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. 

Loan growth & higher fees prop up Singapore banks’ earnings in Q1

DBS’ and OCBC’s DPS are likely to rise in H2.
2 days ago

Loan growth & higher fees prop up Singapore banks’ earnings in Q1

DBS’ and OCBC’s DPS are likely to rise in H2.
2 days ago

OCBC launches $676.95m fixed rate subordinated notes

The notes will have a coupon of 5.52% annually.
4 days ago

SGX welcomes ETF tracking APAC financial institutions

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

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.

OCBC courts Great Eastern with S$1.4b offer

The bank plans to increase its investment beyond its current 88.44% stake.

Chinese banks dominant whilst Japan, South Korean banks’ assets falter

Australian and Singaporean banks’ assets remained steady, S&P’s study showed.

Road closures set around Sports Hub, Marina Centre for OCBC Cycle on 11-12 May

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

Alipay+ enables 14 foreign e-wallets to pay in Hong Kong

About 90% of HK merchants now accept payments using foreign e-wallets.

Bank of Singapore HK names ex-chief of Credit Suisse HK as its new chief executive

Rickie Chan succeeds Cindy Wong, who will serve as advisor until 31 May.

DBS and OCBC expected to deliver steady Q1 net profits

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

OCBC’s green car loans surged sixfold as new EV brands pique buyers

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

Singapore banks’ interest rates will remain elevated until Q3: analyst

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

Empathy deficit erodes customers’ trust in banks

Customers who feel valued are willing to spend more for banking products.

OCBC cross-border QR payments to quadruple in 2024 on China tourist wave

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

Why Singaporeans are okay with locking away over $4b of their money

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