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.
MAS partners with banks, tech on quantum security enhancement
MAS partners with banks, tech on quantum security enhancement
The central bank also launched a grant scheme to fund quantum projects.
OCBC, UOB to benefit from US-driven supply chain relocation to ASEAN
Multinationals are likely to hasten their ASEAN expansion.
Singapore banks’ loan growth, fee income steady in Q2
But treasury customer income is lower after their record highs in Q1.
DBS and J.P Morgan top choice of banking employers: survey
Meanwhile, Goldman Sachs only ranked fifth despite competitive compensation.
Capitaland Ascott Trust secures $165m OCBC 1.5°C loan
It is the first lodging trust to secure such a facility.
Record total income lifts OCBC’s net profit to S$3.93b in H1
Interim dividend for the period is 44 cents, an increase of 4 cents.
MAS “closely monitoring” global IT outage
Major banks reported little to no impact to customers and key operations.
SME performance up in Q2 2024, but expert predicts a flat year
In Q2, the OCBC SME Index hit 50.2, ending five quarters of contraction.
Stock market booked $1.17b net institutional outflow in H1
UOB, OCBC, Singtel and Yangzijiang Shipbuilding book the most inflows.
SG banks turn to upskilling as hiring sentiments turn ‘cautious’
Roles related to wealth advisory and anti-ML and fraud are most in demand.
OCBC moves to delist Great Eastern with $25.60 final offer price
The IFA said that the offer is “not fair but reasonable".
OCBC bags over 90% of Great Eastern’s shares, trade suspension to take effect
Trade suspension will be lifted if Great Eastern's public float rebounds to at least 10%.
SIAS cites ‘dilemma’ for minority shareholders amidst OCBC's GE offer
OCBC earlier announced a $1.4b offer to acquire the remaining 11.56% stake in GE.
OCBC Securities launches Singapore’s first AI stock-picker
The AI-powered tool will be key to boosting its pool of active investors.
OCBC Digital Silvers Programme targets 10,000 “digitally shy” elderly
The bank kicked off the programme in 2024 with a carnival-style event at Bishan Community Club.
85 Singaporean companies included in Fortune’s SEA 500 rankings
Trafigura, Wilmar, Olam, Flex, and DBS all made it into the top 10.
OCBC’s final offer for Great Eastern squeeze out at S$25.6 per share
Closing date has been extended to 12 July.
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