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UNITED Overseas Bank Limited (UOB) announced on Wednesday that it had entered into a merger agreement with its wholly-owned subsidiary, Far Eastern Bank Limited (FEB), with UOB being the surviving merged entity.
Feb 3, 2015 · Far Eastern Bank (Dalnevostochnyy bank) is one of the leading banks of the Far East and Eastern Siberia. The Bank is a part of Russian Regional Development Bank (RRDB). Rosneft Oil Company is the main shareholder and strategic partner of the RRDB.
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Aug 31, 2017 · Far Eastern Bank completes merger with UOB. It will be implemented on 01 October 2017. UOB announced the approval of its merger with its wholly-owned subsidiary Far Eastern Bank Limited (FEB). The merger will integrate FEB's operations and business into UOB.
Far East Bank was a bank in Hong Kong which has since merged into Bank of East Asia. Far East Bank was founded in 1959 by Mr. Deacon Chiu (邱德根), the founder of Far East Holdings. It started as a qianzhuang (native bank) in Tsuen Wan by collecting deposits from farmers.
Feb 13, 2024 · In the 1980s, UOB acquired Far Eastern Bank and Industrial and Commercial Bank. In 2001, UOB scored a major coup by acquiring Overseas Union Bank (OUB), then the fourth largest bank in Singapore, in a $10 billion cash-and-shares deal.
