Tuesday, 17 December 2024
Best Regional Retail Business in Asia Pacific go to UOB
5 min read
The winning bank’s acquisition of Citibank also significantly accelerated its ASEAN consumer business growth by doubling its retail customer base and achieving targets five years early, resulting in a 58% increase in retail revenue.
This strategic move expanded its presence across Malaysia, Indonesia, Thailand, and Vietnam, strengthening its market position and regional strategy. It also enabled the bank to explore new cross-selling avenues and offer a broader range of wealth solutions, card, and loan products, further supported by an expanded partnership ecosystem and loyalty programmes, marking a significant step in its regional expansion.
In recognition of its efforts, the Best Regional Retail Business in Asia Pacific go to UOB.
