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 enables customers to lock money in their accounts

Locked funds cannot be used for payments, investments, and ATM withdrawals.

2 days ago

OCBC enables customers to lock money in their accounts

Locked funds cannot be used for payments, investments, and ATM withdrawals.

2 days ago

OCBC Hong Kong names Wang Ke as new CEO

The current CEO, Ivy Au-Yeung, will retire on 31 December.

3 days ago

Here's how OCBC's new money lock feature works

The feature's purpose is to be a strong defence against malware and phishing scams.

5 days ago

OCBC extends S$16m green-linked loan to textile and apparel company Ghim Li

The loan was made through the ESGpedia platform.

OCBC rolls out generative AI chatbot for employees, amongst world’s first

Over 4 million decisions in the bank are made by AI daily, OCBC shared.

OCBC names new Greater China head, OCBC Wing Hang China CEO

Wang Ke and Ang Eng Siong are stepping up to their new roles on 1 November.

OCBC shines at ABF Wholesale Banking Awards, Retail Banking Awards

Amongst other accolades, the bank bagged the China International Trade Finance Bank of the Year award as well as its 13th consecutive ASEAN SME Bank of the Year award, attesting to the strength of its extensive ASEAN-Greater China franchise.

OCBC taps Alipay+ to enable customers to pay in China, Korea, Malaysia with digital app

Payments will be made directly from customers’ OCBC SG bank accounts.

Singapore’s banking customer experience stagnates in 2023: Forrester

Citibank and DBS improved their CX scores, whilst three other banks got lower scores.

OCBC says its anti-malware security feature saved more than S$2m since launch

The feature protected over 30 customers whose phones contained malware from sideloaded apps.

OCBC offers digital invoice financing to SMEs

Over 55,000 SMEs are registered in InvoiceNow.

OCBC prices S$550m perpetual capital securities at 4.5%

OCBC served as the sole lead manager and bookrunner for this issue.

Hiring freeze felt as HK banks focus on talent development

Many senior roles in banking get cut, but relationship managers, private bankers, and tech roles remain sought after.

OCBC reports record net profit of S$3.59b in H1; H1 dividend at 40 cents

The dividend is 43% or 12 cents higher than in H1 2022.

OCBC, UnionPay bolster cross-boundary digital payment feature

Customers can make payments from their OCBC accounts of up to S$1,000 daily.

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