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.
Shipping liners face oversupply risk: OCBC
NOL and the collective industry should watch out for gaping capacity that could sink profits.
Shipping liners face oversupply risk: OCBC
NOL and the collective industry should watch out for gaping capacity that could sink profits.
Fitch assigns expected 'A+' rating to OCBC's subordinated notes
The rating on the Subordinated Notes—due 2022 callable in 2017—is one notch below OCBC's 'AA-' Long-term foreign-currency Issuer Default Rating (IDR).
OCBC nine months' profit up 20% to S$1.75bln
OCBC’s revenue momentum remains strong behind loan growth, robust fee revenues, and healthy contributions from Great Eastern and Bank of Singapore.
MaxLee Development borrows S$220 mln from UOB and OCBC
The joint venture company raises funds for the development of the Executive Condo in Sengkang E3 and Sengkang East Avenue.
OCBC Bank's second quarter net profit down 26% from previous quarter
OCBC's net profit dropped to S$503 million, from S$676 million for the first quarter, with volatile financial markets resulting in a 35% decline in net trading income.
OCBC offers iPad banking and trading applications
OCBC becoming the first financial institution to launch applications for one of Apple’s latest gadget, continues to pull on technological innovation for its clients and investors.
OCBC buys ING Securities for $10 mln
Oversea-Chinese Banking Corp (OCBC) has completed the acquisition of ING Securities Co Ltd.
OCBC Securities offers iPhone application based mobile trading
iOCBC TradeMobile provides Singaporeans free trading access to 14 local and international securities exchanges.
OCBC Group profit soars to $676 million
Profit up 24% year-on-year and 35% over the previous quarter behind non-interest income growth, low credit losses.
OCBC Cycle Singapore raised over $35,000 for charity
Enthusiasts and professionals alike enjoyed a weekend of cycling to help the National Cancer Centre Research Fund and the Singapore Children’s Society.
OCBC 2009 profit up 12% on non-interest income surge
37% growth in non-interest income together with lower cost-to-income ratio helped lender earn S$1,962mln.
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