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UOB CEO ‘cautiously optimistic’ on 2024; Q1 profit down 1.6% to S$1.49 billion

by Riah Marton
in Technology
UOB CEO ‘cautiously optimistic’ on 2024; Q1 profit down 1.6% to S.49 billion
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UOB chief executive Wee Ee Cheong is “cautiously optimistic” on the bank’s outlook for 2024 given the growth potential in South-east Asia, even as higher-for-longer interest rates and a stronger US dollar may weigh on demand.

Tags: BillionCautiouslyCEOOptimisticProfitS1.49UOB
Riah Marton

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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