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 1.2%

Keppel Corporation saw the sharpest decline during Tuesday's trading, with a 3.04% drop.

Headline inflation seen to rise up to 1.5% in 2021

Overall inflation rose to 2.4% in May, the highest since November 2013.

OCBC appoints Lim Khiang Tong as new Group Chief Operating Officer

He will lead the bank’s use of technology, data, and design to develop financial solutions.

Market Update: STI down 0.04%

Wilmar International saw the sharpest decline during Thursday's trading, with a 1.52% drop.

Singapore’s exports expands 8.8% in May

This is the 6th consecutive month of exports growth.

OCBC leads April share buyback rally

OCBC, ST Engineering and Global Investments were the top firms that bought back shares last month.

OCBC, Xero launch online accounting platform for SMEs

Clients will have a 12-month free access under the Start Digital Initiative.

CPF withdrawals via PayNow hit $40m in 3 months: OCBC

Processing for bank deposits can be shortened by 4 days through PayNow.

OCBC appoints Melvyn Low as Head of Global Transaction Banking

He was previously ASEAN and Singapore Head of Treasury and Trade Solutions at Citibank N.A.

Bank tellers are out, digital service kiosks are in for OCBC

By 2020, OCBC will cut half of its bank tellers and will replace them with its latest ATMs and digital service kiosks.

OCBC launches website for mums

It includes specialist paediatric or gynaecological services and baby and motherhood products.

OCBC eyes doubling profit to $1b from China's Greater Bay Area

It will invest $200m in the area within the next five years.

OCBC and UOB tap NETS for mobile and online payments

Purchases will directly be debited to the user's bank account through NETSPay.

OCBC loans Wilmar US$200m with sustainability-based interest rate

The interest will be lowered in tiers if the sustainability target is met.