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.
Singapore banks’ loan growth, fee income steady in Q2
But treasury customer income is lower after their record highs in Q1.
Singapore banks’ loan growth, fee income steady in Q2
But treasury customer income is lower after their record highs in Q1.
Record total income lifts OCBC’s net profit to S$3.93b in H1
Interim dividend for the period is 44 cents, an increase of 4 cents.
Fees lift Singapore banks’ Q2 profits
But their Q2 profits are likely to be lower compared to Q1, analysts said.
More data needed for sustainable financing— experts
Banks are struggling to get the right data at the right place.
OCBC unveils next-generation programme for wealthy customers
An estimated $2.5t in intergenerational wealth will be passed to the next gen by 2030.
MAS “closely monitoring” global IT outage
Major banks reported little to no impact to customers and key operations.
Great Eastern halts trading of its shares in SGX
This follows OCBC's increased shareholding in the insurer.
OCBC unveils financial programme for SG’s 36,000 property agents
It offers preferential home rates and bonus interest, amongst others.
SG banks turn to upskilling as hiring sentiments turn ‘cautious’
Roles related to wealth advisory and anti-ML and fraud are most in demand.
OCBC Securities launches Singapore’s first AI stock-picker
The AI-powered tool will be key to boosting its pool of active investors.
OCBC Digital Silvers Programme targets 10,000 “digitally shy” elderly
The bank kicked off the programme in 2024 with a carnival-style event at Bishan Community Club.
OCBC’s final offer for Great Eastern squeeze out at S$25.6 per share
Closing date has been extended to 12 July.
OCBC Ignite aims to double poly graduate intake
Only 3% of graduates join the financial sector full-time permanently.
Alipay+ enables QR payments in Mongolia for 12 foreign e-wallets
The e-wallets are from SEA, East Asia, and Italy.
Loan growth & higher fees prop up Singapore banks’ earnings in Q1
DBS’ and OCBC’s DPS are likely to rise in H2.
OCBC launches $676.95m fixed rate subordinated notes
The notes will have a coupon of 5.52% annually.
SGX welcomes ETF tracking APAC financial institutions
It has S$47m in assets under management at launch.
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