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. 

MAS fines 4 entities S$3.8m for failures in anti-money laundering controls

DBS and OCBC are fined S$2.6m and S$600,000, respectively.

MAS fines 4 entities S$3.8m for failures in anti-money laundering controls

DBS and OCBC are fined S$2.6m and S$600,000, respectively.

OCBC buys more Great Eastern shares for S$39.9m

OCBC now owns 88.4% of its subsidiary’s shares.

OCBC to remain strong and stable through 2024: Moody’s

Asset quality and nonperforming loans will likely remain between 1% to 1.5% in 2023-2024. 

OCBC unveils decarbonization targets for six sectors

The bank commits to achieving a net zero status for its financed emissions by 2050.

OCBC prices A$1b senior floating rate green notes

The bank will issue the notes through its Sydney Branch.

Singapore’s NETS boosts touchless payment options

Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.

1 in 5 of OCBC’s home, renovation, and car loans now green

The Singapore bank has extended over S$3.5b of green loans in two years and targets a 10% growth in 2023.

OCBC and RHB co-establish two sustainability-linked solutions

The facility will enable RHB Malaysia to convert its SGD-denominated proceeds to US$.

OCBC and SG police force prevent scam losses worth S$12.6m

About 700 victims were safeguarded from potential loss.

OCBC Bank opens 'Metaverse branch' in Decentraland

It is named after its headquarters in Chulia Street, Singapore.

OCBC has disbursed S$3.5b under Eco-Care Loans 

Two thirds of Eco-Care Home Loan customers live in HDBs.

OCBC opens Wuhan branch

OCBC Wing Hang Bank (China) now has 19 branches across 14 cities.

OCBC launches net zero loan for corporates

Companies get a reduced interest rate on their loans when they meet targets.

Banks offer flexiwork, mentor programmes to uplift women’s careers

This International Women’s Day, we spoke with Singapore’s big three banks on how they are helping close the gender gap in their workforces.

OCBC reports record net profit of S$5.75b in 2022

Full-year dividend is at 68 cents per share, 28% higher than in 2021.

OCBC CEO Helen Wong appointed as executive director 

She will now assume responsibility for both roles.

Singapore banks to report flattish Q4 22 earnings amidst slow global growth

NIMs will rise but the expansion could decelerate due to higher funding costs.