Business Banking, Sustainability

12,000 Marriott International suppliers in Singapore, Malaysia and Indonesia to get same-day invoice financing by OCBC

OCBC partners with Marriott to give Marriott's SME suppliers fast capital and help to go sustainable.

Consumer Banking, FinTech & Innovation

OCBC app will be the first that can scan-and-pay all merchant QR codes in China

Customers will be able to scan Weixin Pay (WeChat Pay) QRs, adding to the OCBC app’s existing Alipay+ and UnionPay QR capabilities.

Consumer Banking, Business Banking

OCBC rolls out in-app calls for business and retail banking customers as anti-fraud push continues

OCBC is among the first in Singapore with this secure, app-based capability, enhancing convenience for customers while reducing heavy reliance on security questions and SMS OTPs.

CSR, Events & Sponsorships

OCBC adds eight major digital wallets across Southeast Asia to OCBC app

The partnership with Visa makes the OCBC app the most connected banking app in the region with coverage of 10 digital wallets

Corporate News

OCBC Group Third Quarter 2025 Net Profit Rose 9% above the Previous Quarter to S$1.98 billion

Nine months 2025 net profit at S$5.68 billion.

Corporate News, Appointments

OCBC appoints banking veteran Melvyn Low as Group Chief Strategy and Transformation Officer

Mr Low will continue to oversee the Global Transaction Banking Division, which he has been heading since 2018.

CSR, Events & Sponsorships

OCBC Group partners Singapore Sports Hub to create a first-of-its kind pickleball programme

As One OCBC Group, OCBC Bank, Bank of Singapore, and Great Eastern are partnering with Singapore Sports Hub to introduce pickleball courts and host a series of related activities which will culminate in one of Southeast Asia’s largest pickleball tournaments

Consumer Banking, Wealth Management

OCBC launches first-of-its-kind wealth advisory upskilling programme for mortgage specialists

As certified wealth advisors, they will be able to provide affluent clients with holistic advisory services that go beyond home loans.

CSR, Events & Sponsorships

OCBC partners Singapore Disabilty Sports Council on the nation's first water safety programme for persons with disabilities

OCBC-SDSC SwimTogether is the first corporate-funded partnership to provide inclusive coaching and specialised equipment for water safety classes for 100 persons with disabilities

Corporate News, Appointments

OCBC appoints veteran risk professional Carina Lee as new Group Chief Risk Officer

Ms Lee has been pivotal in building portfolio resilience as the Bank supports rising intra-ASEAN and ASEAN-Greater China flows.

CSR, Events & Sponsorships

OCBC commits S$500,000 to fund tuition for children from low-income families over five years

150 children who face academic challenges, will benefit from 8,000 hours of tuition delivered by OCBC staff volunteers and professional tutors.

Business Banking, Sustainability

OCBC aims to accelerate growth of 10,000 women-owned SMEs across its core markets by 2030

Building on the strong momentum in Singapore and Indonesia, the Bank has expanded its SME programme dedicated to women entrepreneurs to Hong Kong and Malaysia.

Corporate News, FinTech & Innovation, Business Banking

OCBC adds US commercial paper blockchain issuance capability to strengthen USD liquidity resilience

A US$1 billion digital US commercial paper programme has been established to provide a new short-term USD funding avenue for OCBC.

Human Resource

OCBC to equip leaders with coaching skills – the top priority skill for organisational growth

OCBC is the first bank to partner International Coaching Federation Singapore to deepen coaching capabilities.

Corporate News

OCBC Group First Half 2025 Net Profit at S$3.70 billion

Interim dividend of 41 cents declared.

FinTech & Innovation

OCBC deepens research in Quantum Technology with NUS, NTU and SMU

This is the first time that a local bank is partnering three Singapore universities to advance quantum research.

Consumer Banking, Wealth Management

OCBC's Next-Gen Programme returns with stronger entrepreneurial focus and broader international participation

A fifth of this year’s participants join from Indonesia for the first time, leveraging OCBC’s One Group strategy across its core markets

Corporate News

OCBC appoints Tan Teck Long as Group Chief Executive Officer, succeeding Helen Wong

As part of a smooth transition over the next 6 months, Mr Tan – who has been Head of Global Wholesale Banking since joining OCBC in March 2022 – will with immediate effect assume the additional role of Deputy CEO.

Corporate News

OCBC statement on the approval of Great Eastern Holdings’ resolutions B and C

OCBC had said on 23 June 2025 that, regardless of the outcome of the Great Eastern Extraordinary General Meeting, it would be satisfied with its 93.72% economic interest in Great Eastern.

Business Banking

OCBC expands serial entrepreneur coverage regionally with loan target of $5 billion by 2028

Building on the strong momentum in Singapore, the Bank has launched its  serial entrepreneur proposition in Malaysia and plans to roll it out in Hong  Kong and Indonesia.

CSR, Events & Sponsorships

OCBC supports Singapore Aquatics with $1 million sponsorship to launch new swimming framework

The new framework, SwimSingapore presented by OCBC, aims to engage 500,000 participants across the segments over the next five years, build water confidence, promote water safety, and unlock sporting potential  among Singaporeans

Consumer Banking, fintech & Innvocation, FinTech & Innovation

OCBC launches Smart Text resizing in app for seniors in English and Mandarin

Come end-July 2025, OCBC app will let seniors and users with sight challenges choose larger text sizes in English and Mandarin, advancing digital banking inclusivity

Sustainability

DBS, OCBC and UOB launch first-of-its-kind report to understand the potential financial implications of nature-related risks

Industry-wide effort, in partnership with the University of Cambridge Institute for Sustainability Leadership, to help banks identify, assess and measure nature-related risks

Corporate News

Clarification on media report regarding OCBC’s future offer for Great Eastern shares

OCBC's exit offer is final and it has no intention to launch another offer in the foreseeable future.

Business Banking

OCBC has committed over RM11 billion in financing to businesses in Johor to support the Johor-Singapore Special Economic Zone (JS-SEZ)

Group expects to provide at least another RM3 billion in financing by year-end.

Corporate News

OCBC backs Great Eastern’s delisting proposal with S$0.9 billion conditional exit offer

Offer to help Great Eastern resolve 11-month suspension in share trading, providing its shareholders an exit at a fair and reasonable price.

