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.
Chart of the Day: Rate of Singapore GST hike over the years
The hike implementation originally scheduled in 2022 was moved to 2023.
Chart of the Day: Rate of Singapore GST hike over the years
The hike implementation originally scheduled in 2022 was moved to 2023.
Carbon tax hike to leave massive economic impact: banks
Power generation, manufacturing, transport industries will be the most impacted.
Scammed? OCBC Bank clients can activate 'kill switch' to freeze accounts
This includes access to current/savings accounts, ATMs, debit/credit cards, and digital banking.
Market update: STI up 0.1%
Wilmar International was seen with the most growth.
Jefferies sees QoQ bottom line decline for UBS, OCBC, and DBS in 4Q21
Among the reasons for the decline is the weaker non-intertest income of banks.
Yangzijiang, OCBC, and Nanofilm Tech top buyback consideration tally for January
26 primary-listed stocks bought back their shares for a total consideration of $52.9m.
MAS clarifies coverage for loss arising from scams
OCBC fully-covering losses should not set a general precedent for future cases, the regulator said.
OCBC implements anti-scam measures following increased phishing attacks
One measure is the removal of the clickable links in SMSes sent by the bank.
30 victims of OCBC Bank phishing scam receive goodwill payouts
The phishing scam surfaced in December 2021.
Market update: STI up 0.67%
UOB had the most growth.
Market update: STI up 1.45%
CapitaLandInvest had the most growth for the day.
OCBC becomes first Southeast Asian bank to adopt Poseidon Principles
The framework aims to accelerate the decarbonisation of the shipping sector.
Market update: STI up 0.42%
Jardine Matheson had the most growth for the day.
Market update: STI up 1.88%
DBS had the most growth for the day.
DBS, OCBC, UOB average 47% net profit growth in 9MFY21
The 3 banks make up 20% of the total market capitalisation of SGX-listed stocks.
OCBC's YoY loan growth falls behind DBS, UOB by 2.8% in Q3
However, on a q-o-q comparison, OCBC had the biggest loan growth of 3.8%.
SG retail sales performance signify light at the end of the tunnel - OCBC
This is on the back of an unexpected 6.6% YoY increase in September.
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