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. 

Will the Evergrande debt crisis affect SG banks?

A Jefferies report said Singapore banks have enough buffers.

Olam, Frencken lead most traded stocks rally in August

DBS, Singtel, and OCBC are the most traded stocks for the first eight months of the year.

Daily briefing: SG mulls business travel next month; SG lags in green practices: report

And the Ministry of Health granted $225,000 payout to vaccinated people who suffered side effects.

DBS hits all-time high stock price of $31.47

This is the first time a stock traded above $31 per unit for one session.

Singapore banks push ahead to post-pandemic era

Significant loan book exposure in China is helping them recover faster than their regional peers.

OCBC issues A$500m senior floating green notes at 0.26% rate

The notes will be issued in its Sydney, Australia branch.

OCBC net profit soars by 86% to $2.6b in first half

The net profit growth was driven by a robust banking and insurance performance.

GuocoLand, OCBC, Doxa to develop digital platform for dev’t projects transactions

This will be ready by October and will be piloted through Meyer Mansion.

Market Update: STI up 1.08%

Singtel, Keppel Corp, and OCBC Bank led the Straits Times Index on 29 July.

MAS lifts dividend cap on local banks, financial companies

Local financial firms are expected to remain resilient even should the economy slip into a recession again.

June CPI remains elevated at 2.4% YoY

MAS upgraded its 2021 official headline CPI from 0.5%-1.5% YoY to 1%-2% YoY.

Retail, F&B, services sectors appeal for aid to weather second Phase 2(HA)

These sectors have been greatly affected by the 16-month “roller coaster” of tightening and loosening restrictions.

OCBC enables Singaporeans to directly view, pay tax in digital bank platform

Customers have the option to pay their tax balances in full or partially.

Experts upgrade exports forecasts amidst high June figures

June exports surged to 15.9% year-on-year, nearly doubling May’s figures.

SMEs post sharp recovery in the second quarter

The OCBC SME Index shoots by 8.3 points to 59.5 as small and medium-sized enterprises gain momentum.