FinTech & Innovation, Business Banking

OCBC partners ANT International to bring embedded finance to entrepreneurs and SMEs in Indonesia

OCBC partners Ant International to deliver embedded finance in Indonesia, expanding SME access to credit, digitisation and growth opportunities.

Business Banking, Appointments

OCBC refreshes Global Wholesale Banking leadership for next growth chapter

Ms Elaine Heng, presently the Group Chief Strategy and Transformation Officer, will succeed Mr Linus Goh as Head of Global Commercial Banking. Mr Goh will retire on 30 September 2025.

Corporate News

OCBC expands securities business with integration into Global Markets division

The move is aimed at driving growth in high net worth and institutional customer segments.

Human Resource

OCBC Group First Quarter 2025 Net Profit Up 12% from the Previous Quarter to S$1.88 billion

The Group demonstrated a resilient quarter-on-quarter performance, largely driven by broad-based growth across fee, trading and insurance income.

CSR, Events & Sponsorships

OCBC Cycle 2025 is going virtual

All who have signed up will get full refunds. Mass ride participants can take part in virtual ride formats for free

Business Banking

OCBC partners UK's Office of Investment to drive sustainable foreign direct investments in to the UK

Tapping on its expertise in sustainable and green finance, the Bank aims to fund S$17 billion (£10 billion) by 2030.

CSR, Events & Sponsorships

OCBC donates $50,000 to support emergency relief efforts in Myanmar

OCBC will donate $50,000 to provide humanitarian assistance to communities in Myanmar, the epicentre of the earthquake.

CSR, Events & Sponsorships

OCBC commits over S$2 million to a holistic programme for seniors

The three-year OCBC SeniorCare programme will benefit more than 180,000 seniors across four essential pillars: Health, Wealth, Literacy and Lifestyle.

Corporate News

OCBC Group Full Year 2024 Net Profit grew 8% to a Record S$7.59 billion

S$2.5 billion capital return over two years

CSR, Events & Sponsorships

OCBC Cycle launches 17th edition with a target of 7,000 riders

Ride formats continue to evolve alongside changing cyclists’ preferences. Attractive prizes have been specially curated to match cyclists’ interests for travel, cycling experience and gear.

Business Banking, Sustainability

OCBC and Enterprise Singapore launch new SME programme to spur climate action

The OCBC SME Start-ESG Programme comprises a grant for SMEs to obtain a baseline measurement of their sustainability performance, which is a pre-requisite for sustainability-linked loans.

Business Banking

Statement by Tan Teck Long, Head of Global Wholesale Banking, OCBC, on the signing of the Johor-Singapore Special Economic Zone deal

We welcome the signing of the Johor-Singapore Special Economic Zone (JS-SEZ) agreement by Malaysia and Singapore today.

FinTech & Innovation, Business Banking

OCBC is first bank in Singapore to avail bespoke tokenised bonds via asset tokenisation platform

Available to corporate accredited investors, these tokenised bonds are issued in S$1,000 denominations, facilitating portfolio diversification.

Business Banking

OCBC sets up dedicated teams to support SMEs in capturing opportunities in Johor-Singapore Special Economic Zone

Two teams of 25 experienced bankers in all will provide advisory services to help the SMEs start and grow their businesses, as well as connect them with suitable partners

Corporate News

DINKs trail parents on 8 out of 24 OCBC financial wellness index indicators

DINKs lag considerably behind parents on the retirement planning indicator.

Corporate News

OCBC Group Third Quarter 2024 Net Profit Rose 9% from the Previous Year to S$1.97 billion

Nine months 2024 net profit up 9% to a new high of S$5.90 billion

Consumer Banking, FinTech & Innovation

OCBC is first bank in Asia Pacific to enable near-instant peer-to-peer transfers to both Weixin Pay (WeChat Pay) and Alipay

Within two years, OCBC will enable payments into more than 50 digital wallets worldwide by partnering Visa Direct

FinTech & Innovation, Business Banking

OCBC forms strategic partnership with Ant International to enhance the efficiency of cross-border fund settlements through innovations in tokenised deposits

Collaboration will focus on achieving around-the-clock cross-border payments in real-time between Singapore and Malaysia, by leveraging Ant International’s Whale platform.

FinTech & Innovation, Business Banking

OCBC partners LTA to pilot blockchain-based conditional payment solution for construction projects

OCBC has deployed next-generation blockchain-based conditional payments to digitally transform LTA’s disbursement of mobilization advance payments to contractors.

FinTech & Innovation

OCBC leverages blockchain to become first Singapore bank with institutional intraday lending capability

This will enable the bank to deploy and maximise returns from its excess intraday liquidity.

Consumer Banking, FinTech & Innovation

OCBC MyOwn Account officially launches with target to open 100,000 accounts within one year

Close to 8,000 pre-registrations already secured

Consumer Banking

OCBC and Disney embark on regional five-year collaboration

OCBC brings special activities and products inspired by Disney, Pixar, Marvel and Star Wars to retail banking customers in Singapore, Malaysia and Indonesia

CSR, Events & Sponsorships

OCBC and NParks announce Singapore’s first seagrass restoration project to study seagrass and enhance conservation efforts

This is the fourth climate action project by OCBC, partnering NParks, to enhance carbon capture and carbon storage efforts.

Corporate News, FinTech & Innovation, Human Resource

OCBC To Invest $500 Million In Punggol Digital District

Investment comprises a new 430,000 sq ft innovation hub and a multi million-dollar strategic partnership with the Singapore Institute of Technology

Consumer Banking

OCBC brings Digital Banking to Generation Alpha with launch of OCBC MyOwn Account

This first-of-a-kind account by a bank in Singapore enables teenagers and older children aged seven to 15 to operate their own bank accounts under parental supervision.

Business Banking, Sustainability

CapitaLand Ascott Trust is the first lodging trust to secure OCBC 1.5°C loan

The performance targets for the S$165 million sustainability-linked facility are aligned with greenhouse-gas emissions reduction targets validated by the Science Based Targets initiative.

Corporate News

OCBC Group First Half 2024 Net Profit Up 9% to a Record S$3.93 billion

Interim dividend raised 10% to 44 cents, from 40 cents a year ago.

