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 issues A$500m senior floating green notes at 0.26% rate
The notes will be issued in its Sydney, Australia branch.
OCBC issues A$500m senior floating green notes at 0.26% rate
The notes will be issued in its Sydney, Australia branch.
OCBC net profit soars by 86% to $2.6b in first half
The net profit growth was driven by a robust banking and insurance performance.
GuocoLand, OCBC, Doxa to develop digital platform for dev’t projects transactions
This will be ready by October and will be piloted through Meyer Mansion.
Daily briefing: SG banks stocks climb after eased dividend restrictions; Hospitals may be filled if COVID cases increase 'uncontrollably'
And TotalEnergies buys BlueSG EV charging network.
Market Update: STI up 1.08%
Singtel, Keppel Corp, and OCBC Bank led the Straits Times Index on 29 July.
MAS lifts dividend cap on local banks, financial companies
Local financial firms are expected to remain resilient even should the economy slip into a recession again.
June CPI remains elevated at 2.4% YoY
MAS upgraded its 2021 official headline CPI from 0.5%-1.5% YoY to 1%-2% YoY.
Retail, F&B, services sectors appeal for aid to weather second Phase 2(HA)
These sectors have been greatly affected by the 16-month “roller coaster” of tightening and loosening restrictions.
OCBC enables Singaporeans to directly view, pay tax in digital bank platform
Customers have the option to pay their tax balances in full or partially.
Experts upgrade exports forecasts amidst high June figures
June exports surged to 15.9% year-on-year, nearly doubling May’s figures.
SMEs post sharp recovery in the second quarter
The OCBC SME Index shoots by 8.3 points to 59.5 as small and medium-sized enterprises gain momentum.
Lion Global Investors, OCBC Securities to list China-focused ETF in SGX
The IPO runs from 12 to 28 July issued at S$2.00 each unit.
Chart of the Day: Bank stocks amongst strongest in H1 as locals average 19% of returns
DBS, OCBC, and UOB received net institutional and net proprietary inflows of $1.39b in Q1 and $468m in Q2.
SG bank stocks outpace global benchmarks
Bank stocks were amongst the strongest industries in the global stock market in the first half of the year.
OCBC launches comprehensive sustainability training
The second phase OCBC Future Smart Programme has an investment of S$30 million over the next three years.
Chart of the Day: SGX total share buyback for H1 2021 hits $368m
It was down from the 81 stocks buying back $663m in combined consideration in H1 2020.
Market Update: STI up 1.33%
Keppel DC REIT saw the sharpest decline during Wednesday's trading, with a 0.80% drop.
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