Retail uplift

UOB Malaysia's headquarters at Plaza UOB, Jalan Raja Laut, Kuala Lumpur

PETALING JAYA: The retail banking business of UOB Malaysia is expected to get a boost as it is set to account for almost half of the bank’s revenue over the next three years.

Managing director and country head of personal financial services (PFS) Ronnie Lim said the retail banking business contributes more than a third to UOB Malaysia’s revenue currently.“With the acquisition of Citi’s consumer banking business in Malaysia, we anticipate that the contribution will increase to almost 50% over the next three years.