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 net profit up 12% but loan growth outlook lowered
The bank posted better-than-expected financial results in 2Q 2012 yet was forced to peg down loan growth guidance to single-digits from low-teens.
OCBC net profit up 12% but loan growth outlook lowered
The bank posted better-than-expected financial results in 2Q 2012 yet was forced to peg down loan growth guidance to single-digits from low-teens.
OCBC appoints Raymond Chee as Managing Director of OCBC Securities
Raymond Chee will take over starting 6 August.
Don't be fooled by OCBC's 2Q12 results, warns analyst
OCBC posted overheads growth of 6% qoq on higher staff costs.
OCBC hits record 23% profit surge
Thanks to robust trading and insurance revenue from Great Eastern Holdings.
OCBC's 2Q12 earnings likely to disappoint, warns analyst
The strong trading profits recorded in 1Q12 are unlikely to repeat this time.
OCBC to suffer the largest fall compared to DBS and UOB
That is in terms of the bank's non-interest income as it is expected to slump 35% to S$548m.
OCBC launches internship program
This 12-week program is conjunction with the opening of its fourth FRANK Store at Singapore Polytechnic.
Q3 technical recession unlikely but not unthinkable: OCBC
The bank predicts Singapore's Q3 GDP to grow at 2.4% yoy or well clear of the 1.5% technical recession threshold but an Asia-led drag still looms.
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.
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