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's whopping gains from F&N and APB stakes revealed
The gain will boost OCBC’s 2012 net profit forecast by 42% - so how much is it?
OCBC's whopping gains from F&N and APB stakes revealed
The gain will boost OCBC’s 2012 net profit forecast by 42% - so how much is it?
OCBC Securities offers tiered interest rates for share financing
It is the first brokerage in Singapore to offer tiered interest rates for financing purchase of securities across seven global exchanges.
Someone wants to buy OCBC Bank and GEH's shares in F&N and APB
There is an offer to purchase, but shareholders are advised there is no certainty that any transaction will be entered into.
STI starting to show signs of fatigue, says OCBC
The index failed to sustain itself above 2950 after closing just 0.1% higher at 2948.77.
OCBC's non-interest income ventures to drive ROEs quicker
The bank's asset quality remains healthy despite a blip in 1Q12.
Singapore’s GDP to grow 3.4% in 2H12: OCBC
The analyst does not foresee a sharp rebound due to the Eurozone crisis, so that’s as good as it gets.
Sembcorp Marine underperforms Keppel: OCBC
The analyst believes though that the trend may reverse in the near-term - but on what grounds?
OCBC downgrades UOL Group to Hold
There is limited exposure to a still healthy mass-market residential segment, says OCBC.
OCBC allots S$500 million to buy back shares
This is the fourth share buyback programme for the bank and will involve on-market purchases of ordinary shares.
DBS and OCBC downgraded to neutral
Macquarie says a convincing bull market could make them switch back, amidst improvement in earnings and sentiment.
CIMB analysts worry over OCBC's asset quality
CIMB notes 3 key factors that make OCBC most vulnerable to ill effects of Euro crisis.
China's stimulus package won't give Wilmar a boost: OCBC
Weak crush margins in China are likely to persist over the next few quarters.
OCBC, DBS, and UOB pamper ultra-rich Singaporeans
Each bank targets Singapore's rising rich with diverse product offerings, but which bank gets the highest revenue contributions from this wealthy market?
Q1 GDP could be revised upward: OCBC
It is increasingly likely to be revised up to 1.9% yoy but future quarter forecasts remain subdued at a 1-3% yoy range.
OCBC earnings boom is unsustainable
Its1Q12 earnings wowed the markets but on closer inspection it is composed mainly of one-off investment gains.
OCBC profit jumps 32% to S$832m
Net interest income rose by 21% to S$951million with loan growth partly offset by lower net interest margin.
Great Eastern Holdings' S$263m profit boosts OCBC's books
It was up 65% y-o-y supported by growth in underwriting profit, the result of successful shift in product mix over the past quarters.