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's net profit to grow to $4.89b in 2018
This will be driven by the rising loan growth, and easing of oil and gas woes.
OCBC's net profit to grow to $4.89b in 2018
This will be driven by the rising loan growth, and easing of oil and gas woes.
OCBC's Q4 profit surges by 31% to $1.03b
Net earnings for fiscal year 2017 reached an all time high with $4.15b.
GDP growth in 2017 down to 3.4%: OCBC
No thanks to slower NODX and manufacturing output.
First Reit acquires $400m in syndicated secured loans from OCBC
OCBC was authorised as the lead arranger and bookrunner for the facilities.
OCBC unveils $200,000 loans for small businesses
Businesses that have been operating for at least two years are eligible to apply.
Daily Briefing: Grab closes record fundraiser; Comparing DBS and OCBC home loans
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OCBC's loans may grow by at least 7% in 2018
Every 1-ppt increase in loan growth can mean 0.9% jumps in net profit.
Chart of the Day: OCBC has the leanest cost structure amongst banks in 2017
Its cost-to-income ratio of 42.3% is lower than those of its peers.
OCBC private banking arm to hire 20 relationship managers in Dubai
It's looking to manage the finances of the wealthy in India and the Middle East.
DBS, OCBC and UOB join unified QR Code platform
The platform will be able to accept payments from customers using the various banks’ payment apps.
OCBC acquires National Australian Bank's private wealth business in Hong Kong
The move seeks to boost the bank’s mortgage and deposit books.
It's automatic: Robots assist OCBC operations
The two work in the secured lending and finance teams.
Daily Briefing: OCBC, Sembcorp Marine buy back their shares; Singapore's rail woes unlikely to throw off expats
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DBS lags OCBC and UOB in profitability
It cut its coverage ratio for nonperforming loans to 83%.
OCBC taps AI to fight financial crime
It will use a programme with an algorithm to identify and reduce alerts of suspicious financial activity.
OCBC launches face recognition in banking apps
Over 120,000 mobile banking app users are expected to use the new technology.
Daily Briefing: OCBC expands private bank amidst surging compliance costs; Keppel unveils Corals at Keppel Bay
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