Consumer Banking

OCBC launches regional next-generation programme for high-net-worth-individual segment

This follows the success of next-generation programmes by OCBC ’s private banking arm Bank of Singapore.

Consumer Banking

OCBC launches first comprehensive financial and personal wellness programme for property agents

OCBC PartnerCare is designed for all 35,000 property agents in Singapore.

FinTech & Innovation

OCBC Securities to triple young active investors with launch of Singapore’s first AI stock-picker

Trading activity among young investors increased 50% during the pilot period with the use of A.I. Oscar’s stock ideas.

Consumer Banking

OCBC targets 10,000 elderly in expansion of Digital Silvers Programme beyond customers

OCBC will partner community centres to reach a wider group of elderly.

Corporate News

OCBC maintains Offer Price for Great Eastern at S$25.60

This Offer Price is final and will not be increased.

Human Resource

OCBC launches accelerated banking career programme for 500 polytechnic students over next three years

OCBC aims to double the Bank’s annual intake of fresh polytechnic graduates.

CSR, Events & Sponsorships

OCBC Cycle's two sold-out 40km mass rides signal continued enthusiasm in cycling

More than 6,200 cyclists took part in Singapore’s largest road cycling event in-person, with over 1,000 participants in the inaugural The Foldie Ride by Brompton.

CSR, Events & Sponsorships

Olympic-bound Chaiyasombat leads Thailand to glory at first OCBC Cycle Speedway SEA Championships since 2019

Paris Olympic-bound Thai cyclist Thanakan Chaiyasombat powering his country to victory in the OCBC Speedway SEA Championships.

Corporate News

OCBC Group First Quarter 2024 Net Profit Rose 22% from the Previous Quarter to a Record S$1.98 billion

The Group’s resilient quarter-on-quarter performance was driven by total income rising to a new quarterly high, strict cost discipline and lower allowances.

Corporate News

OCBC makes S$1.4 billion offer for Great Eastern

Move strengthens its business pillars of banking, wealth management and insurance, and reinforces its One Group approach, in line with its Corporate Strategy.

Corporate News

OCBC deepens Indonesia presence with completion of PT Bank Commonwealth acquisition

The acquisition brings more than 1.2 million PT Bank Commonwealth Indonesia customers to OCBC Indonesia

Consumer Banking

OCBC Eco-Care car loans surge over sixfold in 2023 compared to launch

OCBC has expanded the loan scheme to include electric vehicles up to 10 years old to meet growing demand.

Consumer Banking

OCBC’s fourth ETF listing reinforces strength of one group corporate strategy

The Lion-OCBC Securities APAC Financials Dividend Plus ETF is the world’s first ETF that tracks the APAC financial sector.

Consumer Banking

OCBC aims to quadruple number of cross-border QR payments in 2024

The goal of 250,000 transactions in 2024 comes after 2023’s strong performance due to a comprehensive suite of five cross-border QR payment platforms available on the OCBC Digital app

Business Banking, Sustainability

OCBC launches programme for women entrepreneurs to support their growth and business ambitions

Designed to empower women entrepreneurs to scale their businesses, the programme encompasses tailored financing solutions,educational workshops and opportunities for networking and mentorship.

CSR, Events & Sponsorships

OCBC Cycle 2024 launches with the return of the Speedway Southeast Asia Championship

A new 40km category for foldable bikes will debut this year in view of its surging popularity.

Corporate News

OCBC Full Year 2023 Net Profit Rose 27% to a Record S$7.02 billion

2023 full year dividend raised to 82 cents, up 21% from 68 cents in 2022.

Corporate News, Appointments

OCBC forms new division to further strengthen strategic focus on growth into the future

Group Strategy, Innovation and Sustainability will be helmed by Ms Elaine Heng, who innovates with purpose as CEO of Retail Business and Deputy Group CEO at Singapore’s Fairprice Group.

Human Resource

OCBC to give one-off support totalling S$9 million to 14,000 junior employees globally

OCBC today announced that a one-off support, totalling close to S$9 million, will be given to junior employees globally.

Corporate News

OCBC extends money lock anti-scam security feature to Time Deposits

In two months, over 30,000 customers have used OCBC Money Lock on more than 33,000 accounts. The total amount locked exceeds S$3.3 billion.

Corporate News, Business Banking, Appointments

OCBC bolsters China leadership with appointment of new Head of Corporate Banking

OCBC has appointed Mr Seth Tan (陈庆辉 先生) as the Head of Corporate Banking for OCBC China (华侨银行中国 企业银行部总经理) with effect from 15 January 2024.

Corporate News, Appointments

CDL secures OCBC 1.5°C Loan – Singapore’s first net zero-aligned loan for corporates to drive transition to a low-carbon economy

The OCBC 1.5ºC Loan is Singapore’s first net zero-aligned loan for corporates to drive transition to a low-carbon economy

Corporate News, Appointments

OCBC continues its leadership renewal with appointment of new CEO for its Hong Kong entity

Recently-appointed Greater China head will also be CEO of OCBC Hong Kong to consolidate leadership for the region

Consumer Banking, FinTech & Innovation

OCBC rolls out Money Lock anti-scam security feature

Funds locked in existing accounts cannot be digitally used or moved. Unlocking can only be done at an OCBC ATM or branch.

Corporate News

Three international start-ups win OCBC Sustainability Innovation Challenge 2023, to pilot solutions with TotalEnergies

This year’s Challenge shines the spotlight on innovative solutions around renewable energy and sustainable mobility.

Corporate News

OCBC Group Third Quarter 2023 Net Profit Rose 21% from the Previous Year to S$1.81 billion

Nine months 2023 net profit up 32% to new high of S$5.40 billion

Corporate News

Fifth OCBC Financial Wellness Index dips to 60, lowest since inception

Given ongoing economic challenges since the outbreak of Covid-19, the annual OCBC Financial Wellness Index recorded its second consecutive dip to an all-time low of 60.

CSR, Events & Sponsorships

OCBC and Care Corner Singapore launch programme to address social isolation amongst seniors

More than 1,000 OCBC staff volunteers will engage 3,500 seniors over 12 months with planned social activities

FinTech & Innovation

OCBC is first Singapore bank to roll out generative AI chatbot to all employees globally

The roll-out of the chatbot looks to build on the productivity gains that the Bank has achieved with several other generative AI productivity tools it has introduced.

