Fitch Rates UOB's Basel III Tier 2 Subordinated Notes 'A+(EXP)'

Fitch Ratings has assigned Singapore-based United Overseas Bank Limited’s (UOB) proposed Singapore dollar-denominated Basel III-compliant Tier 2 subordinated notes an expected rating of ‘A+(EXP)’. The notes will be issued under the bank’s SGD15bn Euro …
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