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.
Daily Briefing: OCBC, Sembcorp Marine buy back their shares; Singapore's rail woes unlikely to throw off expats
And here's why Noble's falling stock is unlikely a bargain.
Daily Briefing: OCBC, Sembcorp Marine buy back their shares; Singapore's rail woes unlikely to throw off expats
And here's why Noble's falling stock is unlikely a bargain.
DBS lags OCBC and UOB in profitability
It cut its coverage ratio for nonperforming loans to 83%.
OCBC taps AI to fight financial crime
It will use a programme with an algorithm to identify and reduce alerts of suspicious financial activity.
OCBC launches face recognition in banking apps
Over 120,000 mobile banking app users are expected to use the new technology.
Daily Briefing: OCBC expands private bank amidst surging compliance costs; Keppel unveils Corals at Keppel Bay
And here's how 1MDB scandal is affecting Singapore's finance sector.
OCBC's asset quality remains under threat
Exposure to oil & gas sector estimated at 6%.
OCBC's bad loans to hit 1.4% in 2016
Profits may grow 3% on O&M woes.
OCBC's nonperforming assets soar 34% to $2.59b
It was mostly driven by loans to oil and gas firms.
OCBC's Q3 net profit jumps 5% to $943m
The improvements came from wealth management, insurance, and Indonesia.
OCBC mulls divesting stake in engineering services firm
But it is still reviewing strategic options.
OCBC raises Pay Anyone fund transfer limit to $1,000
Security token and recipient’s bank account are also no longer required.
OCBC’s net profit plummets by 15% to $885m in 2Q
On back of lower insurance income.
Daily Briefing: OCBC profit slumps 15%; Commercial property market to plummet further
And here’s why Singapore’s industrial production fell.
OCBC merges two banking subsidiaries in China to establish OCBC Wing Hang China
It aims to comply with China’s single presence policy.
OCBC’s NPL to crumble further in H2 on back of O&G exposure
Its Q2 spike will be short-lived.
OCBC unveils higher interest rates for 360 deposit account
It will now pay up to 3.25% per annum.
OCBC’s net profit jumped 11% to $993m in Q1
On back of higher income across the board.
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