Investor Presentaiton
Exposure to oil and gas sector
Total Outstanding O&G Loans
(SGD b)
11.8
10.8
3.3
2.1
4.4
4.8
3.7
4.3
Jun-18
☐
☐
Mar-21
■Upstream industries
Downstream industries
■ Oil traders
|||| UOB
As of 31 March 2021, oil and gas (O&G) loans represented 4.0%
of total loans as compared with 4.7% at 30 June 2018
Around 80% of O&G exposure is to downstream players and
traders, which are mainly national oil companies (NOCs) and
global firms, while short-term structured loans account for a
significant share of the remainder
A considerable portion of upstream exposure is to NOCs and
international oil companies, while vulnerable accounts were
already classified and their collateral value marked down (by as
much as 90%) by end-2017
1. O&G upstream industries include offshore service companies
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