by assets. It is also one of the world’s most highly-Credit rating, rated banks, with an Aa1 rating from Moody’s and AA− rating from Standard & Poor's. OCBC is consistently ranked amongst the top three "safest banks in the world" by the magazine ''Global Finance (magazine), Global Finance''. The Asian Banker named OCBC as Singapore's strongest bank for 2018–2019, and the 5th strongest in the Asia–Pacific region. The bank's global network has grown to comprise more than 400 branches and re ...
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Asset Management
Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). Theory of asset management primarily deals with the periodic matter of improving, maintaining or in other circumstances assuring the economic and capital value of an asset over time. The term is commonly used in engineering, the business world, and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. The term has traditionally ...
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Private Banking
Private banking is a general description for banking, investment and other financial services provided by banks and financial institutions primarily serving high-net-worth individuals (HNWIs) – those with very high income or substantial assets. Private banking is presented by those who provide such services as an exclusive subset of wealth management services, provided to particularly affluent clients. The term "private" refers to customer service rendered on a more personal basis than in mass-market retail banking, usually provided via dedicated bank advisers. It has typically consisted of banking services (deposit taking and payments), discretionary asset management, brokerage, limited tax advisory services and some basic concierge services, typically offered through a gateway provided by a single designated relationship manager. History Banking originated in provision of some services of what is now seen as "private" banking. Early Venetian banks provided personal fin ...
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Commercial Bank
A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit. It can also refer to a bank or a division of a larger bank that deals with wholesale banking to corporations or large or middle-sized businesses, to differentiate from retail banks and investment banks. Commercial banks include private sector banks and public sector banks. However, central banks function differently from commercial banks, despite a common misconception known as the "bank analogy". Unlike commercial banks, central banks are not primarily focused on generating profits and cannot become insolvent in the same way as commercial banks in a fiat currency system. History The name ''bank'' derives from the Italian word ''banco'' 'desk/bench', used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of ...
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Personal Financial Management
Personal financial management refers to "ways" or "methods" of managing ones own personal finances. It is also known by its acronym, PFM, which refers to the type of software used for personal finance apps. Simply put, PFM refers to software that helps users manage their money. PFM often lets users categorize transactions and add accounts from multiple institutions into a single view. PFM also typically includes data visualizations such as spending trends, budgets and net worth. History PFM started in 1983 with the founding of Intuit. Scott Cook and Tom Proulx, the company’s founders, witnessed the rise of the personal computer and saw an opportunity to develop personal financial software. Their flagship product, Quicken, became a standard for many households and was eventually followed by QuickBooks, which helped small businesses manage their finances. Around the same time, a similar competing product introduced by MECA Software, conceived by MECA President Gerald Rubin, an ...
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List Of Largest Banks In Southeast Asia
A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but lists are frequently written down on paper, or maintained electronically. Lists are "most frequently a tool", and "one does not ''read'' but only ''uses'' a list: one looks up the relevant information in it, but usually does not need to deal with it as a whole".Lucie Doležalová,The Potential and Limitations of Studying Lists, in Lucie Doležalová, ed., ''The Charm of a List: From the Sumerians to Computerised Data Processing'' (2009). Purpose It has been observed that, with a few exceptions, "the scholarship on lists remains fragmented". David Wallechinsky, a co-author of '' The Book of Lists'', described the attraction of lists as being "because we live in an era of overstimulation, especially in terms of information, and lists help us ...
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Prime Minister's Office (Singapore)
The Prime Minister's Office (PMO; ; zh, 总理公署; ) is the executive branch of the Government of Singapore responsible for overseeing the other ministries and political matters that are of great importance to the nation, such as tackling corruption and holding elections. It is headed by the prime minister and other appointed ministers. The PMO is located in The Istana, which is also the official residence and office of the President of Singapore. In Singapore, a Member of Parliament (MP) appointed as 'Minister in the Prime Minister's Office' was previously known as 'Minister without Portfolio', an official cabinet appointment title under the Westminster parliamentary system. Statutory boards The PMO oversees 14 statutory boards;https://www.sgdi.gov.sg/ministries/pmo * Corrupt Practices Investigation Bureau (CPIB) * Monetary Authority of Singapore (MAS) * Civil Service College (CSC) * Elections Department Singapore (ELD) * Public Service Division (PSD) See also ...
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Singaporean Hokkien
Singaporean Hokkien; Tâi-lô: ; zh, poj=''Sin-ka-pho Hok-kiàn-ōe'' is a local variety of the Hokkien language spoken natively in Singapore. Within Chinese linguistic academic circles, this dialect is known as Singaporean Ban-lam Gu. Tâi-lô: It bears similarities with the Amoy dialect, Amoy spoken in Amoy, now better known as Xiamen, as well as Taiwanese Hokkien which is spoken in Taiwan. Hokkien is the Southern Min, Min Nan pronunciation for the province of Fujian, and is generally the term used by the Chinese people, Chinese in Southeast Asia to refer to the 'Banlam' dialect. Singaporean Hokkien generally views Amoy as its prestige dialect, and its accent is predominantly based on a mixture of Quanzhou dialect, Quanzhou and Zhangzhou dialect, Zhangzhou speech, with a greater inclination towards the former. Like many spoken languages in Singapore, Singaporean Hokkien is influenced by other languages or dialects spoken in Singapore. For instance, Singaporean Hokkien is ...
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Singapore River
The Singapore River is a river that flows parallel to Alexandra Road and feeds into the Marina Reservoir in the southern part of Singapore. The immediate upper drainage basin, watershed of the Singapore River is known as the Singapore River Planning Area, although the western part of the watershed is classified under the River Valley, Singapore, River Valley planning area. Singapore River planning area sits within Singapore's Central Area, Singapore, Central Area of the Central Region, Singapore, Central Region, as defined by the Urban Redevelopment Authority. The planning area shares boundaries with the following – River Valley, Singapore, River Valley and Museum Planning Area, Museum to the north, Tanglin and Bukit Merah to the west, Outram, Singapore, Outram to the south, and the Downtown Core to the east. The planning area is split into the three Wharf, wharfs or quays in the area, Robertson Quay being the largest and most upstream, followed by Clarke Quay and Boat Quay. S ...
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Boat Quay
Boat Quay is a historical quay in Singapore which is situated upstream from the mouth of the Singapore River on its southern bank. It spans from the shophouses near UOB Plaza, stretching along one bank of the Singapore River, all the way till Elgin Bridge. It was the busiest part of the old Port of Singapore, handling three-quarters of all shipping business during the 1860s. Because the south of the river here resembles the belly of a carp, which according to Chinese belief is where wealth and prosperity lay, many shophouses were built, crowded into the area. Though serving aquatic trade is no longer Boat Quay's primary role, the shophouses on it have been carefully conserved and now house various bars, pubs and restaurants. Therefore, Boat Quay's social-economic role in the city has shifted away from that of trade and maritime commerce, and now leans towards more of a role accommodated for tourism and aesthetics for the commercial zone of which encloses the Singapore River. ...
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