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CSR, Events & Sponsorships
OCBC and NParks announce Singapore’s first seagrass restoration project to study seagrass and enhance conservation efforts
27 Sep 2024This is the fourth climate action project by OCBC, partnering NParks, to enhance carbon capture and carbon storage efforts.
Read MoreCorporate News, FinTech & Innovation, Human Resource
OCBC To Invest $500 Million In Punggol Digital District
19 Sep 2024Investment comprises a new 430,000 sq ft innovation hub and a multi million-dollar strategic partnership with the Singapore Institute of Technology
Read MoreConsumer Banking
OCBC brings Digital Banking to Generation Alpha with launch of OCBC MyOwn Account
03 Sep 2024This 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.
Read MoreBusiness Banking, Sustainability
CapitaLand Ascott Trust is the first lodging trust to secure OCBC 1.5°C loan
06 Aug 2024The 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.
Read MoreCorporate News
OCBC Group First Half 2024 Net Profit Up 9% to a Record S$3.93 billion
02 Aug 2024Interim dividend raised 10% to 44 cents, from 40 cents a year ago.
Read MoreConsumer Banking
OCBC launches regional next-generation programme for high-net-worth-individual segment
22 Jul 2024This follows the success of next-generation programmes by OCBC ’s private banking arm Bank of Singapore.
Read MoreConsumer Banking
OCBC launches first comprehensive financial and personal wellness programme for property agents
08 Jul 2024OCBC PartnerCare is designed for all 35,000 property agents in Singapore.
Read MoreFinTech & Innovation
OCBC Securities to triple young active investors with launch of Singapore’s first AI stock-picker
18 Jun 2024Trading activity among young investors increased 50% during the pilot period with the use of A.I. Oscar’s stock ideas.
Read MoreConsumer Banking
OCBC targets 10,000 elderly in expansion of Digital Silvers Programme beyond customers
15 Jun 2024OCBC will partner community centres to reach a wider group of elderly.
Read MoreCorporate News
OCBC maintains Offer Price for Great Eastern at S$25.60
14 Jun 2024This Offer Price is final and will not be increased.
Read MoreHuman Resource
OCBC launches accelerated banking career programme for 500 polytechnic students over next three years
12 Jun 2024OCBC aims to double the Bank’s annual intake of fresh polytechnic graduates.
Read MoreCSR, Events & Sponsorships
OCBC Cycle's two sold-out 40km mass rides signal continued enthusiasm in cycling
12 May 2024More 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.
Read MoreCSR, Events & Sponsorships
Olympic-bound Chaiyasombat leads Thailand to glory at first OCBC Cycle Speedway SEA Championships since 2019
11 May 2024Paris Olympic-bound Thai cyclist Thanakan Chaiyasombat powering his country to victory in the OCBC Speedway SEA Championships.
Read MoreCorporate News
OCBC Group First Quarter 2024 Net Profit Rose 22% from the Previous Quarter to a Record S$1.98 billion
10 May 2024The Group’s resilient quarter-on-quarter performance was driven by total income rising to a new quarterly high, strict cost discipline and lower allowances.
Read MoreCorporate News
OCBC makes S$1.4 billion offer for Great Eastern
10 May 2024Move strengthens its business pillars of banking, wealth management and insurance, and reinforces its One Group approach, in line with its Corporate Strategy.
Read MoreCorporate News
OCBC deepens Indonesia presence with completion of PT Bank Commonwealth acquisition
02 May 2024The acquisition brings more than 1.2 million PT Bank Commonwealth Indonesia customers to OCBC Indonesia
Read MoreConsumer Banking
OCBC Eco-Care car loans surge over sixfold in 2023 compared to launch
15 Apr 2024OCBC has expanded the loan scheme to include electric vehicles up to 10 years old to meet growing demand.
Read MoreConsumer Banking
OCBC’s fourth ETF listing reinforces strength of one group corporate strategy
11 Apr 2024The Lion-OCBC Securities APAC Financials Dividend Plus ETF is the world’s first ETF that tracks the APAC financial sector.
Read MoreConsumer Banking
OCBC aims to quadruple number of cross-border QR payments in 2024
26 Mar 2024The 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
Read MoreBusiness Banking, Sustainability
OCBC launches programme for women entrepreneurs to support their growth and business ambitions
08 Mar 2024Designed to empower women entrepreneurs to scale their businesses, the programme encompasses tailored financing solutions,educational workshops and opportunities for networking and mentorship.
Read MoreCSR, Events & Sponsorships
OCBC Cycle 2024 launches with the return of the Speedway Southeast Asia Championship
05 Mar 2024A new 40km category for foldable bikes will debut this year in view of its surging popularity.
Read MoreCorporate News
OCBC Full Year 2023 Net Profit Rose 27% to a Record S$7.02 billion
28 Feb 20242023 full year dividend raised to 82 cents, up 21% from 68 cents in 2022.
Read MoreCorporate News, Appointments
OCBC forms new division to further strengthen strategic focus on growth into the future
27 Feb 2024Group 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.
Read MoreHuman Resource
OCBC to give one-off support totalling S$9 million to 14,000 junior employees globally
20 Feb 2024OCBC today announced that a one-off support, totalling close to S$9 million, will be given to junior employees globally.
Read MoreCorporate News
OCBC extends money lock anti-scam security feature to Time Deposits
25 Jan 2024In 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.
Read MoreCorporate News, Business Banking, Appointments
OCBC bolsters China leadership with appointment of new Head of Corporate Banking
24 Jan 2024OCBC 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.
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Sustainability
OCBC and Singapore Green Building Council launch inaugural Challenge to accelerate the development and use of sustainability solutions
06 Dec 2023Winners of the SGBC-OCBC Built Environment Decarbonisation Challenge will receive funding of up to $80,000 each to test their solutions at selected OCBC buildings.
Read MoreCorporate 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
04 Dec 2023The OCBC 1.5ºC Loan is Singapore’s first net zero-aligned loan for corporates to drive transition to a low-carbon economy
Read MoreCorporate News, Appointments
OCBC continues its leadership renewal with appointment of new CEO for its Hong Kong entity
29 Nov 2023Recently-appointed Greater China head will also be CEO of OCBC Hong Kong to consolidate leadership for the region
Read MoreConsumer Banking, FinTech & Innovation
OCBC rolls out Money Lock anti-scam security feature
27 Nov 2023Funds locked in existing accounts cannot be digitally used or moved. Unlocking can only be done at an OCBC ATM or branch.
Read MoreCorporate News
Three international start-ups win OCBC Sustainability Innovation Challenge 2023, to pilot solutions with TotalEnergies
17 Nov 2023This year’s Challenge shines the spotlight on innovative solutions around renewable energy and sustainable mobility.