Corporate News, Appointments

OCBC announces key leadership changes as its ASEAN-Greater China strategic thrust intensifies

Seasoned OCBC bankers take on expanded roles, reflecting the Group’s deep bench strength

Business Banking

OCBC joins HKEX’S OTC Clear as demand for HKD and CNH derivatives grow

This is to meet increasing demand for hedging products. Total volume of HKD and CNH cross-currency swaps transacted in 1H2023 was more than 50% higher year-on-year.

Business Banking

OCBC joins LCH SwapClear as direct clearing member

Strong demand for corporate loans to support growth in ASEAN and Greater China have driven demand for interest rate swaps.

Consumer Banking

OCBC is first bank in Singapore to offer global cross-border payments via Alipay+

OCBC Singapore customers can now scan and pay at Alipay+ merchants in Malaysia and South Korea using the OCBC Digital app; they will be able to do so in Mainland China from 22 September 2023.

Consumer Banking

OCBC’s largest lifestyle branch at Wisma Atria in Orchard celebrates first anniversary with new partner Baristart Coffee

OCBC Wisma Atria – the bank’s largest integrated lifestyle and banking branch – is welcoming new lifestyle partners in celebration of its first anniversary.

FinTech & Innovation, Business Banking

OCBC’s anti-malware security feature prevented losses of over S$2 million within one month of launch

The security feature, available in versions 18.1 and above of the OCBC Digital app for Android, has prevented losses from more than 30 customers to date .

FinTech & Innovation, Business Banking

OCBC avails digital invoice financing on SESAMi to Singapore government vendors using InvoiceNow

Same-day loan approval gives immediate access to capital to SMEs.

Human Resource

OCBC awards 11 bond-free scholarships in Singapore

OCBC remains one of the very few in the private sector to offer bond-free scholarships to help outstanding individuals pursue their dreams, with over 600 recipients since the 1950s.

Corporate News

OCBC Group half year 2023 net profit rose 38% to a record S$3.59 billion

Interim dividend raised to 40 cents, up 43% from 28 cents a year ago.

Consumer Banking

OCBC expands cross-border payment options with UnionPay QR feature

OCBC customers will be able to pay UnionPay QR-enabled merchants in 47 markets by using the OCBC Digital app.

Appointments, Sustainability

OCBC creates Chief Sustainability Officer role to accelerate sustainability efforts

Together with the set-up of the Board Sustainability Committee in February 2023, OCBC significantly increases its focus on sustainability. Sustainable finance veteran, Mr Mike Ng, will assume the Group CSO role on 1 August 2023.

Business Banking, Sustainability

Frasers Centrepoint Trust taps OCBC’s green financing solution to accelerate Tampines 1 mall’s move towards carbon-neutrality

FCT is first in Singapore to collaborate with OCBC on its green loan offering with carbon credits, which will enable Tampines 1 to progress towards carbon-neutral status encompassing all energy-related emissions

Corporate News

OCBC unifies brand, solidifying One Group strategy to accelerate ASEAN-Greater China growth

OCBC has unveiled a unified brand across its core markets, solidifying its One Group approach to capitalise on the sizeable ASEAN-Greater China opportunity.

Consumer Banking, FinTech & Innovation

OCBC is the first Singapore bank to enable fully digital account opening for foreigners

Consumers from OCBC’s key markets who are relocating to Singapore can open an account remotely via the OCBC Digital app

CSR, Events & Sponsorships

OCBC Cycle virtual ride powers to the finishing line with over 64000 km completed by close to 400 cyclists

The fourth year of OCBC Cycle Virtual Ride ended yesterday with 397 participants completing over 64,000 km. The conclusion of the virtual rides wraps up this year’s OCBC Cycle, which saw the successful completion of the first full-scale event earlier in May since the pandemic impacted mass sports participation events three years ago.

Business Banking

OCBC Bank enters partnership with digital exchange ADDX; first product launched is a tokenised equity-linked structured note

First product launched is a tokenised equity-linked structured note.

CSR, Events & Sponsorships

OCBC launches first-of-its-kind social uplift programme to help low-income families

OCBC has partnered the Ministry of Social and Family Development (MSF) to introduce a first-of-its-kind social uplift programme to proactively provide targeted help to 100 lower-income families with children living in rental flats.

Business Banking, Sustainability

OCBC unveils decarbonisation targets for six sectors to achieve Net Zero financed emissions by 2050

Power, Oil and Gas, Real Estate, Steel, Aviation and Shipping represent the most greenhouse gas emission intensive sectors that OCBC finances.

Corporate News

OCBC Group first quarter 2023 net profit up 39% from the previous year to a record S$1.88 billion

Group net profit increases 44% to quarterly high, with return on equity rising to 14.7%.

CSR, Events & Sponsorships

OCBC Cycle resumes in full scale after three years

Close to 7,300 cyclists gathered at the Singapore Sports Hub on 6 and 7 May to ride in the nation’s marquee cycling event, OCBC Cycle 2023. This marks the first full-scale OCBC Cycle event since 2019 when the pandemic disrupted large-scale sports events and the 2022 edition was limited to 2,000 cyclists joining in person.

CSR, Events & Sponsorships

More than 20 cycling teams race for glory at OCBC Cycle Speedway Championships

Allied World Quantum Racing A and OCBC Bank emerged victorious at the OCBC Cycle Speedway Championships at the Singapore Sports Hub today. On OCBC Cycle’s 15th anniversary, more than 20 teams took part in the annual event’s Speedway Championships, a mainstay in Singapore’s cycling competition calendar.

Consumer Banking

OCBC Digital Silvers programme expanded to equip 2,000 more elderly customers with digital banking skills

To achieve this target, the bank will leverage all 30 of its personal banking branches islandwide – up from 10 branches last year – with multiple workshops running every week.

Business Banking, Sustainability

OCBC Bank and RHB Banking Group collaborate on two sustainability-linked solutions

RHB strengthens ESG ambitions with two sustainability-linked solutions from OCBC Bank – a 2-year S$150 million sustainability-linked loan and cross currency swap, and a S$100 million sustainability-linked loan.

