UOB Q4 profit drops 6%, better than expected, on lower total provisions

SINGAPORE – United Overseas Bank … and the S$730.2 million forecast in a Bloomberg survey. UOB’s net profit for the three months to Dec 31, 2016, came in at S$739 million from S$788 million a year ago, as revenue slipped 2.5 per cent to S$2.03 billion.
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