Read MoreCorporate News
OCBC Group Third Quarter 2023 Net Profit Rose 21% from the Previous Year to S$1.81 billion
10 Nov 2023Nine months 2023 net profit up 32% to new high of S$5.40 billion
Read MoreCorporate News
Fifth OCBC Financial Wellness Index dips to 60, lowest since inception
08 Nov 2023Given 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.
Read MoreCSR, Events & Sponsorships
OCBC and Care Corner Singapore launch programme to address social isolation amongst seniors
01 Nov 2023More than 1,000 OCBC staff volunteers will engage 3,500 seniors over 12 months with planned social activities
Read MoreFinTech & Innovation
OCBC is first Singapore bank to roll out generative AI chatbot to all employees globally
24 Oct 2023The 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.
Read MoreCorporate News, Appointments
OCBC announces key leadership changes as its ASEAN-Greater China strategic thrust intensifies
18 Oct 2023Seasoned OCBC bankers take on expanded roles, reflecting the Group’s deep bench strength
Read MoreBusiness Banking
OCBC joins HKEX’S OTC Clear as demand for HKD and CNH derivatives grow
21 Sep 2023This 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.
Read MoreBusiness Banking
OCBC joins LCH SwapClear as direct clearing member
21 Sep 2023Strong demand for corporate loans to support growth in ASEAN and Greater China have driven demand for interest rate swaps.
Read MoreConsumer Banking
OCBC is first bank in Singapore to offer global cross-border payments via Alipay+
19 Sep 2023OCBC 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.
Read MoreConsumer Banking
OCBC’s largest lifestyle branch at Wisma Atria in Orchard celebrates first anniversary with new partner Baristart Coffee
14 Sep 2023OCBC Wisma Atria – the bank’s largest integrated lifestyle and banking branch – is welcoming new lifestyle partners in celebration of its first anniversary.
Read MoreFinTech & Innovation, Business Banking
OCBC’s anti-malware security feature prevented losses of over S$2 million within one month of launch
07 Sep 2023The 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 .
Read MoreFinTech & Innovation, Business Banking
OCBC avails digital invoice financing on SESAMi to Singapore government vendors using InvoiceNow
08 Aug 2023Same-day loan approval gives immediate access to capital to SMEs.
Read MoreHuman Resource
OCBC awards 11 bond-free scholarships in Singapore
07 Aug 2023OCBC 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.
Read MoreCorporate News
OCBC Group half year 2023 net profit rose 38% to a record S$3.59 billion
04 Aug 2023Interim dividend raised to 40 cents, up 43% from 28 cents a year ago.
Read MoreConsumer Banking
OCBC expands cross-border payment options with UnionPay QR feature
01 Aug 2023OCBC customers will be able to pay UnionPay QR-enabled merchants in 47 markets by using the OCBC Digital app.
Read MoreAppointments, Sustainability
OCBC creates Chief Sustainability Officer role to accelerate sustainability efforts
24 Jul 2023Together 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.
Read MoreBusiness Banking, Sustainability
Frasers Centrepoint Trust taps OCBC’s green financing solution to accelerate Tampines 1 mall’s move towards carbon-neutrality
06 Jul 2023FCT 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
Read MoreCorporate News
OCBC unifies brand, solidifying One Group strategy to accelerate ASEAN-Greater China growth
03 Jul 2023OCBC has unveiled a unified brand across its core markets, solidifying its One Group approach to capitalise on the sizeable ASEAN-Greater China opportunity.
Read MoreConsumer Banking, FinTech & Innovation
OCBC is the first Singapore bank to enable fully digital account opening for foreigners
22 Jun 2023Consumers from OCBC’s key markets who are relocating to Singapore can open an account remotely via the OCBC Digital app
Read MoreCSR, Events & Sponsorships
OCBC Cycle virtual ride powers to the finishing line with over 64000 km completed by close to 400 cyclists
06 Jun 2023The 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.
Read MoreBusiness Banking
OCBC Bank enters partnership with digital exchange ADDX; first product launched is a tokenised equity-linked structured note
24 May 2023First product launched is a tokenised equity-linked structured note.
Read MoreCSR, Events & Sponsorships
OCBC launches first-of-its-kind social uplift programme to help low-income families
22 May 2023OCBC 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.
Read MoreBusiness Banking, Sustainability
OCBC unveils decarbonisation targets for six sectors to achieve Net Zero financed emissions by 2050
16 May 2023Power, Oil and Gas, Real Estate, Steel, Aviation and Shipping represent the most greenhouse gas emission intensive sectors that OCBC finances.
Read MoreCorporate News
OCBC Group first quarter 2023 net profit up 39% from the previous year to a record S$1.88 billion
10 May 2023Group net profit increases 44% to quarterly high, with return on equity rising to 14.7%.
Read MoreCSR, Events & Sponsorships
OCBC Cycle resumes in full scale after three years
07 May 2023Close 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.
Read MoreCSR, Events & Sponsorships
More than 20 cycling teams race for glory at OCBC Cycle Speedway Championships
06 May 2023Allied 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.
Read MoreConsumer Banking
OCBC Digital Silvers programme expanded to equip 2,000 more elderly customers with digital banking skills
03 May 2023To 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.
Read MoreBusiness Banking, Sustainability
OCBC Bank and RHB Banking Group collaborate on two sustainability-linked solutions
02 May 2023RHB 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.
Read MoreCorporate News, FinTech & Innovation
OCBC Bank launches OCBCx65Chulia in Decentraland to redefine access to banking
05 Apr 2023Designed to extend the bank’s digital reach, OCBCx65Chulia integrates a heritage museum and banking lobby in one immersive and interactive space.
Read MoreConsumer Banking, Sustainability
OCBC Bank extends over S$3.5 billion in OCBC Eco-Care Loans in two years since launch
27 Mar 2023Eco-Care Loans account for 1 in 5 home, renovation, and car loans. This demand reflects Singaporeans’ desire to adopt greener lifestyles.
Read MoreCorporate News
OCBC Bank officially opens Wuhan branch in China
21 Mar 2023The expansion of OCBC Bank’s Greater China network, with the addition of Wuhan Branch, will strengthen its ASEAN-Greater China trade and investment proposition.
Read MoreBusiness Banking, Sustainability
OCBC Bank introduces Singapore’s first net-zero-aligned loan for corporates to drive transition to a low-carbon economy
20 Mar 2023This new financing solution aims to incentivise corporates to commit to internationally recognised, science-based net-zero decarbonisation pathways.
Read MoreCorporate News
OCBC Bank, TTAB, BFSU to curate first industry training programme to enhance job matching for technology roles in banking industry
02 Mar 2023OCBC Bank, Tech Talent Assembly and Banking and Financial Services Union sign MOU to equip tech workers with focused skills training.
Read MoreCSR, Events & Sponsorships
OCBC Cycle 2023 attracted more than half of its target participants in just three weeks
01 Mar 20233,800 participants have registered for Singapore’s marquee cycling event to date, with 60 per cent being first-time participants
Read MoreCorporate News
OCBC Group Full Year 2022 net profit rose 18% to a record S$5.75 billion
24 Feb 2023Fourth 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.
Read moreInsights
Keep a cool head when investing in Chinese equities
11 Feb 2023After a sharp sell-off starting in February 2021 that spanned nearly 18 months, Chinese stock markets have staged a spectacular rebound. Investors are excited.
