SINGAPORE (Oct 17): United Overseas Bank is maintaining its guidance of mid-single-digit loan growth and mid- to high-single digit growth in fees in 2017, according to UOB KayHian.

In a Friday note, the research house says UOB’s loan growth will be supported by corporate loans and intra-regional trade and investments while fee income expansion is expected to be driven by wealth management, credit cards and fund management.

Cost-to-income ratio is expected to be at 46-47% while credit costs should hover around 32bp.

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