OCBC Bank

Over 7,000 cyclists are expected to participate at the OCBC Cycle 2024.

This will be backed by healthy credit standing.

Their net interest margins will ease as a result of their Hong Kong loans.

“Softer NIM but resilient asset quality.”   Two of the largest banks in Singapore are expected to report a year-on-year (yoy) drop in net profits for the first quarter, although their asset quality will remain resilient according to UOB Kay Hian.

Overall, SMEs' performance and health remained in a state of contraction with a 49.7 reading.

Loan demand for used EVs rose 30 times compared to launch, the bank said.

The ETF guarantees a minimum 5% annual dividend for the first 2 years.

DBS and OCBC are expected to provide dividend yield of 7.4% and 6.5%.

Yangzijiang Shipbuilding is the top stock with a 3.24% increase.

The bank anticipates 250,000 cross-border QR payments this year.

Customers can only access ‘locked’ money with a physical card or by visiting a branch. 

They can avail of up to $100,000 in loans with processing fees waived.

Lim weaves the need to support women bankers with the wider talent shortage in the industry.

4Q23 marks the 5th consecutive quarter that the combined NII of the big three was above $8b.

Total dividend of 82 cents is 12% higher than the previous fiscal year.

Payouts will be made between February to March 2024.