UOB's Lee on Earnings Momentum

The transcript discusses the impact of net interest margins and economic conditions on financial performance, highlighting the benefits of rate hikes in the US and their effects on Singapore. It covers recent acquisitions in Thailand, Malaysia, Indonesia, and Vietnam, noting their minimal impact on current results but potential future benefits. Concerns about asset quality and provisions for non-performing loans are addressed, with a positive outlook on economic growth. Challenges in the wealth management sector due to high interest rates and market uncertainty are discussed, along with a cautious approach to future acquisitions.

What concerns are raised regarding asset quality in the context of economic uncertainty?

How does the wealth management business reflect the current market conditions?

What is the bank's stance on future acquisitions following the city acquisition?