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 teams up with Disneyto boost new customer growth in SEA
OCBC teams up with Disneyto boost new customer growth in SEA
The collaboration will kick off in Singapore with the soft launch of the OCBC MyOwn Account.
SMEs across most industries continue to grow in Q3, except ICT
Overall, SME performance improved to 50.8 from 50.2 in the OCBC index.
Bank of Singapore winds down Luxembourg operations
It has pivoted its focus on deepening its UK presence and has named a new general manager.
OCBC to set up new hub, partner with SIT in $500m Punggol investment
It plans to complete the hub in Q1 2027.
Singaporean banks roll out face verification for digital token setup
It is expected to make it harder for scammers to take over a customer’s DT.
OCBC to offer digital accounts, debit cards for kids and teens
Kids and teens aged 7-15 years old can open their own digital bank accounts.
Proposed bill lets police block bank transactions in ongoing scams
The bill does not cover traditional cheating cases involving in-person interactions.
MAS partners with banks, tech on quantum security enhancement
The central bank also launched a grant scheme to fund quantum projects.
OCBC, UOB to benefit from US-driven supply chain relocation to ASEAN
Multinationals are likely to hasten their ASEAN expansion.
Singapore banks’ loan growth, fee income steady in Q2
But treasury customer income is lower after their record highs in Q1.
DBS and J.P Morgan top choice of banking employers: survey
Meanwhile, Goldman Sachs only ranked fifth despite competitive compensation.
Capitaland Ascott Trust secures $165m OCBC 1.5°C loan
It is the first lodging trust to secure such a facility.
Record total income lifts OCBC’s net profit to S$3.93b in H1
Interim dividend for the period is 44 cents, an increase of 4 cents.
MAS “closely monitoring” global IT outage
Major banks reported little to no impact to customers and key operations.
SME performance up in Q2 2024, but expert predicts a flat year
In Q2, the OCBC SME Index hit 50.2, ending five quarters of contraction.
Stock market booked $1.17b net institutional outflow in H1
UOB, OCBC, Singtel and Yangzijiang Shipbuilding book the most inflows.
SG banks turn to upskilling as hiring sentiments turn ‘cautious’
Roles related to wealth advisory and anti-ML and fraud are most in demand.
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