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.
DBS, OCBC slated for Q4 net profit growth
DBS, OCBC slated for Q4 net profit growth
Wealth management contribution will be higher than 2023 but lower from Q3.
Singapore FIs face stricter regulatory scrutiny in 2025
Singapore bucked the trend in 2024, with more fines issued.
Johor-Singapore economic zone seen attracting regional firms: OCBC
In 2024, OCBC supported about 260 new mid-sized enterprises to set up shop in Malaysia.
OCBC launches bespoke tokenised bonds for corporate investors
They can subscribe to tokens at S$1,000 denominations, for example.
OCBC Hong Kong sells 33% stake in Hong Kong Life
Yue Xiu Enterprises (Holdings) bought the stake from the bank.
Panin Bank acquisition could boost DBS, OCBC profits
A full acquisition could increase fiscal year 2025 PATMI by 2% to 3%.
OCBC sets up dedicated teams in Singapore, Malaysia to support SMEs
The two teams will comprise 25 experienced bankers.
SEA, Japanese banks vie for Panin Bank’s state: report
OCBC and CIMB are interested, whilst Maybank is exploring a potential bid, according to sources.
OCBC to triple quantum workforce to boost security
The Singapore bank expects significant tech advancements in the next five to 10 years.
Why Singapore banks are a ‘safe haven’ from US market volatility
UOB, OCBC, and DBS have low earnings downside risk and offer attractive dividends.
OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses
Josephine Lee had served as wealth head for retail banking in Citi Hong Kong.
DINKs lag behind parents on financial wellness
58% of DINKs have not started making financial plans for their retirement.
OCBC launches near-instant P2P transfers to WeChat Pay and Alipay
It also aims to expand the service in Indonesia and the Philippines by 2026.
OCBC’s Q3 2024 net profit rises 9% to $1.50b
Operating expenses rose 9% to $1.11b.
OCBC, Ant International team up on tokenised deposits
It aims for real-time, around-the-clock cross-border payments between Singapore and Malaysia.
OCBC demonstrates intraday institutional lending capabilities
It made use of reverse repos on J.P. Morgan’s Digitial Financing app.
OCBC launches MyOwn bank account for children and teenagers
It will enable them to monitor their account and make PayNow transactions.
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