Read moreCSR, Events & Sponsorships
OCBC Cycle 2023 returns with the first full-scale event in three years with 7,000 cyclists expected to join
07 Feb 2023OCBC 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.
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Appointments
OCBC Bank appoints banking veteran Andrew Lee as new Board Chairman
23 Dec 2022He succeeds Ooi Sang Kuang on 1 February 2023.
Read MoreConsumer Banking
OCBC Bank opens its largest integrated lifestyle and banking branch even as digital banking continues to pick up steam
01 Dec 2022The 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.
Read MoreCorporate News
Fourth OCBC Financial Wellness Index finds young crypto investors still keen on cryptocurrencies despite crash
22 Nov 2022Market 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.
Read MoreAppointments
OCBC Bank appoints new Group Chief Risk Officer
16 Nov 2022The new appointment takes effect from 1 January 2023.
Read moreCorporate News, FinTech & Innovation
OCBC Bank and NTU Singapore to embark on a S$5 million research collaboration
10 Nov 2022The five-year research collaboration will deep dive into developing innovative technological solutions in sustainability, data privacy and cyber security.
Read moreCorporate 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
08 Nov 2022The use of this authentication technology will provide a more secure and seamless remote verification process.
Read MoreCorporate News
OCBC Group third quarter 2022 net profit up 31% from the previous year to a new high of S$1.60 billion
04 Nov 2022Nine months 2022 net profit rose to a record S$4.44 billion
Read MoreConsumer Banking
OCBC Bank to raise flagship OCBC 360 account interest rates to all-time high
31 Oct 2022Customers 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.
Read MoreSustainability
NParks partners OCBC Bank in Singapore's first large-scale ecological mangrove restoration project at Pulau Ubin
31 Oct 2022With a contribution of $3 million, the OCBC Mangrove Park underscores OCBC’s commitment to carbon storage efforts to mitigate climate change
Read MoreCorporate News, Sustainability
OCBC Bank joins Net-Zero Banking Alliance
25 Oct 2022The 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
Read MoreAppointments
OCBC Bank Appoints New Head For Its Group Consumer Banking And Wealth Management Businesses
20 Oct 2022Mr Sunny Quek will assume new role with immediate effect
Read MoreSustainability
OCBC Bank's Community Urban Farm Is The First In the Central Business District
13 Oct 2022The 140kg of vegetables to be harvested annually atop a carpark will yield 3,000 meal portions for the less privileged in Singapore
Read MoreAppointments
OCBC Bank Appoints New Group Chief Financial Officer
10 Oct 2022The new appointment takes effect from 1 November 2022
Read MoreSustainability, 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
10 Oct 2022The 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
Read MoreConsumer Banking
OCBC Digital Silvers Programme Launched at Heartland Branches to Upskill 400 Elderly Customers within a year
24 Sep 2022They will be taught one-on-one by branch staff about digital banking and payments, as well as scam spotting and avoidance
Read MoreConsumer Banking
OCBC Bank Enhances 360 Account Interest Rates And Reinstates Spend Bonus Interest Category
30 Aug 2022Customers 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
Read MoreSustainability
OCBC Bank and NUS collaborate on a nationwide electric vehicle adoption study
18 Aug 2022This will be Singapore’s largest dedicated study to understand the factors that best influence the adoption of electric vehicles.
Read MoreSustainability
OCBC Climate Index 2022 Finds that Singaporeans have not improved in many sustainable behaviours despite Governmental Push and Heightened Attention
16 Aug 2022Health, cost and convenience are key drivers of change across four main generations with baby boomers leading the pack in embracing climate actions
Read MoreBusiness Banking
OCBC Bank-Govtech Developed National Digital Payment Service on LIFESG APP Saw 900,000 Transactions Totalling $41 Million in 9 Months
15 Aug 2022Launched 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.
Read MoreConsumer Banking, FinTech & Innovation
OCBC bank is first to enable CPF account top-ups directly from digital banking platforms besides the CPF website
10 Aug 2022OCBC 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.
Read moreCorporate News
OCBC Group First Half 2022 Net Profit Rose 7% to New High of S$2.84 billion
03 Aug 2022Second quarter net profit up 28% from a year ago Interim Dividend of 28 cents per share declared
Read MoreCSR, Events & Sponsorships
OCBC Bank to increase focus on skills-based volunteerism by committing to 30% year-on-year growth
01 Aug 2022The 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
Read MoreCorporate News
OCBC Bank appoints new Group Data Head as it intensifies digital transformation efforts
08 Jun 2022OCBC 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.
Read moreCSR, Events & Sponsorships
OCBC Cycle 2022 comes to a close with virtual rides attracting close to 3,700 cyclists
07 Jun 2022The virtual rides of OCBC Cycle 2022 concluded yesterday, with over 3,700 participants this year.
Read moreCSR, Events & Sponsorships, Sustainability
OCBC Bank launches global Sustainability Innovation Challenge to pilot waste management and reduction solutions at SATS
06 Jun 2022OCBC Bank has partnered its corporate customer SATS, a leading food solutions provider, to launch the inaugural OCBC Sustainability Innovation Challenge.
Read moreSustainability
#OCBCCARES Environment Fund to finance two ground-up solutions tapping the growing demand for vending machines in Singapore to tackle plastic waste issues
31 May 2022Filling 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
Read MoreCorporate News, Human Resource
OCBC Bank appoints Lee Hwee Boon as Head of Group Human Resources
27 May 2022Lee Hwee Boon succeeds Jason Ho, who retires on 23 June 2022
Read moreCorporate 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
26 May 2022Read moreCorporate News, Sustainability
OCBC Bank to invest more than S$25 million to reduce its global carbon footprint
25 May 2022OCBC Bank will invest more than S$25 million in decarbonisation efforts in Singapore, Malaysia and Greater China.
Read moreCSR, Events & Sponsorships
2,000 cyclists join first in-person mass participation event in two years
08 May 20222,000 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.
Read moreCSR, Events & Sponsorships
In-person racing returns at OCBC Cycle after two-year hiatus
07 May 2022The 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.
Read moreBusiness Banking, Sustainability
OCBC Bank and MetaVerse Green Exchange to develop new green financing solutions with tokenised carbon credits
25 Apr 2022This partnership between the two Singapore firms aims to help accelerate corporates’ journey to carbon neutrality.
Read moreSustainability
OCBC Securities and Lion Global Investors list Singapore's first low-carbon ETF
11 Apr 2022The Lion-OCBC Securities Singapore Low Carbon ETF offers investors the opportunity to do good for the environment and their investment portfolios
Read moreFinTech & Innovation, Human Resource
OCBC Group to hire 1,500 tech talents over next three years to accelerate digital transformation
25 Mar 2022The 1,500 people to be hired will fill in-demand tech positions such as application developers, cybersecurity experts, blockchain specialists and data scientists.
Read moreCSR, Events & Sponsorships
OCBC Cycle 2022 to welcome up to 2,000 cyclists in person on closed roads
14 Mar 2022After 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.
Read moreCorporate News
OCBC Group Full Year 2021 Net Profit Rose 35% to S$4.86 billion
23 Feb 2022Proposed final dividend increased to 28 cents per share
Read moreConsumer Banking
OCBC Bank rolls out emergency kill switch so customers can freeze all accounts if scammed
16 Feb 2022Read moreConsumer Banking
Statement by OCBC Bank on update of goodwill payouts relating to the SMS phishing scam
30 Jan 2022Read moreConsumer Banking
Media Response on full goodwill payout to all victims of SMS phishing scam impersonating OCBC Bank
19 Jan 2022Read moreCorporate News, Consumer Banking
OCBC Bank has been making goodwill payouts to victims of the recent SMS phishing scam since 8 January 2022
17 Jan 2022Each case has to be reviewed and validated thoroughly
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No media articles found.
