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 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 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.
How OCBC’s blockchain expertise is powering Singapore’s digital currency ambitions
OCBC is aiming to commercialise one or two of its blockchain solutions in 2024.
OCBC enables customers to lock money in their accounts
Locked funds cannot be used for payments, investments, and ATM withdrawals.
OCBC Hong Kong names Wang Ke as new CEO
The current CEO, Ivy Au-Yeung, will retire on 31 December.
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.
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.
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