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.
Frasers Centrepoint Trust bags $419m green loan, carbon credits from OCBC
The loan will be used to accelerate Tampines 1’s journey to carbon neutrality amongst others.
Frasers Centrepoint Trust bags $419m green loan, carbon credits from OCBC
The loan will be used to accelerate Tampines 1’s journey to carbon neutrality amongst others.
OCBC unifies branding, renames Hong Kong and Macau subsidiaries
OCBC Wing Hang has been renamed as OCBC Bank (Hong Kong).
Daily Markets Briefing: STI up 0.06%
Yangzijiang Shipbuilding was the top active stock for 28 June 2023.
MAS unveils open-source toolkit for responsible AI-use in finance
It was supported by the collaborative effort of the association of 31 industry players.
OCBC unveils digital account opening for foreigners moving to SG
Individuals from Malaysia, Indonesia, mainland China, and Hong Kong can avail of the service.
MAS fines 4 entities S$3.8m for failures in anti-money laundering controls
DBS and OCBC are fined S$2.6m and S$600,000, respectively.
OCBC buys more Great Eastern shares for S$39.9m
OCBC now owns 88.4% of its subsidiary’s shares.
OCBC to remain strong and stable through 2024: Moody’s
Asset quality and nonperforming loans will likely remain between 1% to 1.5% in 2023-2024.
OCBC Bank, ADDX to issue tokenised equity-linked notes
The 3-month fixed notes linked to the shares of a US tech company.
Singapore banks deliver strong earnings growth in Q1
OCBC outperformed with a net interest margin expansion of 75bp YoY.
OCBC prices A$1b senior floating rate green notes
The bank will issue the notes through its Sydney Branch.
Singapore’s NETS boosts touchless payment options
Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.
Daily Markets Briefing: STI up 0.35%; DBS is most active stock
Singtel is the most active stock.
More SME business owners expect their performance to decline in the next 6 months
Less than two in 10 business owners (17%) expect it to worsen.
Capital goods sector to lead Q1 23 results: analyst
The rest of the sectors may feel muted growth.
OCBC and SG police force prevent scam losses worth S$12.6m
About 700 victims were safeguarded from potential loss.
Daily Markets Briefing: STI down 0.55%; OCBC Bank is top stock
Other top stocks are Wilmar Intl and UOB.
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