Consumer Banking
OCBC Bank again warns customers of SMS scams attacks with expected surge in attacks over the New Year weekend
30 Dec 2021Customers should not click on dubious URL links provided in unsolicited text messages even if the SMSes come through the OCBC SMS thread.
Read moreConsumer Banking
OCBC Bank advises public against SMS phishing scams impersonating the bank
23 Dec 2021OCBC Bank has seen a sharp rise in the number of 'smishing’ (phishing via SMS) scams impersonating the Bank over the past few weeks.
Read moreFinTech & Innovation, Human Resource
OCBC Bank and Ngee Ann Polytechnic co-design tech internship to tackle talent shortage in the financial sector
20 Dec 2021The one-year curated internship represents a new industry-in-curriculum pathway and opens the door for full-time employment with the bank upon graduation.
Read moreBusiness Banking, Sustainability
OCBC Bank closes sustainability-linked cross-currency swap with Cromwell European REIT
17 Dec 2021The 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.
Read moreSustainability
OCBC Bank adopts Poseidon Principles to accelerate decarbonisation of shipping sector
15 Dec 2021OCBC 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.
Read MoreInsights
Reimagining wealth management to thrive in the new normal
08 Nov 2021Asia’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.
Read moreConsumer Banking, FinTech & Innovation
OCBC Bank enables the instant purchase of gold and silver digitally
05 Nov 2021Within 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
Read moreConsumer Banking, Insights
The Covid-19 pandemic has made many Singaporeans adopt better financial habits
02 Nov 2021The 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
Read moreBusiness Banking, Sustainability
OCBC Bank extends green loan to first property development leveraging BCA's new building energy efficiency assessment tool
26 Oct 2021The 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
Read moreCSR, Events & Sponsorships, Sustainability
OCBC to back youth projects supporting Singapore Green Plan
19 Oct 2021OCBC Bank once again partners Eco Business to advance Singapore’s green interests through its Sustainability Exchange programme
Read moreWealth Management
OCBC Bank’s Hong Kong subsidiary partners China’s Ping An Bank to provide two-way Wealth Management Connect services
19 Oct 2021The 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.
Read moreConsumer Banking
OCBC bank launches one-stop travel site and travel credit card as Singapore re-opens tourism
12 Oct 2021OCBC 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
Read moreBusiness Banking, Sustainability
OCBC Bank launches first Sustainability-Linked Structured Deposit in Singapore
24 Sep 2021By 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.
Read moreAppointments
OCBC Bank appoints Head of Global Wholesale Banking
15 Sep 2021OCBC Bank today announced the appointment of Mr Tan Teck Long as Head of Global Wholesale Banking, with effect from 15 March 2022.
Read moreSustainability
OCBC Bank, partnering with Eco-Business, launches OCBC Climate Index to measure environmental sustainability awareness and climate action in Singapore
17 Aug 2021Eco-Business developed the approach and framework for the Index. OCBC Bank developed the research methodology.
Read moreCorporate News
OCBC Group First Half 2021 Net Profit rose 86% to S$2.66 billion from S$1.43 billion a year ago
04 Aug 2021Interim dividend of 25 cents declared
Read moreFinTech & Innovation, Business Banking
GuocoLand, OCBC Bank and Doxa to pilot first end-to-end digital procurement and payments workflow solution for built environment ecosystem
03 Aug 2021Enterprise digital platform streamlines procurement and payments workflow processes by connecting all parties in the real estate value chain.
Read moreFinTech & Innovation
OCBC Bank is first to integrate with IRAS’s payment API to enable direct payment of taxes via digital banking
22 Jul 2021The new feature enables customers to have a seamless review and payment of taxes within a single digital platform
Read moreBusiness Banking
Singapore SME recovery continues in Q2 despite tighter COVID-19 measures: OCBC SME Index
15 Jul 2021The 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.
Read moreBusiness Banking, Sustainability
Fortune REIT obtains sustainability-linked loan of HK$1.5 billion from OCBC Bank
15 Jul 2021OCBC Bank is the sole lender for the transaction.
Read moreWealth Management
Lion Global Investors and OCBC Securities list Singapore's first China focused dividend-pay ETF
12 Jul 2021The 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.
Read moreHuman Resource
OCBC Bank rolls out comprehensive sustainability training as it adds more than 50 new jobs in ESG push
08 Jul 2021To 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.
Read moreBusiness 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
07 Jul 2021The proceeds will be used to finance a mixed-use development project comprising a retail mall and residential development, known as Pasir Ris 8.
Read moreCSR, Events & Sponsorships
OCBC Cycle 2021's Virutal Ride crosses finish line, sees increased interest from inaugural event in 2020
05 Jul 2021The 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.
Read moreCorporate News, FinTech & Innovation, Appointments
OCBC Bank creates new role to drive and accelerate transformation
17 Jun 2021Mr. Lim Khiang Tong is appointed Group Chief Operating Officer.
Read moreCorporate News
OCBC Bank is first bank in Asia to complete transition of its Sterling covered bonds' interest rate benchmark
10 Jun 2021The move is in line with the cessation of GBP LIBOR by the end of 2021 and the switch to SONIA.
Read moreBusiness Banking, Sustainability
OCBC closes sustainability-linked swap with Far East Hospitality Trust
09 Jun 2021With 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.
Read moreInsights
Millennials to drive the ESG investing revolution
17 May 2021Millennials, the largest generation in history, with an estimated population in excess of two billion, are clearly a major force to be reckoned with.
Read moreBusiness Banking
OCBC Bank is first to leverage Visa Commercial Pay Mobile as part of its inaugural virtual purchasing card offering
10 May 2021OCBC 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.
Read moreBusiness Banking
Green shoots in healthcare and transport lead broad-based recovery for SMEs in 1Q 2021: OCBC SME Index
05 May 2021SME 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.
Read moreCorporate News
OCBC Bank Appoints Ivy Au-Yeung as Chief Executive of OCBC Wing Hang Bank in Hong Kong
26 Apr 2021Ms 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.
Read moreHuman Resource, Insights
Banking on a Resilient Workforce
13 Apr 2021When 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.
Read moreBusiness Banking, Sustainability
Sun Venture obtains £85.5 million green loan financing from OCBC Bank
05 Apr 2021OCBC 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
Read moreBusiness Banking, Sustainability
OCBC Bank extends Wilmar a three-year US$150 million sustainability-linked loan
01 Apr 2021OCBC Bank and Wilmar had previously collaborated on a US$200 million sustainability-linked loan in 2018.
Read moreConsumer Banking
Singapore's first 'Eco Care' home and renovation loan to incentivise eco-friendly customers with lower interest rates and rewards
31 Mar 2021OCBC Bank launches Singapore’s first eco-friendly retail loans for residential property purchases and renovation.
