UOB Malaysia named Malaysia's best bank by Global Finance magazine
By Nabiha Safian
KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) has been named Malaysia's Best Bank at the 32nd annual Global Finance World's Best Bank Awards 2025 – Asia Pacific.
The recognition by Global Finance magazine highlights the bank's substantial transformation, innovation, and growing influence across the Association of Southeast Asian Nations (ASEAN) region.
UOB Malaysia chief executive officer, Ng Wei Wei, said the award affirms the bank's purpose-driven leadership and progress.
"Over the past 3 years, we have been working relentlessly on the Bank's transformation and the recognition by Global Finance affirms UOB Malaysia's leadership as a progressive, purpose-driven bank that not only contributes to Malaysia's growth but also supports customers and communities across Malaysia and the wider ASEAN region.
"We are proud to be acknowledged for our strong financial performance, as well as our commitment to innovation, sustainability, service excellence and community stewardship," she added. Winners are selected based on a range of factors, including asset growth, profitability, geographic reach, innovation, and strategic partnerships, with input from financial experts worldwide. Over the past year, UOB Malaysia has expanded both its retail and wholesale banking. It integrated Citi's consumer banking business and boosted its digital capabilities through the UOB TMRW app. The bank is now one of Malaysia's largest credit card issuers and a leader in wealth management and home loans.
In wholesale banking, UOB has established itself in financial supply chain management (FDI) and regional connectivity. Its FDI advisory unit supports foreign investment in Malaysia and local expansion into ASEAN. It also played a key role in 2024 in initiatives like the Johor-Singapore Special Economic Zone. The bank's sustainable financing portfolio has tripled over the last two years, focusing on areas like smart cities, green buildings, and transition finance.
2021, UOB Malaysia has achieved carbon neutrality and received national and regional energy awards for its eco-friendly headquarters. Customer experience remains a top focus, with strong improvements in net promoter scores (NPS) reflecting its commitment to quality service, innovation, and client-centric solutions. With strengths in performance, digital innovation, sustainability, and regional engagement, UOB Malaysia continues to reinforce its leadership in the Malaysian and ASEAN banking sectors.
Source : uob-malaysia-named-malaysias-best-bank-global-finance-magazine
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