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. 

Market Update: STI up 1.08%

Singtel, Keppel Corp, and OCBC Bank led the Straits Times Index on 29 July.

MAS lifts dividend cap on local banks, financial companies

Local financial firms are expected to remain resilient even should the economy slip into a recession again.

June CPI remains elevated at 2.4% YoY

MAS upgraded its 2021 official headline CPI from 0.5%-1.5% YoY to 1%-2% YoY.

Retail, F&B, services sectors appeal for aid to weather second Phase 2(HA)

These sectors have been greatly affected by the 16-month “roller coaster” of tightening and loosening restrictions.

OCBC enables Singaporeans to directly view, pay tax in digital bank platform

Customers have the option to pay their tax balances in full or partially.

Experts upgrade exports forecasts amidst high June figures

June exports surged to 15.9% year-on-year, nearly doubling May’s figures.

SMEs post sharp recovery in the second quarter

The OCBC SME Index shoots by 8.3 points to 59.5 as small and medium-sized enterprises gain momentum.

Lion Global Investors, OCBC Securities to list China-focused ETF in SGX

The IPO runs from 12 to 28 July issued at S$2.00 each unit.

Chart of the Day: Bank stocks amongst strongest in H1 as locals average 19% of returns

DBS, OCBC, and UOB received net institutional and net proprietary inflows of $1.39b in Q1 and $468m in Q2.

SG bank stocks outpace global benchmarks

Bank stocks were amongst the strongest industries in the global stock market in the first half of the year.

OCBC launches comprehensive sustainability training

The second phase OCBC Future Smart Programme has an investment of S$30 million over the next three years.

Chart of the Day: SGX total share buyback for H1 2021 hits $368m

It was down from the 81 stocks buying back $663m in combined consideration in H1 2020.

Market Update: STI up 1.33%

Keppel DC REIT saw the sharpest decline during Wednesday's trading, with a 0.80% drop.

Market Update: STI down 1.2%

Keppel Corporation saw the sharpest decline during Tuesday's trading, with a 3.04% drop.

Headline inflation seen to rise up to 1.5% in 2021

Overall inflation rose to 2.4% in May, the highest since November 2013.