UOB Thailand

Key details

• Parent: assets
• Launch: 1999

Overview

UOB Thailand is Thai commercial banking subsidiary of United Overseas Bank UOB Singaporean parent SGX: U11 + UOB Singaporean parent ~99%+ controlling + one of Thailand's largest foreign-owned commercial banks by assets + founded 1999 in Bangkok Thailand as Bank of Asia UOB then 2005 UOB Thailand rebrand + Nov 1 2022 Citibank Thailand consumer banking acquisition [1, th-cro].

History

1999 — UOB Singaporean parent acquires Bank of Asia Thailand consolidating into UOB Thai commercial banking subsidiary.

2005 — UOB Thailand rebrand consolidating Bank of Asia UOB.

Nov 1 2022 — UOB Thailand Citibank Thailand consumer banking acquisition completed consolidating Citibank Thailand consumer banking into UOB Thailand distinctive Thai-Singaporean banking consolidation.

2014 — UOB TMRW Mobile banking app launch.

Ownership & operator

Operating entity: United Overseas Bank Thailand dba UOB Thailand (Thai commercial banking subsidiary of United Overseas Bank UOB Singaporean parent).

Major shareholders: United Overseas Bank UOB (SGX: U11; Singaporean parent) ~99%+ controlling.

Regulators: Bank of Thailand BOT + Monetary Authority of Singapore MAS via UOB parent.

Technical integration

UOB TMRW Mobile app (iOS + Android) + uob.co.th online + UOB Thailand branch network across Thailand + UOB Visa + Mastercard + JCB + UnionPay cards; PromptPay (Thai national instant payments) + Thai QR Payment (Thai national QR payment scheme) + UnionPay QRC + Thai Baht THB domestic transfers.

Implementations & partners

Parent group: [[uob]] (United Overseas Bank UOB; SGX: U11; Singaporean commercial bank; one of Singapore's three largest commercial banks by assets).

Major Thai banking + payments competitors: [[bangkok-bank]] (Bangkok Bank; SET: BBL) + [[kasikorn-bank]] (Kasikornbank KBank; SET: KBANK) + [[siam-commercial-bank]] (Siam Commercial Bank SCB; SET: SCB) + [[krungthai-bank]] (Krung Thai Bank KTB; SET: KTB) + [[krungsri]] (Bank of Ayudhya Krungsri; SET: BAY) + [[ttb-bank]] (TMBThanachart Bank ttb; SET: TTB) + [[cimb-thai]] (CIMB Thai; CIMB Bank Malaysia parent) + [[promptpay-th]] (PromptPay; Thai national instant payments).

Regulators: Bank of Thailand BOT + Monetary Authority of Singapore MAS via UOB parent.

Status

Active, Thai commercial banking subsidiary of United Overseas Bank UOB Singaporean parent SGX:U11 + UOB Singaporean parent ~99%+ controlling + one of Thailand's largest foreign-owned commercial banks by assets + founded 1999 in Bangkok Thailand as Bank of Asia UOB then 2005 UOB Thailand rebrand + Nov 1 2022 Citibank Thailand consumer banking acquisition [1, 2].

Sources

• 1 UOB Thailand — official
• 2 UOB Thailand — via UOB — Wikipedia
• th-cro In-corpus: reports/countries/TH-thailand.md

Source

Biography extracted from uob-thailand.md. See matrix.md for standards-support matrix if present.