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 launches MyOwn bank account for children and teenagers
It will enable them to monitor their account and make PayNow transactions.
OCBC launches MyOwn bank account for children and teenagers
It will enable them to monitor their account and make PayNow transactions.
ABS, Singapore anti-ML group unveil new practice paper to enhance audits
Banks in Singapore are expected to review their audit practices against the paper.
OCBC teams up with Disneyto boost new customer growth in SEA
The collaboration will kick off in Singapore with the soft launch of the OCBC MyOwn Account.
Bank of Singapore winds down Luxembourg operations
It has pivoted its focus on deepening its UK presence and has named a new general manager.
Singaporean banks roll out face verification for digital token setup
It is expected to make it harder for scammers to take over a customer’s DT.
OCBC to offer digital accounts, debit cards for kids and teens
Kids and teens aged 7-15 years old can open their own digital bank accounts.
Banks must expand net zero targets, set clearer O&G goals: org
Japan, SoKor have yet to set medium and long-term targets aligned with a 1.5°C scenario.
Proposed bill lets police block bank transactions in ongoing scams
The bill does not cover traditional cheating cases involving in-person interactions.
OCBC, UOB to benefit from US-driven supply chain relocation to ASEAN
Multinationals are likely to hasten their ASEAN expansion.
Bank of Singapore warns against fake app
It has reported the link and app to the police and regulators.
Singapore banks’ loan growth, fee income steady in Q2
But treasury customer income is lower after their record highs in Q1.
Record total income lifts OCBC’s net profit to S$3.93b in H1
Interim dividend for the period is 44 cents, an increase of 4 cents.
Fees lift Singapore banks’ Q2 profits
But their Q2 profits are likely to be lower compared to Q1, analysts said.
More data needed for sustainable financing— experts
Banks are struggling to get the right data at the right place.
OCBC unveils next-generation programme for wealthy customers
An estimated $2.5t in intergenerational wealth will be passed to the next gen by 2030.
MAS “closely monitoring” global IT outage
Major banks reported little to no impact to customers and key operations.
Great Eastern halts trading of its shares in SGX
This follows OCBC's increased shareholding in the insurer.
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