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.
Singapore banks’ interest rates will remain elevated until Q3: analyst
DBS and OCBC are expected to provide dividend yield of 7.4% and 6.5%.
Singapore banks’ interest rates will remain elevated until Q3: analyst
DBS and OCBC are expected to provide dividend yield of 7.4% and 6.5%.
Daily Markets Briefing: STI down 0.85%; Top stock is Yangzijiang Shipbuilding
Yangzijiang Shipbuilding is the top stock with a 3.24% increase.
OCBC cross-border QR payments to quadruple in 2024 on China tourist wave
The bank anticipates 250,000 cross-border QR payments this year.
Why Singaporeans are okay with locking away over $4b of their money
Customers can only access ‘locked’ money with a physical card or by visiting a branch.
OCBC unveils new financing programme for women SME owners
They can avail of up to $100,000 in loans with processing fees waived.
OCBC’s Mayda Lim in building the next pipeline of tech, banking talent
Lim weaves the need to support women bankers with the wider talent shortage in the industry.
DBS, OCBC, and UOB post combined net interest income of $8.3b in 4Q23
4Q23 marks the 5th consecutive quarter that the combined NII of the big three was above $8b.
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.
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 expands money lock feature to time deposits
The feature has been used by 30,000 customers.
OCBC SME Index: Which sectors are the best and worst performers of 4Q23?
Overall, SMEs' performance and health remained in a state of contraction with a 49.5 reading.
OCBC prices $450m capital securities at 4.05% first callable in 2029
The net proceeds will be used for OCBC’s general corporate purposes.
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.
Singtel bags $535m green loan
DBS, OCBC, Standard Chartered Bank and UOB provided the loan.
OCBC enables customers to lock money in their accounts
Locked funds cannot be used for payments, investments, and ATM withdrawals.
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.
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