\u201cWe are committed to achieving sustainable and stable growth that creates long-term value across our Group. Our prudent and disciplined approach to banking is guided by our values of honour, enterprise, unity and commitment,\u201d says Christine Ip, Managing Director and Chief Executive Officer of UOB Hong Kong. <\/span><\/p>\n \u201cMacroeconomic conditions will remain challenging in 2016, driven by a combination of several factors \u2013 continued volatility in commodities pricing and impacted companies in oil and gas, shipping and other related industries; uncertainties caused by lower rates of growth in China and Western markets; and continued political risks in the Middle West. While the resulting impact on trade and investment flows will affect companies in Asia in 2016, we remain confident of the long-term fundamentals and opportunities in the region,\u201d says Ip.<\/span><\/p>\n \u201cAsia is projected to account for a quarter of global consumption and more than 60 per cent of the world\u2019s trade by 2020. The expanding consumer base in ASEAN countries and Greater China will present clients with opportunities for growth that outpace other parts of the world. In addition, free trade and open market initiatives such as the ASEAN Economic Community, Belt and Road (OBOR), Trans-Pacific Partnership (TPP) and Regional Comprehensive Economic Partnership will continue to influence and drive our clients\u2019 investments in the region.\u201d<\/span><\/p>\n \u201cTo support the long-term growth aspirations of our clients and our shareholders, we will continue to invest in enhancing our product offerings and network coverage capabilities to deliver innovative solutions across the region. Key areas include cash management, financial supply chain management and in our partnership with Global Markets product teams. In addition, we will build on the strengths of our Commercial Banking, Corporate Banking and Financial Institutions teams as we enhance our onshore coverage of key markets such as Greater China.\u201d<\/span><\/p>\n \u201cWith demand for Renminbi (RMB) financial solutions intensifying in tandem with China\u2019s rising economic influence as the world\u2019s largest trading nation, we will continue to strengthen our RMB capabilities to support our clients. Our RMB Solutions team is closely attuned to the business impact and opportunities arising from the internationalisation of the RMB and apply this knowledge to meeting our clients\u2019 RMB needs in cash management, trade finance, foreign exchange, investment and hedging. Hong Kong, in addition to its role as product hub for Greater China, also acts as a RMB solution hub for the Group and lead Greater China business development.\u201d<\/span><\/p>\nGrowth Prospects <\/span><\/h3>\n
Value-Added <\/span><\/h3>\n
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