UOB Annual Report 2002 - United Overseas Bank

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Our International Network UOB Xiamen Branch United Overseas Bank Building Unit 01-01 19 Hubin Bei Road Xiamen 361012 Telephone: (86)(592) 508 1601/2/3/4 Facsimile: (86)(592) 508 1605 Telex: 923079 UOBXM CN Email: UOB.Xiamen@UOBgroup.com General Manager: Soh Ek Chor UOB Chengdu Representative Office Holiday Inn Crowne Plaza, Room 405 31 Zong Fu Street Chengdu Sichuan 610016 Telephone: (86)(28) 8674 8618 Facsimile: (86)(28) 8674 8638 Chief Representative: John Ang Wee Pheng Hong Kong S.A.R. UOB Central Branch Ground Floor 54-58 Des Voeux Road Central Telephone: (852) 2842 5666 Facsimile: (852) 2537 7890 Telex: 74581 TYHUA HX SWIFT: UOVBHKHH Email: UOB.HongKong@UOBgroup.com Chief Executive Officer: Robert Chan Tze Leung Deputy Chief Executive Officer: Chow Yew Hon UOB Hong Kong Main Branch Edinburgh Tower, 5/F 15 Queen's Road Central Telephone: (852) 2521 1521/ 2910 8888 Facsimile: (852) 2810 5506 Telex: 74581 TYHUA HX SWIFT: UOVBHKHH Email: UOB.HongKong@UOBgroup.com Chief Executive Officer: Robert Chan Tze Leung Deputy Chief Executive Officer: Chow Yew Hon UOB Landmark Branch Gloucester Tower Suite 2504-2506, 25/F The Landmark 11 Pedder Street Central Telephone: (852) 2532 6888 Facsimile: (852) 2530 9666 Email: UOB.HongKong@UOBgroup.com Chief Executive Officer: Robert Chan Tze Leung Deputy Chief Executive Officer: Chow Yew Hon UOB Mongkok Branch 794 Nathan Road Ground Floor Kowloon Telephone: (852) 2381 2292 Facsimile: (852) 2397 4564 Email: UOB.HongKong@UOBgroup.com Chief Executive Officer: Robert Chan Tze Leung Deputy Chief Executive Officer: Chow Yew Hon UOB Sheung Wan Branch Cosco Tower Units 1607-1614, 16/F 183 Queen's Road Central Telephone: (852) 2910 8833 Facsimile: (852) 2810 5773/2537 7653 Email: UOB.HongKong@UOBgroup.com Chief Executive Officer: Robert Chan Tze Leung Deputy Chief Executive Officer: Chow Yew Hon Indonesia UOB Jakarta Representative Office Menara BCD, 2nd Floor Jalan Jend. Sudirman Kav. 26 Jakarta 12920 Telephone: (62)(21) 250 6382 Facsimile: (62)(21) 250 6379 Chief Representative: Utami Dewi Suhadi (Ms) PT Bank UOB Indonesia (a subsidiary) Menara BCD, 1st-3rd Floor Jalan Jend. Sudirman Kav. 26 Jakarta 12920 Telephone: (62)(21) 250 6330 Facsimile: (62)(21) 250 6331 Telex: 60418 UOB IA SWIFT: UOBBIDJA Email: UOB.Jakarta@UOBgroup.com President Director: Chua Kim Hay Deputy President Director: James Lim Tian Pher PT Bank UOB Indonesia has 8 branches in Indonesia. Japan UOB Tokyo Branch Shin Kokusai Building, 3-4-1 Marunouchi, Chiyoda-ku Tokyo 100-0005 Telephone: (81)(3) 3216 4251 Facsimile: (81)(3) 3216 4254 Cable: TYEHUABANK Telex: J22178 TYEHUA J SWIFT: UOVBJPJT Email: UOB.Tokyo@UOBgroup.com General Manager: Seah Kok Thye Malaysia UOB Labuan Branch Level 6A, Main Office Tower Financial Park Labuan Complex Jalan Merdeka 87000 Labuan F T Telephone: (60)(87) 424 388 Facsimile: (60)(87) 424 389 Telex: MA 85096 TYEHUA Email: uoblbn@tm.net.my General Manager: Ho Fong Kun (Ms) 180
United Overseas Bank (Malaysia) Bhd (a wholly-owned subsidiary) Menara UOB Jalan Raja Laut P O Box 11212 50738 Kuala Lumpur Telephone: (60)(3) 2692 7722 Facsimile: (60)(3) 2691 0281 Cable: BANKUOBM KUALA LUMPUR Telex: UOBMMP MA 31877 SWIFT: UOVBMYKL Email: uob121@uob.com.my Managing Director & Chief Executive: Francis Lee Chin Yong United Overseas Bank (Malaysia) Bhd has 37 branches in Malaysia. Myanmar UOB Yangon Representative Office 48 Aung Teza Street, 6th Ward High Land Avenue Mayangone Township Yangon Telephone: (95)(1) 667 818 Facsimile: (95)(1) 544 126 Email: UOB.Yangon@UOBgroup.com Representative: U Hla Thaung Philippines United Overseas Bank Philippines (a subsidiary) Pacific Star Building 17th Floor Sen. Gil Puyat corner Makati Avenue Makati City Telephone: (63)(2) 878 8686 Facsimile: (63)(2) 811 5917 SWIFT: UOVBPHMM Email: info@uob.com.ph President & Chief Executive Officer: Chua Teng Hui Deputy President & Deputy Chief Executive Officer: Wang Lian Khee United Overseas Bank Philippines has 67 branches in the Philippines. South Korea UOB Seoul Branch Suite 1508, Kyobo Building 1, 1-Ka Chongro, Chongro-ku Seoul 110-714 Telephone: (82)(2) 739 3916/9 Facsimile: (82)(2) 730 9570 Telex: K28978 TYEHUA Email: UOB.Seoul@UOBgroup.com General Manager: Liew Chan Harn Taiwan UOB Taipei Branch Union Enterprise