Read moreBusiness Banking, Sustainability
Far East Hospitality Trust secures maiden sustainability-linked loan facility of S$125 million from OCBC Bank
29 Mar 2021The loan’s interest margin are tied to selected sustainability targets that were set together with OCBC Bank, the sole lender for the transaction.
Read moreCSR, Events & Sponsorships
OCBC Cycle 2021 to bring the thrill of road racing after two-year hiatus due to Covid-19
25 Mar 2021The 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
Read moreSustainability
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
24 Mar 2021- 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
Read moreBusiness Banking, Sustainability
Manulife US REIT partners DBS and OCBC Bank on maiden sustainability-linked loan
24 Mar 2021This 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.
Read moreSustainability
FFTH and OCBC Bank launch second Community Shop
24 Mar 2021With 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
Read MoreInsights
The global markets one year on in pandemic: Is the best yet to be?
23 Mar 2021One 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.
Read moreConsumer Banking
OCBC Bank is first in Southeast Asia to enable face verification for ATM banking transactions
18 Mar 2021From 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.
Read moreBusiness Banking, Sustainability
Gold Ridge bags S$900 million green loan from DBS, OCBC Bank and UOB for NEX mall
16 Mar 2021This deal marks Gold Ridge’s first foray into sustainable finance.
Read moreConsumer Banking
OCBC Bank launches ‘ECO-CARE’ car loan package for purchase of electric vehicles
15 Mar 2021In addition to lower loan interest rate, eligible customers can enjoy up to 18 months of free charging and free installation of charging station
Read moreInsights
Three reasons why a greener economy is achievable
12 Mar 2021Government support, sustainable finance, economic viability of green projects will help pave way
Read moreBusiness Banking
For SMEs that have gone digital, the new challenge is to be deeply digital
10 Mar 2021Pandemic pushed many to go digital; they now have the opportunity to mine the possibilities of the new currency of digitalisation: data.
Read moreBusiness Banking, Sustainability
Time for Singapore's SMEs to prioritise sustainability
24 Feb 2021With grant support and green financing options, even small businesses can pivot to get ready.
Read moreCorporate News
OCBC Group Fourth Quarter 2020 Net Profit Rose 10% to S$1.13 billion from the Previous Quarter
24 Feb 2021Full year 2020 net profit at S$3.59 billion
Read moreBusiness Banking, Sustainability
OCBC Bank and Charge+ form strategic partnership to 'green' Singapore's land transport sector
15 Feb 2021OCBC 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.
Read moreBusiness Banking, Sustainability
Mapletree Logistics Trust secures S$200 million green revolving credit facility from OCBC Bank
09 Feb 2021Mapletree 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.
Read moreHuman Resource
OCBC Bank rolls out employee support programme for Covid-19 vaccine
18 Jan 2021Read moreCorporate News
OCBC appoints Ms Helen Wong as Group Chief Executive Officer, succeeding Mr Samuel Tsien
08 Jan 2021Read moreSee more
No media articles found.
Insights
Will sceptics renew their affection for beaten up Singapore stocks?
24 Dec 2020Singapore stocks are good additions to provide for a more diversified and broader equity portfolio.
Read moreConsumer Banking
OCBC Bank extends more than S$1 billion home loans linked to Singapore's new interest rate benchmark, SORA, in less than six months
22 Dec 2020Half of the loans were fully processed digitally
Read MoreBusiness Banking
OCBC Bank launches framework that gives Singapore SMEs increased access to sustainable financing
24 Nov 2020The OCBC SME Sustainable Finance Framework is set up to help SMEs accelerate their sustainability plans.
Read moreConsumer Banking
OCBC Financial Wellness Index dips 2 points amidst Covid-19 pandemic; better savings habits buoy Index from a harder fall
23 Nov 2020This year's survey shed more light on Millennial's financial struggles and women's financial habits.
Read moreWealth Management
Lion Global Investors and OCBC securities Establish First Tech-Focused ETF In Singapore
22 Nov 2020The Lion-OCBC Securities Hang Seng TECH ETF captures the growth potential of the 30 largest technology companies listed in Hong Kong and offers investors an easy and affordable way to access these companies.
Read MoreBusiness Banking
OCBC Bank partners Tong Eng Group on Singapore's first SORA-based green loan
18 Nov 2020The proceeds from the green SORA-based loan will be used for the refinancing of Tong Eng Building, which received the Building and Construction Authority (BCA) Green Mark Platinum re-certification in October 2020.
Read moreBusiness Banking
OCBC Bank extends first SORA-based loan in energy sector to Sembcorp industries
20 Oct 2020SORA-based loans have been gaining traction, with OCBC Bank extending close to S$1 billion of such loans to date.
Read moreBusiness Banking
OCBC Virtual SME Campus born out of Singapore extended circuit breaker set to strengthen digital capabilities of more than 3,000 SMEs
05 Oct 2020To date, over 5,000 employees from more than 2,500 SMEs have attended OCBC Virtual SME Campus since its launch in April 2020.
Read MoreCSR, Events & Sponsorships
First OCBC Cycle Virtual Ride fully taken up one month before close of registration
04 Sep 2020Read More
Human Resource
OCBC Bank's Data Certification Pathway is first data analytics and digital programme to obtain industry accreditation
24 Aug 2020This gives OCBC Bank employees an industry-recognised certificate to become qualified data analysts, fully funded by the bank
Read MoreBusiness Banking
OCBC Bank provides first property green loan in South Korea to M&G Real Estate
21 Aug 2020This transaction marks the first sustainable finance transaction in South Korea for the bank.
Read MoreCorporate News
OCBC Group Reported First Half 2020 Net Profit of S$1.43 billion
07 Aug 2020Second quarter earnings rose 5% from the first quarter to S$730 million
Read MoreBusiness Banking
World's first sustainable sugar supply chain collaboration leads way for sustainable future in global trade
05 Aug 2020OCBC Bank was a participant in this collaboration, providing a sustainability-linked trade facility to support the trade and shipment of 50,000 metric tonnes of sustainably sourced sugar, valued at almost US$16,000,000.
Read MoreBusiness Banking
Swire Properties secures HK$1 billion green loan from OCBC Bank
04 Aug 2020Among the projects earmarked to benefit from this loan is Two Taikoo Place in Hong Kong
Read MoreBusiness Banking
M+S secures S$1.95 billion green loan for award-winning Marina One from DBS, OCBC Bank and UOB, the largest to date by a real estate company in Asia Pacific
27 Jul 2020The proceeds of the green loan will be used to partially refinance the office and retail components of Marina One, which are valued at approximately S$5 billion.
