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In the latest trading session, Singapore’s three major banks, DBS, OCBC, and UOB, all witnessed record high closures. Spearheading gains on the Straits Times Index, OCBC saw a 3.3% rise, closing at S$26.34 (US$20.39). UOB climbed 2.9% to S$41.69, and DBS…
The Oversea-Chinese Banking Corporation (OCBC) in Singapore is broadening its precious metals sector by introducing physical gold trading and storage services for institutional investors and private banking clients. OCBC perceives an increasing demand for…
OCBC, Singapore’s second-largest bank, is amplifying its efforts to harness the expanding economic ties between Greater China and Southeast Asia. This new endeavor sees the bank forming a strategic partnership with two prominent business chambers, the…
The Oversea-Chinese Banking Corporation (OCBC) has announced plans to bolster its wealth-management staff in Hong Kong by 30% this year. This move is a strategic reaction to an increasing demand from its clientele for investment and financing services.…
Overseas-Chinese Banking Corporation (OCBC) and the Australian High Commission in Singapore have recently launched a five-year strategic alliance aimed at fortifying trade and investment flow between Australia and Southeast Asia. The partnership is designed…
In the first quarter, the Oversea-Chinese Banking Corporation Limited (OCBC) experienced a decline in its net interest income. However, this was counterbalanced by increases in wealth-led gains and higher fees, resulting in an overall rise in total income.…
In a strategic move to bolster its foothold in Southeast Asia’s most significant economy, OCBC has entered into an agreement to procure HSBC’s retail banking and wealth management operations based in Indonesia. The Acquisition Details OCBC’s Indonesian…
OCBC, in collaboration with its asset management arm, Lion Global Investors, and digital asset exchange DigiFT, have recently introduced the OCBC-LionGlobal Physical Gold Fund Token (GOLDX token). Notably, this is Southeast Asia’s first tokenised physical…
Great Eastern, the insurance division of OCBC, has introduced a new service tailored specifically for high net worth (HNW) individuals and families across Asia. Great Eastern Private: A Tailored Experience The newly unveiled proposition is named Great Eastern…
Despite experiencing a slight dip in interest income, Singapore’s OCBC managed to maintain a relatively static profit, thanks to diverse revenue sources. Financial Performance OCBC recorded a net profit of S$7.4 billion ($5.9 billion) in 2025, marking a 2…
Singapore’s OCBC Bank has established a new division that is committed to providing loans against idle securities in customer accounts. Enabling Efficient Use of Idle Securities OCBC Bank has introduced a dedicated securities financing unit that will operate…
The former OCBC investor relations head has taken on a new role as the chief financial officer at the Bank of Singapore. New Appointment Collins Chin has been appointed as the new global chief financial officer at the Bank of Singapore, taking effect…
OCBC Bank is set to be the first Singaporean financial institution to allow customers to scan and pay every major merchant QR code in Mainland China via its Singapore mobile banking application. This innovation is a significant leap in the integration of…
Singapore’s OCBC bank has significantly advanced its position in the regional payments sector by incorporating eight major Southeast Asian digital wallets into its banking app. This move has established the most inclusive bank-to-wallet ecosystem in the…
Singapore’s OCBC bank is set to introduce a secure in-app calling feature across its retail and business banking platforms. This move comes as a response to a significant increase in scams involving impersonation and a decreasing faith in traditional…
OCBC, the Singapore-based banking corporation, has reported that its profits remained stable in the third quarter of 2025. The bank’s net earnings for the period matched the previous year’s figures, standing at approximately S$2 billion ($1.5 billion). Income…
