OCBC Bank

OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912.
See below for the Latest OCBC Bank News, Analysis, Profit Results, Share Price Information, and Commentary. 

Chart of the Day: OCBC has the leanest cost structure amongst banks in 2017

Its cost-to-income ratio of 42.3% is lower than those of its peers.

Chart of the Day: OCBC has the leanest cost structure amongst banks in 2017

Its cost-to-income ratio of 42.3% is lower than those of its peers.

OCBC private banking arm to hire 20 relationship managers in Dubai

It's looking to manage the finances of the wealthy in India and the Middle East.

DBS, OCBC and UOB join unified QR Code platform

The platform will be able to accept payments from customers using the various banks’ payment apps.

OCBC acquires National Australian Bank's private wealth business in Hong Kong

The move seeks to boost the bank’s mortgage and deposit books.

It's automatic: Robots assist OCBC operations

The two work in the secured lending and finance teams.

DBS lags OCBC and UOB in profitability

It cut its coverage ratio for nonperforming loans to 83%.

OCBC taps AI to fight financial crime

It will use a programme with an algorithm to identify and reduce alerts of suspicious financial activity.

OCBC launches face recognition in banking apps

Over 120,000 mobile banking app users are expected to use the new technology.

OCBC's asset quality remains under threat

Exposure to oil & gas sector estimated at 6%.

OCBC's bad loans to hit 1.4% in 2016

Profits may grow 3% on O&M woes.

OCBC's nonperforming assets soar 34% to $2.59b

It was mostly driven by loans to oil and gas firms.

OCBC's Q3 net profit jumps 5% to $943m

The improvements came from wealth management, insurance, and Indonesia.

OCBC mulls divesting stake in engineering services firm

But it is still reviewing strategic options.

OCBC raises Pay Anyone fund transfer limit to $1,000

Security token and recipient’s bank account are also no longer required.