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KM Financial Solutions | UPDATE 1-Singapore bank UOB’s Q1 profit falls to 2-yr low, raises impairment charges
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UPDATE 1-Singapore bank UOB’s Q1 profit falls to 2-yr low, raises impairment charges

04 May UPDATE 1-Singapore bank UOB’s Q1 profit falls to 2-yr low, raises impairment charges

Posted at 23:55h in News by
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Singapore’s United Overseas
Bank reported a smaller-than-expected 19% drop in
first-quarter net profit on Wednesday, but it increased
impairment charges to reflect worsening economic conditions due
to the coronavirus outbreak.

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