Santander UK and UOB launch their UK-ASEAN corridor to facilitate new business opportunities

Santander UK and United Overseas Bank (UOB) celebrated the official launch of their joint UK-ASEAN corridor on 15th November, in the presence of Santander CEO Nathan Bostock and the British High Commissioner, H.E. Mr. Scott Wightman.

Santander UK and United Overseas Bank (UOB) celebrated the official launch of their joint UK-ASEAN corridor on 15th November, in the presence of Santander CEO Nathan Bostock and the British High Commissioner, H.E. Mr. Scott Wightman.

 

 

Held at Eden Hall, the British High Commissioner’s residence in Singapore, this corridor initiative is based on an integrated business ecosystem of bank and non-bank partners, facilitated jointly by Santander and UOB, which enables businesses to identify growth opportunities in the ASEAN and UK markets. In this way, the Santander-UOB partnership makes an important contribution to systematically and proactively facilitating trade and investment flows between the UK and South East Asia.

 

 

To celebrate this partnership, Santander UK and UOB jointly hosted a panel discussion that showcased the sector expertise of both banks in the retail market. Organised by the British Chamber of Commerce in Singapore, the panel distilled insights from an impressive line-up of sector experts, including the Managing Directors of Santander’s Product and International Business, John Carroll, and the UOB Sector Solutions Group, Jimmy Koh. These were coupled with insights from key business ecosystem partners such as IE Singapore and a number of successful businesses operating in Singapore. This mix allowed for creating active learning environment based on sharing best practices, challenges and opportunities such as supply chain management, with a spin-off on digital channels. The panel discussion was followed by a B2B networking reception that afforded UK, Singaporean and international companies the opportunity to discuss directly with sector experts on a 1-2-1 basis and exchange lessons learnt with their peers.

 

“For both Santander UK and UOB, linking up different partners together will be a major enabler for achieving our common objective of increased connectivity for businesses in the UK-ASEAN corridor. This vision of creating an integrated and exclusive business ecosystem can only be achieved by teaming up with like-minded bank and non-bank partners.”

 

Going forward, this corridor launch marks a key milestone in the joint ambitions of Santander UK and UOB to become the leading globally connected banks for SMEs and mid-market companies.

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