Read MoreCSR, Events & Sponsorships
OCBC Cycle 2020 has been cancelled due to the Covid-19 outbreak and replaced by a virtual ride event in November
21 Jul 2020OCBC Cycle 2020 has been cancelled due to the Covid-19 outbreak and replaced by a virtual ride event in November
Read MoreConsumer Banking
OCBC Bank is first in Singapore to enable use of SingPass to access digital banking services
16 Jul 2020OCBC Bank customers can login using their SingPass via the SingPass Mobile app to access digital banking services
Read MoreConsumer Banking
OCBC launches Singapore's first SORA-based home loan
13 Jul 2020Interest rate is based on past 90-day simple average of the Singapore Overnight Rate Average (SORA)
Read moreAppointments
OCBC Bank Appoints New Head of Global Treasury
09 Jul 2020Industry veteran Kenneth Lai will take over from Mr Lam Kun Kin, who is retiring after more than three decades in the finance industry
Read MoreBusiness Banking
Keppel Infrastructure Trust and Keppel Energy secure Singapore's first sustainability-linked loan in the energy sector from DBS Bank and OCBC Bank
24 Jun 2020S$700 million sustainability-linked loan is one of the largest in Singapore to date
Read MoreFinTech & Innovation
OCBC Bank launches healthcare app with partners to provide access to the largest panel of telehealth doctors
23 Jun 2020As Singapore enters a safe re-opening phase, HealthPass by OCBC ups the ante in providing telehealth services through the largest panel of over 100 general practitioners and specialists at flat consultation fees to help stem the spread of COVID-19
Read MoreBusiness Banking
OCBC Bank sets new sustainable finance target of S$25 billion by 2025
22 Jun 2020Massive fiscal stimulus to rebuild post COVID-19 offers green opportunities
Read MoreBusiness Banking
Soilbuild REIT secures maiden green loan
19 Jun 2020The green loan was obtained from OCBC Bank and RHB Bank Berhad.
Read MoreConsumer Banking
OCBC Bank to reopen all branches over next two weeks as Singapore enters Phase Two of 'Safe Reopening'
18 Jun 2020OCBC Bank to reopen all branches over next two weeks as Singapore enters Phase Two of 'Safe Reopening'
Read MoreBusiness Banking
OCBC Bank partners CapitaLand on Singapore's first SORA-based loan
16 Jun 2020The S$150 million three-year corporate loan from OCBC Bank to CapitaLand is a milestone in the industry's transition roadmap towards adopting Singapore Overnight Rate Average (SORA) as the new interest rate benchmark for the Singapore Dollar cash and derivatives markets.
Read MoreHuman Resource
OCBC Group to Hire Over 3,000 to Support The Job Creation Drive in Singapore
15 Jun 2020About 2,100 people to be hired for full-time roles across the Group, with more than 500 traineeship positions under the SGUnited Traineeships programme
Read MoreConsumer Banking
OCBC Bank to reopen three branches and one OCBC Premier Banking Centre today in Phase One of 'Safe Re-opening'
11 Jun 2020The branches are in Bukit Batok and at Sun Plaza and White Sands; the dedicated OCBC Premier Banking Centre is at Parkway Parade
Read MoreBusiness Banking, Sustainability
Link REIT secures HK$1 billion sustainability-linked loan from OCBC Bank
11 Jun 2020This is Link REIT's first sustainability-linked loan transaction in Hong Kong dollar
Read MoreConsumer Banking
Launched during circuit breaker, OCBC Bank's virtual wealth advisory service saw a 45% jump in sales
09 Jun 2020What was previously seen as impossible before the Covid-19 outbreak became the norm when the end-to-end wealth advisory, which includes the Financial Needs Analysis process, went online
Read MoreCSR, Events & Sponsorships
#OCBCCares Environment Fund 2020 finances development of dehydrated cleaning products to mitigate increase in plastic waste, as coronavirus outbreak spurs growing demand for cleaning products
03 Jun 2020The Fund will stop calling for applications from this year. OCBC Bank will explore other strategic ways of deploying funding to mitigate climate change issues
Read MoreConsumer Banking
OCBC Bank surveys 1,000 Singaporeans to assess financial impact of COVID-19 on Singaporeans
01 Jun 2020The OCBC Financial Impact Survey for COVID-19 points out gaps in financial planning and knowledge during a crisis
Read MoreBusiness Banking, Sustainability
Manulife US REIT secures US$100 million maiden green loan from OCBC Bank
20 May 2020OCBC Bank acted as the sole lender and green loan advisor for this transaction
Read MoreBusiness Banking, Sustainability
GuocoLand secures S$730 million green loan for the development of new residential cum commercial development at Tan Quee Lan Street - the largest green loan of its kind to date
19 May 2020OCBC Bank acted as the Sole Green Financing Advisor for this transaction.
Read MoreInsights
Will Covid-19 spark another trade war?
06 May 2020Trump threatens to impose tariffs on China as punishment for its role in virus' spread
Read MoreConsumer Banking
OCBC Bank places all individual secured and unsecured loans under its Singapore Covid-19 relief programme with S$4 billion approved to date
30 Apr 2020OCBC Bank places all individual secured and unsecured loans under its Singapore Covid-19 relief programme with S$4 billion approved to date
Read MoreCSR, Events & Sponsorships
OCBC Bank and staff donate additional S$1,225,000 to provide targeted support to 1,000 needy Singaporean families and 55,800 migrant workers
28 Apr 2020This fourth tranche of support will supplement government payouts to help needy families tide over till end of 2020; and augment existing support for migrant workers under isolation
Read MoreInsights
Emerge financially stronger from the Covid-19 crisis
24 Apr 2020As we hunker down for a tough ride this period, now is as good a time as any to take stock of how we can emerge stronger from this whole situation.
Read MoreBusiness Banking
OCBC Bank expects to disburse s$1 billion in government-assisted loans to small businesses by 30 June 2020
20 Apr 2020Fully utilising the MAS low-cost SGD Facility, this loan amount will exceed that of what OCBC Bank had lent to small businesses during the 2008-9 Global Financial Crisis
Read MoreCorporate News
OCBC Securities to temporarily close Investors Hub
17 Apr 2020OCBC Securities will close its Investors Hub at OCBC Centre South from 20 April to 4 May 2020, in support of the stricter social distancing measures implemented to encourage more people to stay home and in order to contain the spread of COVID-19.
Read MoreInsights
Is the stock market rally for real?
13 Apr 2020The Covid-19 crisis will go down in history as one of the most severe and unpredictable events in modern times.
Read MoreConsumer Banking
OCBC Bank to temporarily close 22 branches from 9 April 2020 to 4 May 2020
03 Apr 2020All ATMs and digital banking solutions are available as normal and there will be ample cash in ATMs and branches that are open
Read MoreInsights
Why fiscal support could be the silver lining in a time of turmoil
25 Mar 2020Market volatility has given rise to recession fears over the past few weeks in light of a rapidly changing COVID-19 pandemic situation. A lack of earnings clarity has created added uncertainty to Asian markets, but Ms Carmen Lee, Head of OCBC Investment Research, sees a silver lining in fiscal policy and stimulus from key countries in the second quarter of 2020.
Read MoreConsumer Banking
OCBC Bank is first in Southeast Asia to enable instant encashment of cash cheques at ATMs
12 Mar 2020OCBC Bank's digital push at branches, now enhanced by next-generation ATMs, enables customers to perform close to 80 per cent of all frequently performed transactions without having to queue for a teller
Read MoreBusiness Banking, Sustainability
Mapletree Investments secures EUR 200 million sustainability-linked loan from OCBC Bank
09 Mar 2020This is one of the largest sustainability-linked loans for a real estate developer and is also Mapletree Investments' inaugural sustainability-linked loan.