Corporate News, FinTech & Innovation

OCBC Bank launches OCBCx65Chulia in Decentraland to redefine access to banking

Designed to extend the bank’s digital reach, OCBCx65Chulia integrates a heritage museum and banking lobby in one immersive and interactive space.

Consumer Banking, Sustainability

OCBC Bank extends over S$3.5 billion in OCBC Eco-Care Loans in two years since launch

Eco-Care Loans account for 1 in 5 home, renovation, and car loans. This demand reflects Singaporeans’ desire to adopt greener lifestyles.

Corporate News

OCBC Bank officially opens Wuhan branch in China

The expansion of OCBC Bank’s Greater China network, with the addition of Wuhan Branch, will strengthen its ASEAN-Greater China trade and investment proposition.

Business Banking, Sustainability

OCBC Bank introduces Singapore’s first net-zero-aligned loan for corporates to drive transition to a low-carbon economy

This new financing solution aims to incentivise corporates to commit to internationally recognised, science-based net-zero decarbonisation pathways.

Corporate News

OCBC Bank, TTAB, BFSU to curate first industry training programme to enhance job matching for technology roles in banking industry

OCBC Bank, Tech Talent Assembly and Banking and Financial Services Union sign MOU to equip tech workers with focused skills training.

CSR, Events & Sponsorships

OCBC Cycle 2023 attracted more than half of its target participants in just three weeks

3,800 participants have registered for Singapore’s marquee cycling event to date, with 60 per cent being first-time participants

Corporate News

OCBC Group Full Year 2022 net profit rose 18% to a record S$5.75 billion

Fourth quarter net profit up 34% from a year ago to S$1.31 billion. 2022 full year dividend at 68 cents, increased 28% from the previous year.

Insights

Keep a cool head when investing in Chinese equities

After a sharp sell-off starting in February 2021 that spanned nearly 18 months, Chinese stock markets have staged a spectacular rebound. Investors are excited.

CSR, Events & Sponsorships

OCBC Cycle 2023 returns with the first full-scale event in three years with 7,000 cyclists expected to join

OCBC Cycle 2023 will return on 6 and 7 May 2023, where 7,000 cyclists are expected to take part in-person at the nation’s marquee cycling event.

Consumer Banking

OCBC Bank opens its largest integrated lifestyle and banking branch even as digital banking continues to pick up steam

The 20,000 sqft branch at Wisma Atria, Orchard Road, draws customers with its strong retail mix and design for complex banking needs and high-value wealth management decisions.

Corporate News

Fourth OCBC Financial Wellness Index finds young crypto investors still keen on cryptocurrencies despite crash

Market uncertainty, inflation and soaring interest rates impacted Singaporeans’ financial wellness, with this year’s OCBC Financial Wellness Index dropping to 61, reversing last year’s gains.

Appointments

OCBC Bank appoints new Group Chief Risk Officer

The new appointment takes effect from 1 January 2023.

Corporate News, FinTech & Innovation

OCBC Bank and NTU Singapore to embark on a S$5 million research collaboration

The five-year research collaboration will deep dive into developing innovative technological solutions in sustainability, data privacy and cyber security.

Corporate News, Business Banking

OCBC Bank is first in Singapore to leverage digital passport authentication in its ‘Know-Your-Customer’ process when opening a business account

The use of this authentication technology will provide a more secure and seamless remote verification process.

Corporate News

OCBC Group third quarter 2022 net profit up 31% from the previous year to a new high of S$1.60 billion

Nine months 2022 net profit rose to a record S$4.44 billion

Consumer Banking

OCBC Bank to raise flagship OCBC 360 account interest rates to all-time high

Customers can earn interest of 4.65% p.a. on the first S$100,000 in their bank account by tapping on just three of the account’s six bonus interest categories – Salary, Save and Spend. Adding on bonus interest from the Wealth (Insure) and Wealth (Invest) categories increases this to 7.65% p.a.

Sustainability

NParks partners OCBC Bank in Singapore's first large-scale ecological mangrove restoration project at Pulau Ubin

With a contribution of $3 million, the OCBC Mangrove Park underscores OCBC’s commitment to carbon storage efforts to mitigate climate change

Corporate News, Sustainability

OCBC Bank joins Net-Zero Banking Alliance

The Bank has begun developing a systematic plan to achieve net zero by 2050 and aims to unveil, by first half of 2023, its sectoral financed emission targets

Appointments

OCBC Bank Appoints New Head For Its Group Consumer Banking And Wealth Management Businesses

Mr Sunny Quek will assume new role with immediate effect

Sustainability

OCBC Bank's Community Urban Farm Is The First In the Central Business District

The 140kg of vegetables to be harvested annually atop a carpark will yield 3,000 meal portions for the less privileged in Singapore

Appointments

OCBC Bank Appoints New Group Chief Financial Officer

The new appointment takes effect from 1 November 2022

Sustainability, Awards

US-Based Enexor Bioenergy and Singapore's Tria Win Inaugural OCBC Sustainability Innovation Challenge To Pilot Waste-to-Energy and Closed-loop catering solutions at SATS

The winners will receive up to S$80,000 each to begin the pilots in Singapore between Q4 2022 and Q1 2023, with the goal of eventually scaling across SATS’ network

Consumer Banking

OCBC Digital Silvers Programme Launched at Heartland Branches to Upskill 400 Elderly Customers within a year

They will be taught one-on-one by branch staff about digital banking and payments, as well as scam spotting and avoidance

Consumer Banking

OCBC Bank Enhances 360 Account Interest Rates And Reinstates Spend Bonus Interest Category

Customers can now bank and earn a market-beating bonus interest of up to 4.05% p.a. on the first S$100,000 of their account balances

Sustainability

OCBC Bank and NUS collaborate on a nationwide electric vehicle adoption study

This will be Singapore’s largest dedicated study to understand the factors that best influence the adoption of electric vehicles.

Sustainability

OCBC Climate Index 2022 Finds that Singaporeans have not improved in many sustainable behaviours despite Governmental Push and Heightened Attention

Health, cost and convenience are key drivers of change across four main generations with baby boomers leading the pack in embracing climate actions

Business Banking

OCBC Bank-Govtech Developed National Digital Payment Service on LIFESG APP Saw 900,000 Transactions Totalling $41 Million in 9 Months

Launched in November 2021, the national digital payment service, jointly developed by GovTech and OCBC Bank, makes government payments in Singapore simpler, convenient and more sustainable.

