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.
OCBC reports record net profit of S$3.59b in H1; H1 dividend at 40 cents
The dividend is 43% or 12 cents higher than in H1 2022.
OCBC reports record net profit of S$3.59b in H1; H1 dividend at 40 cents
The dividend is 43% or 12 cents higher than in H1 2022.
OCBC, UnionPay bolster cross-boundary digital payment feature
Customers can make payments from their OCBC accounts of up to S$1,000 daily.
Daily Markets Briefing: STI up 0.64%; Keppel Corp is top stock
Keppel Corp closed with a 2.53% decrease.
Incumbent banks unlikely to take hit by neobanks' deposit cap raise: Fitch
Digital banks could face challenges beyond funding.
GuocoLand bags $498.6m funding for Lentor Gardens site development
It secured funding from DBS Bank and OCBC.
OCBC, Ascenda to offer more transfer options for rewards currencies
It is now available to OCBC customers holding Travel$, Voyage Miles and OCBC$ rewards balances.
Frasers Centrepoint Trust bags $419m green loan, carbon credits from OCBC
The loan will be used to accelerate Tampines 1’s journey to carbon neutrality amongst others.
OCBC unifies branding, renames Hong Kong and Macau subsidiaries
OCBC Wing Hang has been renamed as OCBC Bank (Hong Kong).
Daily Markets Briefing: STI up 0.06%
Yangzijiang Shipbuilding was the top active stock for 28 June 2023.
MAS unveils open-source toolkit for responsible AI-use in finance
It was supported by the collaborative effort of the association of 31 industry players.
OCBC unveils digital account opening for foreigners moving to SG
Individuals from Malaysia, Indonesia, mainland China, and Hong Kong can avail of the service.
MAS fines 4 entities S$3.8m for failures in anti-money laundering controls
DBS and OCBC are fined S$2.6m and S$600,000, respectively.
OCBC buys more Great Eastern shares for S$39.9m
OCBC now owns 88.4% of its subsidiary’s shares.
OCBC to remain strong and stable through 2024: Moody’s
Asset quality and nonperforming loans will likely remain between 1% to 1.5% in 2023-2024.
OCBC Bank, ADDX to issue tokenised equity-linked notes
The 3-month fixed notes linked to the shares of a US tech company.
Singapore banks deliver strong earnings growth in Q1
OCBC outperformed with a net interest margin expansion of 75bp YoY.
OCBC prices A$1b senior floating rate green notes
The bank will issue the notes through its Sydney Branch.
Commentary
Gen Z pop culture is key to financial literacy in Southeast Asia