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 sets up dedicated teams in Singapore, Malaysia to support SMEs
The two teams will comprise 25 experienced bankers.
Singapore banks a ‘safe haven’ from US market volatility
UOB, OCBC, and DBS have low earnings downside risk and offer attractive dividends.
DINKs lag behind parents on financial wellness
58% of DINKs have not started making financial plans for their retirement.
OCBC’s Q3 2024 net profit rises 9% to $1.50b
Operating expenses rose 9% to $1.11b.
OCBC taps LTA for blockchain payment pilot in construction projects
Over S$22m has been disbursed under the pilot.
OCBC demonstrates intraday institutional lending capabilities
It made use of reverse repos on J.P. Morgan’s Digitial Financing app.
CapitaLand Dev't bags green loans worth $600m
The funds will be allocated for general corporate purposes.
Great Eastern gets more time from SGX to restore public float
It has until January 2025 to meet the listing requirement.
ABS, Singapore anti-ML group unveil new practice paper to enhance audits
Banks in Singapore are expected to review their audit practices against the paper.
OCBC teams up with Disneyto boost new customer growth in SEA
The collaboration will kick off in Singapore with the soft launch of the OCBC MyOwn Account.
SMEs across most industries continue to grow in Q3, except ICT
Overall, SME performance improved to 50.8 from 50.2 in the OCBC index.
Bank of Singapore winds down Luxembourg operations
It has pivoted its focus on deepening its UK presence and has named a new general manager.
OCBC to set up new hub, partner with SIT in $500m Punggol investment
It plans to complete the hub in Q1 2027.
Singaporean banks roll out face verification for digital token setup
It is expected to make it harder for scammers to take over a customer’s DT.
OCBC to offer digital accounts, debit cards for kids and teens
Kids and teens aged 7-15 years old can open their own digital bank accounts.
Proposed bill lets police block bank transactions in ongoing scams
The bill does not cover traditional cheating cases involving in-person interactions.
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Commentary
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When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
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From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
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