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.
Alipay+ enables 14 foreign e-wallets to pay in Hong Kong
About 90% of HK merchants now accept payments using foreign e-wallets.
18 hours ago
Alipay+ enables 14 foreign e-wallets to pay in Hong Kong
About 90% of HK merchants now accept payments using foreign e-wallets.
18 hours ago
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.
5 days ago
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.
OCBC unveils new financing programme for women SME owners
They can avail of up to $100,000 in loans with processing fees waived.
OCBC’s Mayda Lim in building the next pipeline of tech, banking talent
Lim weaves the need to support women bankers with the wider talent shortage in the industry.
DBS, OCBC, and UOB post combined net interest income of $8.3b in 4Q23
4Q23 marks the 5th consecutive quarter that the combined NII of the big three was above $8b.
OCBC net profit up 27% S$7.02b in FY2023; final dividend is 42 cents
Total dividend of 82 cents is 12% higher than the previous fiscal year.
OCBC gives S$9m support to 14,000 junior employees
Payouts will be made between February to March 2024.
OCBC expands money lock feature to time deposits
The feature has been used by 30,000 customers.
DBS, OCBC to log higher net profits, muted loan growth for Q4: analyst
DBS may hike its quarterly dividend by 6 cents to return surplus capital.
OCBC appoints ex-SMBC bankers as new China corporate banking head
Seth Tan brings over 27 years of experience into the role.
It's the most wonderful time of the year for ABF!
Asian Banking & Finance will be back on 8 January 2024.
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ABF Wholesale Banking Awards 2023 Winner: CIMB Bank Berhad
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Banking Technology
Head of Commercial Banking at CIMB Singapore, Benjamin Tan, shares insights on CIMB Bank Berhad's triumph at the ABF Retail Banking Awards 2023, highlighting their innovative financial solutions and commitment to enhancing customer experiences.
Banking Technology
ABF Wholesale Banking Awards 2023 Winner: CIMB Bank Berhad
Head of Commercial Banking at CIMB Singapore, Benjamin Tan, shares insights on CIMB Bank Berhad's triumph at the ABF Retail Banking Awards 2023, highlighting their innovative financial solutions and commitment to enhancing customer experiences.
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1. StanChart joins Visa’s B2B Connect to enhance cross-border payments 2. DCS Card Centre, E6 launch credit card issuing solution for fintechs 3. Hong Kong’s Mox Bank one of fastest growing digital banks worldwide 4. Funding Societies, SGeBIZ to offer embedded finance solution for SG businesses 5. Hong Kong SME’s funding gap at $21.7bAwards
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