Consumer Banking, FinTech & Innovation

OCBC bank is first to enable CPF account top-ups directly from digital banking platforms besides the CPF website

OCBC Financial Wellness Index 2021 revealed CPF as one of the top sources of funding for retirement, validated by the 30 per cent increase in CPF top-up transactions by OCBC Bank customers.

Corporate News

OCBC Group First Half 2022 Net Profit Rose 7% to New High of S$2.84 billion

Second quarter net profit up 28% from a year ago Interim Dividend of 28 cents per share declared

CSR, Events & Sponsorships

OCBC Bank to increase focus on skills-based volunteerism by committing to 30% year-on-year growth

The bank aims to set a new standard for corporate responsibility efforts beyond donations of money and food, to truly help uplift the disadvantaged segments in society

Corporate News

OCBC Bank appoints new Group Data Head as it intensifies digital transformation efforts

OCBC Bank announced today that it has appointed Donald MacDonald as its first Head of Group Data Office with effect from 1 June 2022, a newly created role to drive the Bank’s data strategy and establish OCBC as a leading data-driven organisation in the region.

CSR, Events & Sponsorships

OCBC Cycle 2022 comes to a close with virtual rides attracting close to 3,700 cyclists

The virtual rides of OCBC Cycle 2022 concluded yesterday, with over 3,700 participants this year.

CSR, Events & Sponsorships, Sustainability

OCBC Bank launches global Sustainability Innovation Challenge to pilot waste management and reduction solutions at SATS

OCBC Bank has partnered its corporate customer SATS, a leading food solutions provider, to launch the inaugural OCBC Sustainability Innovation Challenge.

Sustainability

#OCBCCARES Environment Fund to finance two ground-up solutions tapping the growing demand for vending machines in Singapore to tackle plastic waste issues

Filling the funding gap in EB Impact’s Sustainability Exchange programme empowers youths to pilot and test winning solutions that can contribute towards Singapore’s sustainability agenda

Corporate News, Consumer Banking

Media statement in response to MAS’ supervisory action after its review of OCBC Bank’s handling of the SMS phishing scam impersonating the bank

Corporate News, Sustainability

OCBC Bank to invest more than S$25 million to reduce its global carbon footprint

OCBC Bank will invest more than S$25 million in decarbonisation efforts in Singapore, Malaysia and Greater China.

CSR, Events & Sponsorships

2,000 cyclists join first in-person mass participation event in two years

2,000 cyclists took part in the City Ride of the OCBC Cycle today – the first in-person mass participation event since the latest easing of Covid-19 measures two weeks ago.

CSR, Events & Sponsorships

In-person racing returns at OCBC Cycle after two-year hiatus

The OCBC Cycle Speedway Championships returned to the Singapore Sports Hub this weekend for an action-packed day of racing, after a two-year hiatus during the Covid-19 pandemic.

Business Banking, Sustainability

OCBC Bank and MetaVerse Green Exchange to develop new green financing solutions with tokenised carbon credits

This partnership between the two Singapore firms aims to help accelerate corporates’ journey to carbon neutrality.

Sustainability

OCBC Securities and Lion Global Investors list Singapore's first low-carbon ETF

The Lion-OCBC Securities Singapore Low Carbon ETF offers investors the opportunity to do good for the environment and their investment portfolios

FinTech & Innovation, Human Resource

OCBC Group to hire 1,500 tech talents over next three years to accelerate digital transformation

The 1,500 people to be hired will fill in-demand tech positions such as application developers, cybersecurity experts, blockchain specialists and data scientists.

CSR, Events & Sponsorships

OCBC Cycle 2022 to welcome up to 2,000 cyclists in person on closed roads

After a two-year hiatus, OCBC Cycle 2022 is back at Singapore Sports Hub for both competitive and non-competitive rides while keeping the virtual component.

Consumer Banking

OCBC Bank rolls out emergency kill switch so customers can freeze all accounts if scammed

Consumer Banking

Statement by OCBC Bank on update of goodwill payouts relating to the SMS phishing scam

Consumer Banking

Media Statement on anti-scam security measures

Consumer Banking

Media Response on full goodwill payout to all victims of SMS phishing scam impersonating OCBC Bank

Corporate News, Consumer Banking

OCBC Bank has been making goodwill payouts to victims of the recent SMS phishing scam since 8 January 2022

Each case has to be reviewed and validated thoroughly

Consumer Banking

OCBC Bank advises public against SMS phishing scams impersonating the bank

OCBC Bank has seen a sharp rise in the number of 'smishing’ (phishing via SMS) scams impersonating the Bank over the past few weeks.

FinTech & Innovation, Human Resource

OCBC Bank and Ngee Ann Polytechnic co-design tech internship to tackle talent shortage in the financial sector

The one-year curated internship represents a new industry-in-curriculum pathway and opens the door for full-time employment with the bank upon graduation.

Business Banking, Sustainability

OCBC Bank closes sustainability-linked cross-currency swap with Cromwell European REIT

The deal marks the first time the Bank has executed a sustainability-linked derivative with a European client and expands its sustainable finance portfolio to the global market.

Sustainability

OCBC Bank adopts Poseidon Principles to accelerate decarbonisation of shipping sector

OCBC Bank has joined leading global banks to become the first in Southeast Asia to adopt the Poseidon Principles, a globally recognised framework that guides how the Bank determines, assesses and manages the climate alignment of its ship finance portfolio to support the shipping industry’s targets of reducing carbon emissions by at least 50% by 2050.

Insights

Reimagining wealth management to thrive in the new normal

Asia’s wealth management landscape is changing dramatically. Shifting customer preferences, new competitive and regulatory trends, innovative digital-led business models are all coming together in a perfect storm, creating a ‘new normal’ for wealth management, and its consumers and advisors.

Consumer Banking, Insights

Reimagining wealth management to thrive in the new normal

Asia’s wealth management landscape is changing dramatically. Shifting customer preferences, new competitive and regulatory trends, innovative digital-led business models are all coming together in a perfect storm, creating a ‘new normal’ for wealth management, and its consumers and advisors.

