OCBC Bank

Amongst other accolades, the bank bagged the China International Trade Finance Bank of the Year award as well as its 13th consecutive ASEAN SME Bank of the Year award, attesting to the strength of its extensive ASEAN-Greater China franchise. 

Payments will be made directly from customers’ OCBC SG bank accounts.

Citibank and DBS improved their CX scores, whilst three other banks got lower scores.

The feature protected over 30 customers whose phones contained malware from sideloaded apps.

Over 55,000 SMEs are registered in InvoiceNow.

OCBC served as the sole lead manager and bookrunner for this issue. 

Many senior roles in banking get cut, but relationship managers, private bankers, and tech roles remain sought after.

The dividend is 43% or 12 cents higher than in H1 2022.

Customers can make payments from their OCBC accounts of up to S$1,000 daily.

Digital banks could face challenges beyond funding.

The trade facility, with issuance of Banker’s Guarantee, is worth about S$1.04b

It is now available to OCBC customers holding Travel$, Voyage Miles and OCBC$ rewards balances.

OCBC Wing Hang has been renamed as OCBC Bank (Hong Kong).

It was supported by the collaborative effort of the association of 31 industry players.

The bank’s exposure to real estate markets may affect asset quality.

Individuals from Malaysia, Indonesia, mainland China, and Hong Kong can avail of the service.