Singapore’s UOB Group posted a strong start to 2021 with its Q1 net income increasing 18% from a year ago to $1.01 billion. Income also increased 11% on a quarterly basis to $2.5 billion, which is around pre-Covid levels. Lim Siew Khee, Head of Research, CGS-CIMB shares what’s behind this strong start, and whether it will be sustained.

<p>Singapore&rsquo;s UOB Group posted a strong start to 2021 with its Q1 net income increasing 18% from a year ago to $1.01 billion. Income also increased 11% on a quarterly basis to $2.5 billion, which is around pre-Covid levels. <strong>Lim Siew Khee, Head of Research, CGS-CIMB </strong>shares what&rsquo;s behind this strong start, and whether it will be sustained.</p>

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