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 bags over 90% of Great Eastern’s shares, trade suspension to take effect

Trade suspension will be lifted if Great Eastern's public float rebounds to at least 10%.

SIAS cites ‘dilemma’ for minority shareholders amidst OCBC's GE offer

OCBC earlier announced a $1.4b offer to acquire the remaining 11.56% stake in GE.

OCBC Securities launches Singapore’s first AI stock-picker 

The AI-powered tool will be key to boosting its pool of active investors.

OCBC Digital Silvers Programme targets 10,000 “digitally shy” elderly

The bank kicked off the programme in 2024 with a carnival-style event at Bishan Community Club.

85 Singaporean companies included in Fortune’s SEA 500 rankings

Trafigura, Wilmar, Olam, Flex, and DBS all made it into the top 10.

Singapore stocks book $1b in net retail inflow so far this year

Capital flight from banks was more than offset by large net buying in other stocks.

OCBC Ignite aims to double poly graduate intake

Only 3% of graduates join the financial sector full-time permanently.

Singapore’s big banks aim for 96% emissions cut by 2050

DBS, OCBC, and UOB have set S$200b loan portfolio emissions targets.

OUE REIT executes first interest rate swap with carbon credits 

The REIT will use the carbon credits received to offset residual emissions.  

DBS, UOB, and OCBC lead SG stocks with a $500m net institutional inflow

The trio averaged 15.6% total returns from 1 January to 23 May.

OCBC launches $676.95m fixed rate subordinated notes

The notes will have a coupon of 5.52% annually.

OCBC's bid for Great Eastern Life to boost sector valuations

OCBC has been a shareholder in Great Eastern Life since 1958.

SGX welcomes ETF tracking APAC financial institutions

It has S$47m in assets under management at launch.

OCBC logs record net profit of S$1.98b in Q1; EPS is S$1.76

Higher wealth management and insurance income pushed up fee income.