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.
SG incumbent banks unlikely to take hit from neobanks' deposit cap raise: Fitch
Digital banks could face challenges beyond funding.
SG incumbent banks unlikely to take hit from neobanks' deposit cap raise: Fitch
Digital banks could face challenges beyond funding.
OCBC issues green trade finance facility to Seatrium
The trade facility, with issuance of Banker’s Guarantee, is worth about S$1.04b
OCBC, Ascenda to offer more transfer options for rewards currencies
It is now available to OCBC customers holding Travel$, Voyage Miles and OCBC$ rewards balances.
OCBC unifies branding, renames Hong Kong and Macau subsidiaries
OCBC Wing Hang has been renamed as OCBC Bank (Hong Kong).
MAS unveils open-source toolkit for responsible AI-use in finance
It was supported by the collaborative effort of the association of 31 industry players.
OCBC Wing Hang's capitalisation, profits to offset real estate risks: Moody's
The bank’s exposure to real estate markets may affect asset quality.
OCBC unveils digital account opening for foreigners moving to SG
Individuals from Malaysia, Indonesia, mainland China, and Hong Kong can avail of the service.
MAS fines 4 entities S$3.8m for failures in anti-money laundering controls
DBS and OCBC are fined S$2.6m and S$600,000, respectively.
OCBC buys more Great Eastern shares for S$39.9m
OCBC now owns 88.4% of its subsidiary’s shares.
OCBC to remain strong and stable through 2024: Moody’s
Asset quality and nonperforming loans will likely remain between 1% to 1.5% in 2023-2024.
OCBC unveils decarbonization targets for six sectors
The bank commits to achieving a net zero status for its financed emissions by 2050.
OCBC prices A$1b senior floating rate green notes
The bank will issue the notes through its Sydney Branch.
Singapore’s NETS boosts touchless payment options
Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.
1 in 5 of OCBC’s home, renovation, and car loans now green
The Singapore bank has extended over S$3.5b of green loans in two years and targets a 10% growth in 2023.
OCBC and RHB co-establish two sustainability-linked solutions
The facility will enable RHB Malaysia to convert its SGD-denominated proceeds to US$.
OCBC and SG police force prevent scam losses worth S$12.6m
About 700 victims were safeguarded from potential loss.
OCBC Bank opens 'Metaverse branch' in Decentraland
It is named after its headquarters in Chulia Street, Singapore.
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