United Overseas Bank (UOB) is a leading bank in Asia with a global network of over 500 branches and offices in 19 countries and territories in Asia-Pacific, Europe, and North America. As of 31 December 2021, UOB has total assets of S$459 billion. In terms of total assets, the bank is the third largest in Southeast Asia. UOB currently offers commercial and corporate banking services, personal services, private banking, and asset management services, as well as corporate finance, venture capital, investment, and insurance. I attended UOB’s 2022 AGM to learn more about how the pandemic impacted UOB’s performance, and the management’s outlook amid a rising interest rate environment. Here are eight things I learned from the 2022 UOB AGM. 1. Net profit after tax increased 40% year-on-year to S$4.1 billion in FY2021 from S$2.9 billion in FY2020. This was driven by stronger income growth and lower credit allowance as Singapore and regional economies gradually recovered. Correspondingly, return on equity increased 2.8 percentage points to 10.2% for FY2021....