Singapore’s United Overseas Bank Q1 net profit falls 19%
Singapore’s United Overseas
Bank reported a smaller-than-expected 19% drop in
first-quarter net profit, but it increased impairment charges in
a worsening macro economic environment due to the coronavirus
outbreak.
Bank reported a smaller-than-expected 19% drop in
first-quarter net profit, but it increased impairment charges in
a worsening macro economic environment due to the coronavirus
outbreak.
Posted by Reuters