Read MoreConsumer Banking
OCBC Bank enables instant car loan approvals
03 Mar 2020Thanks to a digital process incorporating MyInfo and digital KYC, customers can now apply and get approval for car loans in under 60 seconds without any sharing of personal information with a third party
Read MoreBusiness Banking
OCBC Bank is first to leverage Singapore Customs' electronic Banker's Guarantee programme
02 Mar 2020The electronic Banker's Guarantee was issued by OCBC Bank on behalf of vCargo Cloud, a leading Infocomm Technology solution and service provider.
Read MoreCorporate News
OCBC Group Full Year 2019 Net Profit Rose 8% to a Record S$4.87 billion
21 Feb 2020Fourth quarter net profit rose 34% from a year ago and up 6% from the previous quarter. Proposed final dividend increased to 28 cents per share; 2019 full year dividend at 53 cents, 23% higher year-on-year.
Read MoreInsights
What investors should be looking at amid the coronavirus outbreak
19 Feb 2020The coronavirus has affected key Asian equity indices and added pressure on the tourism, hospitality and retail sectors. The situation is still evolving but Ms Carmen Lee, Head of OCBC Investment Research, explains its impact for the first half of 2020.
Read MoreCSR, Events & Sponsorships
7,000 OCBC Bank employees send food favourites, including bird's nest supplements, bubble tea, and energy bars - as well as appreciation cards - to staff of Tan Tock Seng hospital
17 Feb 202020,000 bottles of bird's nest, 14,000 cups of bubble tea, more than 45,000 packets of drinks and snacks and 7,000 cards will be delivered over the next two weeks, to offer respite from the stressful work
Read MoreCorporate News
OCBC Bank introduces COVID-19 targeted support measures to all affected customers
13 Feb 2020Corporate and retail customers across its core markets in the region will be offered tailored measures to tide over this difficult period.
Read MoreInsights
Why gold is an increasingly important investment asset
12 Feb 2020During times of volatility, gold is an important investment asset in your portfolio to hedge against market uncertainties. OCBC Bank Economist Howie Lee explains what drive the price of gold up or down and shares his view on how gold prices are likely to pan out in 2020.
Read MoreCSR, Events & Sponsorships
OCBC Bank donates RMB 1 million (S$200,000) to support communities in China affected by the novel coronavirus (nCoV) outbreak
05 Feb 2020OCBC Bank is supporting the Singapore Government’s initiative to offer aid to communities in China that are affected by the nCoV outbreak.
Read MoreBusiness Banking, Sustainability
OCBC Bank Partners Shwe Taung Group on Myanmar's first green loan
05 Feb 2020The US$44 million green loan will be used by Shwe Taung Group's subsidiary City Square Commercial Company Limited for the financing of Junction City Shopping Centre, an integrated retail and commercial development in Yangon's downtown.
Read MoreBusiness Banking
ComfortDelGro becomes first land transport company to adopt green loans with an A$25 million facility from OCBC Bank
21 Jan 2020Proceeds from the loan, which has been structured in accordance with the Green Loan Principles issued in 2018 by the Loan Market Association and Asia Pacific Loan Market Association, will be used to finance 50 hybrid buses.
Read MoreAppointments
OCBC Bank appoints top female banker to lead newly formed Global Wholesale Banking Division
08 Jan 2020Both Ms Helen Wong and current Chief Operating Officer, Mr Ching Wei Hong, will be appointed Deputy Presidents
Read MoreCSR, Events & Sponsorships
OCBC Cycle 2020 launches new competitive cycling category - the OCBC Cycle Speedway Women's Championship
07 Jan 2020OCBC Cycle 2020 launches new competitive cycling category - the OCBC Cycle Speedway Women's Championship
Read MoreSee more
No media articles found.
Business Banking, Sustainability
Hang Lung strengthens its commitment to sustainability with inaugural green loan from OCBC Bank
23 Dec 2019The leading property developer headquartered in Hong Kong secured the HK$1 billion green loan facility from OCBC Hong Kong Branch.
Read MoreAppointments
OCBC Bank Appoints Two New Management Committee Members
19 Dec 2019New head of consumer banking in Singapore and new CEO for the China business joins the 24-member committee
Read MoreBusiness Banking, Sustainability
OCBC Bank tops 2019 sustainable finance league tables
18 Dec 2019OCBC Bank ranked first in Bloomberg's league table for green loans and renewable energy loans, and Debtwire's league table for green loans and sustainability-linked loans.
Read MoreBusiness Banking, Sustainability
Hoi Hup Realty secures first green loan in Southeast Asia's hospitality sector
09 Dec 2019OCBC Bank is Green Loan Advisor for the loan which is used to part finance the acquisition of luxury hotel Andaz Singapore. It is also the first green loan for Hoi Hup Realty.
Read MoreFinTech & Innovation
OCBC Bank partners with Google to enable enhanced digital payments leveraging PayNow in Singapore
11 Nov 2019OCBC Bank customers in Singapore will be the first to be able to download and use Google Pay to make peer-to-peer transactions in January 2020
Read MoreCorporate News
OCBC Group Reported Third Quarter 2019 Net Profit of S$1.17 billion
05 Nov 2019OCBC Group Reported Third Quarter 2019 Net Profit of S$1.17 billion
Read MoreBusiness Banking
OCBC Bank enables start-ups to open a bank account immediately after incorporation
04 Nov 2019This is made possible by an API between the bank and global information services provider Experian.
Read MoreConsumer Banking
OCBC Bank named World's Best Consumer Bank by Global Finance
24 Oct 2019OCBC Bank also won the 'Best Bank in Asia-Pacific' earlier this year
Read MoreConsumer Banking
Singtel's VIA Alliance welcomes OCBC Pay Anyone
21 Oct 2019Singtel will expand its VIA mobile payment alliance to include OCBC Bank, the first Singapore bank to join the alliance and the second regionally, after Thailand's KASIKORNBANK.
Read MoreInsights
The impact of cheap credit on the global economy
16 Oct 2019We may stave off this recession, but can we escape the next? Howie Lee, Economist at OCBC Bank, shares his views on how a prolonged low-interest rate environment potentially raises medium-term risks and what companies can do to create long term sustainable growth for themselves.
Read MoreInsights
Tat Hong's Towering Ambitions
08 Oct 2019Tat Hong is a homegrown company that has contributed in a big way to the building of Singapore’s distinctive landscape. But its journey hasn't been limited to Singapore - its journey has extended overseas as well.
Read MoreCSR, Events & Sponsorships
OCBC Bank and staff contribute S$1 million to kickstart the OCBC-NTUC First Campus Bridging Programme, which will help to make pre-school education free for children from low-income families
23 Sep 2019Supporting Singapore's national agenda to make pre-school education more accessible, the five-year programme will fund an average of two years of childcare fees for all eligible new enrolments at My First Skool and offer financial literacy workshops for these families
Read MoreConsumer Banking
In a first for Singapore, the OCBC Banking Assistant enables customers to use their voice to perform banking transactions and access services
10 Sep 2019Leveraging artificial intelligence and through digital 'conversations' on the OCBC Mobile Banking app, customers can pay bills, check account transactions and track expenses, thanks to natural language processing and machine learning
Read MoreInsights
Going beyond sharp suits
03 Sep 2019Benjamin Barker founder and CEO Nelson Yap continues to transform the home-grown menswear label into a global lifestyle brand by harnessing technology and embracing novel franchising models.
