A Year of Achievements


$7.02 billion
Record net profit

S$56 billion
in sustainable finance commitments, ahead of 2025 target of $50 billion

increase in cross-border QR transactions since Alipay+ payments enabled in September 2023

>1 million
customers to be added with OCBC Indonesia’s acquisition of PT Bank Commonwealth, pending regulatory approvals

growth (y-o-y) in statutory net profits after tax for OCBC China

4 million
decisions made a day from AI deployment in risk management, customer service and sales, resulting in productivity gains

S$30 million
investment from 2023 to 2025 for employee development to enable greater job mobility

increase (y-o-y) in the number of staff volunteers helping the less advantaged

Wealth Management

4.9 billion
increase in Singapore savings accounts, with market share increasing 3%

Approximate growth (y-o-y) in number of family office clients for Bank of Singapore

Singapore bank to enable fully digital account opening for foreigners (Malaysia, Indonesia, Mainland China, Hong Kong SAR) relocating to Singapore

Top 2
Bancassurance player in Singapore


Great Eastern has the largest agency force in Singapore and Malaysia combined

Great Eastern has the largest market share of life insurance sales in Singapore and Malaysia

>16 million
Great Eastern policy holders, with more than 400,000 new policy holders added in Singapore, Malaysia and Indonesia

RM1.121 billion
Amount of Great Eastern Holdings’ proposed acquisition of AmMetLife Insurance Berhad and AmMetLife Takaful Berhad in Malaysia

Asset Management

Lion-OCBC Securities Hang Seng TECH ETF was SGX’s Top ETF by Trading Turnover and Volume, and also had the highest returns among SGX-listed China Equities ETFs

Lion-OCBC Securities Singapore Low Carbon ETF had the highest returns among SGX-listed Singapore Equities ETFs