The Singapore-headquartered United Overseas Bank (UOB) has won the ‘World’s Best Bank for SMEs’ award at the Euromoney Global Awards for Excellence 2021 based on its deep regional connectivity, expertise, and continued support of SMEs to expedite post-pandemic recovery and growth. Euromoney Editor Louise Bowman said that besides providing innovative digital services to help SMEs financially, UOB has also introduced an SME solution with bundled accounting, payroll, and other HR functionalities to enable small businesses to manage the logistical side of operations. In June this year, UOB was named the ‘Best SME Bank in Singapore and Asia Pacific’ at The Asian Banker’s Excellence in Retail Financial Services International Awards.
