UOB's net profit up 8% to $3.2b in FY14
Driven by broad-based growth.
UOB today reported that its net profit grew 8% to a new high of $3.2b in FY2014, driven by growth in both its net interest and non-interest income.
The group's net interest income incrased 10.6% to $4.6b in FY14, while fee and commission income inched up 1.1% to $1.7b. Other non-interest income jumped 32.3% to $1.2b.
UOB has proposed a final dividend of 50 cents per share and special dividend of 5 cents.