Singapore’s big lenders tend to dominate banking for small and medium-sized enterprises in Asia, and this year is no exception, with UOB beating its domestic rivals to this award.
UOB has long been a powerhouse in SME banking, delivering high-end services to corporates not just in Singapore but across southeast Asia. A key area of growth in recent years has been delivering a full range of services, from transaction banking to payments and treasury, to fast-growing mainland Chinese corporates with ambitions in the Association of southeast Asian Nations (Asean) region.
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