Plaza, 10th Floor 109 Minsheng East Road Section 3 Taipei 105 Telephone: (886)(2) 2715 0125 Facsimile: (886)(2) 2713 7456 Telex: 26147 TYEHUA Email: UOB.Taipei@UOBgroup.com General Manager: Teh Wee Jin Thailand UOB Bangkok International Banking Facility UOB Radanasin Bank Building 10th Floor 690 Sukhumvit Road Klongton, Klongtoey Bangkok 10110 Telephone: (66)(2) 259 6220/1 Facsimile: (66)(2) 259 4470 Email: uobbkk@cscoms.com General Manager: Dr Ratsuvon Pidpayon UOB Radanasin Bank Public Company Limited (a subsidiary) UOB Radanasin Bank Building 690 Sukhumvit Road Klongton, Klongtoey Bangkok 10110 Telephone: (66)(2) 260 0090 to 119 Facsimile: (66)(2) 260 5310/1 Telex: 20820 UOBRTH SWIFT: RSBXTHBK Website: www.uob-radanasin.co.th Chief Executive Officer: Gan Hui Beng UOB Radanasin Bank Public Company Limited has 36 branches in Thailand. United Kingdom UOB London Branch 19 Great Winchester Street London EC2N 2BH Telephone: (44)(207) 628 3504 Facsimile: (44)(207) 628 3433 Cable: TYEHUABANK Telex: 8954292 TYEHUA G SWIFT: UOVBGB2L Email: UOB.London@UOBgroup.com General Manager: George Lim Phoon Seng United States of America UOB New York Agency UOB Building 592 Fifth Avenue 10th Floor, 48th Street New York, NY 10036 Telephone: (1)(212) 382 0088 Facsimile: (1)(212) 382 1881 Cable: TYEHUABANK NEW YORK Telex: 232265 TYEHUA SWIFT: UOVBUS33 Email: UOB.NewYork@UOBgroup.com Agent & General Manager: Wong Kwong Yew UNITED OVERSEAS BANK 181
Page 1 and 2:
ANNUAL REPORT 2002 United for Growt
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Our Mission To be a premier bank in
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Performance in Brief Profit For The
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Profit growth was derived mainly fr
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Financial Highlights Group Assets 2
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Group Return On Average Shareholder
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Corporate Information Honorary Life
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Left to right: Koh Beng Seng, Ngiam
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Left to right: Tan Kok Quan, Prof L
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Mr Francis Lee Chin Yong Managing D
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The Bank has a budget for directors
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independent and non-executive direc
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work of each of the banking subsidi
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Risk Management Credit and Country
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The composition of loans and advanc
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Group Non-Performing Loans (NPLs) a
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Group NPLs and Cumulative Provision
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Group Specific Provision by Region
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Collateral Types The majority of th
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Exposure to the Five Regional Count
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Cross-Border Exposure to the Five R
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Complementing the static analysis i
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Sources of Deposits The Group has a
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The VaR calculations are performed
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Group Daily VaR Distribution for 20
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As part of the Group's comprehensiv
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The celebratory light-up linking UO
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services so as to meet the increasi
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Our subsidiary, UOB Asset Managemen
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Grow our services In line with the
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exercise, achieved well ahead of th
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processes in place that will suppor
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Group Financial Review Review of Fi
