UOB Group acquires Citigroup�s consumer business in four ASEAN markets

Theasianbankersg20 Jan, 2022Other

UOB Group has announced its acquisition of Citigroup?s consumer franchise in 4 markets which are Indonesia, Malaysia, Thailand, and Vietnam. The new acquisition comprises Citi?s unsecured and secured lending portfolios, wealth management and retail deposit businesses. Here are all the things that you need to learn about this new acquisition.