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. 

Market update: STI down 0.52%

Jardine Matheson Holdings is the highest gainer with 1.42%.

Market update: STI down 0.52%

Jardine Matheson Holdings is the highest gainer with 1.42%.

OCBC SME Index: Which sector performed best in Q2?

The top sector's reading jumped to 52.8 in Q2 from 50.9 in Q1.

MAS’s framework for loss-sharing for bank scam victims “taking longer than expected”

Singapore’s financial regulator expects to publish the draft framework in the coming months.

OCBC, Standard Chartered complete 30-year SORA OIS trade

The 30-year SORA OIS trade was the first transaction cleared by LCH.

Singapore big three banks poised for earnings growth

UOB, OCBC, and DBS have strong non-interest incomes.

DBS vs OCBC: Which bank will be the bigger winner from an upcycle in interest rates? 

An analyst said one of the banks will have an earnings growth of 15.9% in 2023.

DBS raises fixed home loan rate, scraps 5-year fixed package: report

The new rate is 0.03 percentage points higher than the previous 2-year fixed rate.

OCBC US$750m Tier 2 notes priced at 4.602%

Proceeds will be used for general corporate purposes.

OCBC appoints first-ever head of Group Data Office

MacDonald led the creation of the bank’s dedicated AI unit in 2018.

OCBC Bank priced $500m perpetual capital securities

It is under its US$30b global medium-term note program.

Over 70 firms sign up for SG’s trade data exchange platform 

The participants include DBS Bank, OCBC Bank, and UOB.

SGX's new bond issuance platform to shorten settlement to 2 days

The block-chain enabled platform is an SGX-Group-Temasek digital asset venture.

STI outpaces FTSE Developed Index with 5.5% total return

DBS, OCBC, and UOB had the most impact on STI's performance.

OCBC Bank designates new human resources head

Lee Hwee Boon will assume her new post on 24 June.

MAS slaps S$330m add'l capital requirement at OCBC after phishing fiasco

The review found deficiencies in the bank’s risk mitigation and incident management.

OCBC invests S$25m to reduce carbon footprint in operations

The bank plans to retrofit its buildings with solar panels.