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: 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.

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.

OCBC appoints Lim Khiang Tong as new Group Chief Operating Officer

He will lead the bank’s use of technology, data, and design to develop financial solutions.

Market Update: STI down 0.04%

Wilmar International saw the sharpest decline during Thursday's trading, with a 1.52% drop.

Singapore’s exports expands 8.8% in May

This is the 6th consecutive month of exports growth.

OCBC leads April share buyback rally

OCBC, ST Engineering and Global Investments were the top firms that bought back shares last month.

OCBC, Xero launch online accounting platform for SMEs

Clients will have a 12-month free access under the Start Digital Initiative.

CPF withdrawals via PayNow hit $40m in 3 months: OCBC

Processing for bank deposits can be shortened by 4 days through PayNow.

OCBC appoints Melvyn Low as Head of Global Transaction Banking

He was previously ASEAN and Singapore Head of Treasury and Trade Solutions at Citibank N.A.

Bank tellers are out, digital service kiosks are in for OCBC

By 2020, OCBC will cut half of its bank tellers and will replace them with its latest ATMs and digital service kiosks.