Friday, 14 June 2024

Best Foreign Retail Bank is UOB Thailand

5 min read

By The Asian Banker

This bank’s comprehensive approach, including cross-selling, portfolio optimisation, wealth management, digital transformation, and partnerships, have achieved tremendous growth.   

The acquisition of Citibank’s retail banking businesses in Thailand added $2 billion to its revenue, expanding its customer base to 2.3 million and tripling its unsecured loan business.  

Today, it stands as the sixth-largest retail bank and third-largest credit card provider in the country, with doubled revenue in the retail banking business expected.  

For its strategic vision and transformative efforts, the award for Best Foreign Retail Bank goes to UOB Thailand. 

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