Consumer Banking, FinTech & Innovation

OCBC Bank enables the instant purchase of gold and silver digitally

Within a week of its launch, OCBC Bank customers bought more than S$1 million worth of precious metals via the OCBC Digital mobile banking app

Consumer Banking, FinTech & Innovation

OCBC Bank enables the instant purchase of gold and silver digitally

Within a week of its launch, OCBC Bank customers bought more than S$1 million worth of precious metals via the OCBC Digital mobile banking app

Consumer Banking, Insights

The Covid-19 pandemic has made many Singaporeans adopt better financial habits

The third OCBC Financial Wellness Index found that digital acceleration from the pandemic saw close to half of Singaporeans across all age groups leveraging financial digital tools for financial planning and investing

Consumer Banking, Insights

The Covid-19 pandemic has made many Singaporeans adopt better financial habits

The third OCBC Financial Wellness Index found that digital acceleration from the pandemic saw close to half of Singaporeans across all age groups leveraging financial digital tools for financial planning and investing

Corporate News, Insights

The Covid-19 pandemic has made many Singaporeans adopt better financial habits: OCBC Financial Wellness Index 2021

The third annual survey found that digital acceleration from the pandemic saw close to half of Singaporeans across all age groups leveraging financial digital tools for financial planning and investing

Business Banking, Sustainability

OCBC Bank extends green loan to first property development leveraging BCA's new building energy efficiency assessment tool

The green loan was issued to Fairview Development Private Ltd, a unit of leading Singapore-based developer, Tong Eng Group, for its first energy-efficient residential project qualified using the new national assessment tool

CSR, Events & Sponsorships, Sustainability

OCBC to back youth projects supporting Singapore Green Plan

OCBC Bank once again partners Eco Business to advance Singapore’s green interests through its Sustainability Exchange programme

Wealth Management

OCBC Bank’s Hong Kong subsidiary partners China’s Ping An Bank to provide two-way Wealth Management Connect services

The highly-anticipated cross-boundary investment scheme by China is estimated to generate about S$670 million worth of wealth fees a year and is seen as a test-bed for more relaxation to China’s capital controls.

Consumer Banking

OCBC bank launches one-stop travel site and travel credit card as Singapore re-opens tourism

OCBC bank goes beyond banking to set up a one-stop travel site specially dedicated to attractively-priced hotel accommodation as well as booking of flights and car rentals

Business Banking, Sustainability

OCBC Bank launches first Sustainability-Linked Structured Deposit in Singapore

By adding to the diversity of sustainability-linked investment products, OCBC Bank is enabling customers to play their part to build a more sustainable world with their investments.

Appointments

OCBC Bank appoints Head of Global Wholesale Banking

OCBC Bank today announced the appointment of Mr Tan Teck Long as Head of Global Wholesale Banking, with effect from 15 March 2022.

Sustainability

OCBC Bank, partnering with Eco-Business, launches OCBC Climate Index to measure environmental sustainability awareness and climate action in Singapore

Eco-Business developed the approach and framework for the Index. OCBC Bank developed the research methodology.

Corporate News

OCBC Group First Half 2021 Net Profit rose 86% to S$2.66 billion from S$1.43 billion a year ago

Interim dividend of 25 cents declared

FinTech & Innovation, Business Banking

GuocoLand, OCBC Bank and Doxa to pilot first end-to-end digital procurement and payments workflow solution for built environment ecosystem

Enterprise digital platform streamlines procurement and payments workflow processes by connecting all parties in the real estate value chain.

FinTech & Innovation

OCBC Bank is first to integrate with IRAS’s payment API to enable direct payment of taxes via digital banking

The new feature enables customers to have a seamless review and payment of taxes within a single digital platform

Business Banking

Singapore SME recovery continues in Q2 despite tighter COVID-19 measures: OCBC SME Index

The impact of the Heightened Alert measures in May and June was mitigated as Singapore SMEs were better prepared for the disruptions, having adapted their businesses after the Circuit Breaker last year.

Business Banking, Sustainability

Fortune REIT obtains sustainability-linked loan of HK$1.5 billion from OCBC Bank

OCBC Bank is the sole lender for the transaction.

Wealth Management

Lion Global Investors and OCBC Securities list Singapore's first China focused dividend-pay ETF

The Lion-OCBC Securities China Leaders ETF captures the growth potential of 80 of the largest Stock Connect Chinese companies listed on the Stock Exchanges of Shanghai, Shenzhen and Hong Kong.

Human Resource

OCBC Bank rolls out comprehensive sustainability training as it adds more than 50 new jobs in ESG push

To meet the surge in demand for sustainability-related roles as the Bank accelerates its sustainability drive, all 30,000 employees will have the opportunity to attain at least basic knowledge of sustainability in a structured manner, with those in sustainability-related roles expertly trained.

Business Banking, Sustainability

Joint ventures between Allgreen Properties Ltd and Kerry Properties Ltd secure S$861.75 million green loan from DBS, Maybank and OCBC Bank

The proceeds will be used to finance a mixed-use development project comprising a retail mall and residential development, known as Pasir Ris 8.

CSR, Events & Sponsorships

OCBC Cycle 2021's Virutal Ride crosses finish line, sees increased interest from inaugural event in 2020

The second edition of the OCBC Cycle Virtual Ride wrapped up yesterday (4 July) with more than 6,100 cyclists participating in this year’s event. This marked an almost 30% increase in participants from last year’s inaugural event.

Corporate News, FinTech & Innovation, Appointments

OCBC Bank creates new role to drive and accelerate transformation

Mr. Lim Khiang Tong is appointed Group Chief Operating Officer.

Corporate News

OCBC Bank is first bank in Asia to complete transition of its Sterling covered bonds' interest rate benchmark

The move is in line with the cessation of GBP LIBOR by the end of 2021 and the switch to SONIA.

Business Banking, Sustainability

OCBC closes sustainability-linked swap with Far East Hospitality Trust

With the Bank’s aim to grow its sustainable finance portfolio and lead the drive to a more sustainable economy, bringing sustainability into the world of derivatives is the latest way of incentivising businesses to achieve their climate change goals.