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Group Profits The Group achieved a
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Analysis of Changes in Net Interest
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Cost Savings from Integration The G
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Overview of Balance Sheet Assets Mi
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Gross Customer Loans Analysed by Cu
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Capital Adequacy Ratios The Capital
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Directors’ Report for the financi
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In addition, the following subsidia
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Arrangements to Enable Directors to
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Ability to Meet Obligations No cont
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Share Options of the Bank (a) From
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(d) (e) (f) No options have been gr
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Statement by Directors for the fina
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Income Statements for the financial
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The Group The Bank Note 2002 2001 2
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The Group 2001 Non- Share of Share
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The Bank 2001 Non- Share Share Dist
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Notes to the Financial Statements f
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(e) Investments (i) Singapore Gover
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(k) Derivative Financial Instrument
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4 Interest Expense The Group The Ba
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(c) Equity Compensation Benefits Op
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11 Directors’ Fees and Other Remu
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14 Tax (a) The tax charge to the in
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2002 2001 Fair Value of Depreciable
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Deferred tax assets and liabilities
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18 Non-Distributable Reserves (a) T
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19 Revenue Reserves (a) The Group 2
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(c) The interim dividend paid in sp
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23 Debts Issued The Group The Bank
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(b) Included in other government tr
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(c) Total gross trade bills and adv
Page 131 and 132: 29 Other Assets The Group The Bank
Page 133 and 134: 32 Investments in Subsidiaries (a)
Page 135 and 136: 33 Movements in the Provisions for
Page 137 and 138: 34 Fixed Assets (a) The Group 2002
Page 139 and 140: (e) Certain freehold and leasehold
Page 141 and 142: 39 Derivative Financial Instruments
Page 143 and 144: (c) Derivative financial instrument
Page 145 and 146: The Group - 2001 Individual Institu
Page 147 and 148: (b) Secondary Reporting Format - Ge
Page 149 and 150: Discussions on the main financial r
Page 151 and 152: The Group - 2002 Hong Singapore US
Page 153 and 154: Other foreign exchange exposures of
Page 155 and 156: The Group - 2002 Non- Over 7 Over O
Page 157 and 158: The Group - 2001 Non- Over 7 Over O
Page 159 and 160: The Group - 2002 Over 7 Over Over O
Page 161 and 162: The Group - 2001 Over 7 Over Over O
Page 163 and 164: Where quoted and observable market
Page 165 and 166: Percentage of Paid-Up Capital Held
Page 171 and 172: Investor Reference Financial Highli
Page 173 and 174: 1998 1997 1996 1995 1994 1993 1992
Page 175 and 176: 1998 1997 1996 1995 1994 1993 1992
Page 177 and 178: Statistics of Shareholdings as at 1
Page 179 and 180: Changes in Share Capital The follow
Page 181: Our International Network Banking S
Page 185 and 186: UOB Venture Management (Shanghai) C
Page 187 and 188: Notes to Resolutions 4, 6, 7, 8, 9,
Page 189: Notes: 1 Please insert the number o
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UOB Annual Report 2002 - United Overseas Bank

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