ROE target of 14% is ‘decent’ for UOB: CEO Wee Ee Cheong

ROE target of 14% is ‘decent’ for UOB: CEO Wee Ee Cheong

April 18, 2024 / Riah Marton /


UOB’S target to achieve a return on equity (ROE) of 14 per cent is “decent”, said UOB group chief executive and deputy chairman Wee Ee Cheong.

UOB – Singapore’s third-largest bank – achieved a core ROE of 14.2 per cent for its financial year ended 2024, up 2.3 percentage points from a year ago.

Looking ahead, UOB is targeting an ROE …

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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