Insights

Opportunities favour the brave

Insights

Millennials to drive the ESG investing revolution

Millennials, the largest generation in history, with an estimated population in excess of two billion, are clearly a major force to be reckoned with.

Business Banking

OCBC Bank is first to leverage Visa Commercial Pay Mobile as part of its inaugural virtual purchasing card offering

OCBC Bank ups the ante with its virtual commercial card offering with the integration of the first-of-its kind mobile employee payment solution for corporates.

Business Banking

Green shoots in healthcare and transport lead broad-based recovery for SMEs in 1Q 2021: OCBC SME Index

SME cashflows return to pre-circuit breaker levels though challenges remain in several industries. The OCBC SME Index is the first data-driven SME-focused index in Singapore based on SME transactional data.

Corporate News

OCBC Bank Appoints Ivy Au-Yeung as Chief Executive of OCBC Wing Hang Bank in Hong Kong

Ms Au-Yeung will report to the Group CEO of OCBC Bank, Ms Helen Wong. Mr Na Wu Beng, the current Chief Executive, is retiring on 19 May 2021.

Human Resource, Insights

Banking on a Resilient Workforce

When Covid-19 started to change the world, we were able to implement a quick and smooth transition into the new normal. In his interview for the Human Capital Partnership (HCP) E-Bulletin Cover Story (April to June 2021 edition), Jason Ho, our Head of Group HR shared how OCBC Bank built its workforce into one that is resilient and relevant in a world of fast change and inevitable crises.

Business Banking, Sustainability

Sun Venture obtains £85.5 million green loan financing from OCBC Bank

OCBC Bank is the sole lender and green loan advisor for this transaction. The green loan was extended under Sun Venture’s existing Green Loan Framework which was developed with OCBC Bank for its maiden green loan in 2019

Business Banking, Sustainability

OCBC Bank extends Wilmar a three-year US$150 million sustainability-linked loan

OCBC Bank and Wilmar had previously collaborated on a US$200 million sustainability-linked loan in 2018.

Consumer Banking

Singapore's first 'Eco Care' home and renovation loan to incentivise eco-friendly customers with lower interest rates and rewards

OCBC Bank launches Singapore’s first eco-friendly retail loans for residential property purchases and renovation.

Business Banking, Sustainability

Far East Hospitality Trust secures maiden sustainability-linked loan facility of S$125 million from OCBC Bank

The loan’s interest margin are tied to selected sustainability targets that were set together with OCBC Bank, the sole lender for the transaction.

CSR, Events & Sponsorships

OCBC Cycle 2021 to bring the thrill of road racing after two-year hiatus due to Covid-19

The 13th edition of OCBC Cycle will feature a hybrid format of on-site races and mass virtual rides with new distances of 100km and 200km

Sustainability

Food from the Heart and OCBC Bank launch second shop-for-free Community Shop in Boon Lay to offer wider food choices to families in need

- With the additional donation of $200,000 for the shop at Boon Lay, OCBC Bank’s support for the Community Shop programme now stands at $500,000 - Survey conducted by FFTH shows 98% of respondents prefer the shop-for-free concept over other food support programmes, with freedom of choice as their top reason

Business Banking, Sustainability

Manulife US REIT partners DBS and OCBC Bank on maiden sustainability-linked loan

This US$250 million sustainability-linked loan comes on the back of Manulife US REIT's inaugural green loan which we extended last year, after developing their green loan framework.

Sustainability

FFTH and OCBC Bank launch second Community Shop

With the additional donation of $200,000 for the shop at Boon Lay, OCBC Bank’s support for the Community Shop programme now stands at $500,000

Insights

The global markets one year on in pandemic: Is the best yet to be?

One year after global equities took a huge hit due to the pandemic, the global economic recovery is on track to gradually return to pre-pandemic levels.

Consumer Banking

OCBC Bank is first in Southeast Asia to enable face verification for ATM banking transactions

From tomorrow, OCBC Bank customers will be able to check account balances at selected ATMs using face verification. This will be rolled out progressively to all 550 OCBC Bank ATMs in Singapore for cash withdrawals and other ATM services.

Business Banking, Sustainability

Gold Ridge bags S$900 million green loan from DBS, OCBC Bank and UOB for NEX mall

This deal marks Gold Ridge’s first foray into sustainable finance.

Consumer Banking

OCBC Bank launches ‘ECO-CARE’ car loan package for purchase of electric vehicles

In addition to lower loan interest rate, eligible customers can enjoy up to 18 months of free charging and free installation of charging station

Insights, Sustainability

Three reasons why a greener economy is achievable

Insights

Three reasons why a greener economy is achievable

Government support, sustainable finance, economic viability of green projects will help pave way

Business Banking

For SMEs that have gone digital, the new challenge is to be deeply digital

Pandemic pushed many to go digital; they now have the opportunity to mine the possibilities of the new currency of digitalisation: data.

Business Banking, Sustainability

Time for Singapore's SMEs to prioritise sustainability

With grant support and green financing options, even small businesses can pivot to get ready.

Corporate News

OCBC Group Fourth Quarter 2020 Net Profit Rose 10% to S$1.13 billion from the Previous Quarter

Full year 2020 net profit at S$3.59 billion

Business Banking, Sustainability

OCBC Bank and Charge+ form strategic partnership to 'green' Singapore's land transport sector

OCBC Bank and Charge+, an operator and provider of electric vehicle (EV) charging solutions, have entered into a strategic partnership to accelerate the ‘greening’ of Singapore’s land transport sector.

Business Banking, Sustainability

Mapletree Logistics Trust secures S$200 million green revolving credit facility from OCBC Bank

Mapletree Logistics Trust's first foray into sustainable finance, back in November 2019, was also supported by OCBC Bank through a S$200 million sustainability-linked loan.

Human Resource

OCBC Bank rolls out employee support programme for Covid-19 vaccine

Human Resource

OCBC Bank rolls out employee support programme for Covid-19 vaccine

Consumer Banking

OCBC Bank launches Singapore’s first consumer loan for residential solar panels

Exclusive partnership with Sembcorp Power enables landed property homeowners to adopt solar energy with greater ease.

Corporate News

OCBC appoints Ms Helen Wong as Group Chief Executive Officer, succeeding Mr Samuel Tsien