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.
Chart of the day: Baby boomers are better at living sustainably
OCBC found out that green habits suit their life stage.
Chart of the day: Baby boomers are better at living sustainably
OCBC found out that green habits suit their life stage.
OCBC, NUS commence study to encourage EV adoption in Singapore
A total of 32,000 OCBC customers are expected to participate in the study.
Market update: STI up 0.29%
Highest gainer is OCBC Bank with 0.81%.
Massive NIM expansion backs increase of DPS in 2023: analyst
DBS, OCBC, and UOB posted expansion in the second quarter (Q2) of 2022.
OCBC net profit rose 7% to S$2.83b in H1
This was buoyed by higher net interest, although non-interest income fell during the period.
Crash ahead? Residential sales to take a hit from banks’ increased fixed-rate home loans
Home loan rates now range from 2.75% p.a. to 3.08% p.a.
DBS vs OCBC: Which bank will post a higher net profit in Q2?
According to UOB Kay Hian, both banks' net profits will decrease.
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.
MCT appoints former OCBC CEO as new non-executive director
Samuel Tsien led OCBC for nine years.
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.
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Commentary
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