Read MoreInsights
Championing a global education movement
03 Sep 2019David Chiem, the founder of MindChamps, talks about how his vision to create the number 1 global brand in early childhood education is now taking shape.
Read MoreInsights
Charting growth through choppy waters
03 Sep 2019Being nimble and having a strong team at its helm has helped Transworld Group Singapore weather turbulent times and achieve success.
Read MoreConsumer Banking
OCBC Bank targets annual card billings of s$1 billion in three years with a travel credit card featuring a flexible reward programme
25 Aug 2019OCBC Bank has launched the new OCBC 90°N Mastercard Credit Card for the Singapore market, which is projected to achieve S$1 billion in annual card billings within three years
Read MoreCorporate News
OCBC Group Half Year 2019 Net Profit Rose 6% Year-on-Year to a Record S$2.45 billion
02 Aug 2019Second quarter profit from banking operations up 7% from a year ago to a new high
Read MoreCSR, Events & Sponsorships
NParks partners OCBC Bank to Create First-of-its-Kind High-Tech Arboretum in Southeast Asia
20 Jul 2019OCBC Bank's contribution of S$4 million also includes the transformation of Singapore's first black and white bungalow into a knowledge centre for conservation
Read MoreCorporate News
OCBC Bank launches Singapore's first Financial Wellness Index
15 Jul 2019Comprehensive survey of 2,000 working adults assesses how well people in Singapore fare across 10 pillars of financial wellness
Read MoreHuman Resource
OCBC Bank co-designs Data Certification Pathway to grow pool of data scientists and data analysts in Singapore
09 Jul 2019All 12 data modules will be available to all Singaporeans on the MySkillsFuture portal by the fourth quarter of the year
Read MoreBusiness Banking
OCBC Bank partners republic polytechnic on first PayNow initiative for an education institution
02 Jul 2019Republic Polytechnic students can now pay their school fees with PayNow, making it the first educational institution to leverage this funds transfer service.
Read MoreCSR, Events & Sponsorships
OCBC Cycle 2019 is first recipient of new Eco Event certification after its waste reduction efforts pass strict tests
19 Jun 2019Supporting Singapore’s drive to waste less, OCBC Bank put its signature OCBC Cycle 2019 event through a rigorous green audit process – and has become the first event here to earn the Singapore Environment Council’s Eco Event certification.
Read MoreFinTech & Innovation
OCBC Bank launches postgraduate scholarship to deepen Artificial Intelligence talent pool
03 Jun 2019This is the first such scholarship offered by a bank in Asia or any Singapore company
Read MoreConsumer Banking
OCBC Bank enables instant approval and use of key consumer banking products
15 May 2019With the help of MyInfo and digital KYC, customers can now apply for - and then instantly make use of - credit cards, debit cards, personal loans, bank accounts and lines of credit via digital channels, including at branches and at roadshows
Read MoreCSR, Events & Sponsorships
OCBC Cycle 2019 offers 6,800 participants a chance to bond with friends and family at annual cycling fiesta
12 May 2019SINGAPORE, 12 May 2019 - Nearly 6,800 cyclists were out in full force at Nicoll Highway this morning for the 2019 OCBC Cycle's The Straits Times Ride and The Sportive Ride.
Read MoreCSR, Events & Sponsorships
Nail-biting finish sees the Philippines emerge winners from largest-ever field at OCBC Cycle Speedway Southeast Asia Championship
11 May 2019SINGAPORE, 11 May 2019 - The cycling team from the Philippines rode a near-perfect race as they beat the strongest field to date at the 2019 OCBC Cycle Speedway Southeast Asia (SEA) Championship on Saturday morning.
Read MoreCorporate News
OCBC Group Reported First Quarter 2019 Net Profit of S$1.23 billion
10 May 2019Earnings rose by 11% year-on-year and 33% quarter-on-quarter
Read MoreInsights
Singapore property and REITs in 2019
17 Apr 2019Property and real estate investment trusts, or REITs, are among the most popular investment asset classes in the market. Andy Wong, Senior Investment Analyst at OCBC Investment Research, shares his insights on how the two sectors will fare this year.
Read MoreConsumer Banking
Millennials in Singapore eschew power and fame for self-fulfillment and caring for the community: FRANK by OCBC survey
03 Apr 2019Inaugural annual survey aims to track the psychographic data of Singaporeans aged 16 to 29 years old
Read MoreCorporate News
OCBC Bank leads industry in setting up of board committee on ethics and conduct
27 Mar 2019The Ethics and Conduct Board Committee is the first such committee set up by a Singapore bank to build a strong, ethical culture, setting the tone from the top.
Read MorePrivate Banking
Bank of Singapore continues to build Greater China bench strength with its latest appointment
25 Mar 2019Mr Richard Hu brings more than 20 years of banking experience in the region to his role as a Market Head at Bank of Singapore.
Read MoreCorporate News
OCBC Group Full Year 2018 Net Profit Grew 11% to a Record S$4.49 billion
22 Feb 2019OCBC Group Full Year 2018 Net Profit Grew 11% to a Record S$4.49 billion
Read MoreConsumer Banking
OCBC Bank rolls out digital 'soft' tokens to replace all hardware tokens for customers
18 Feb 2019OCBC Bank has rolled out a digital security token - OCBC OneToken - on the OCBC Mobile Banking app for secure and convenient digital banking, replacing all hardware security tokens for customers.
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OCBC Bank launches new business to give a boost to serial entrepreneurs
28 Jan 2019The launch follows a successful 12-month pilot which saw over S$100 million in new business loans to fund serial entrepreneurs and their businesses.
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The Singapore bond market in 2019
24 Jan 2019The Singapore corporate bond market ended 2018 on a dour note, with negative sentiment leading to volatility, falling bond prices in the secondary market and a decline in issuance volumes. Nevertheless, OCBC Credit Research analyst Andrew Wong believes there are still more opportunities than pitfalls and shares his thoughts on how bond investors can generate favourable returns despite the uncertainty hovering over the market in 2019.
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The Singapore stock market in 2019
21 Jan 2019See-sawing stock markets have left investors feeling queasy as they head into 2019. Carmen Lee, Head of OCBC Investment Research, shares her views on how the Singapore market will fare in the year ahead, as well as a recommended strategy for investors to build a portfolio that can withstand market volatility.
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Investment themes to watch in 2019
21 Jan 2019Despite the sharp correction in global stock markets towards the end of 2018, OCBC Investment Research analysts believe that compelling investment themes continue to lie in plain sight. They share their views on ideas ranging from Singapore hospitality plays to the China property sector.
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OCBC Bank launches first-of-its-kind digital business dashboard for SME customers as spending on apps almost doubles to $9 million
14 Jan 2019Saving SMEs time, the one-stop dashboard gives a holistic view of an SME's business, transforming data from some of the most popular digital apps like Facebook, PayPal, Mailchimp, Shopify and Quickbooks into actionable insights displayed via widgets.
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OCBC Cycle rolls out 11th edition with return of the OCBC Cycle Speedway Corporate Championship
11 Jan 2019Reigning champion, Myanmar, to return with other Southeast Asian teams to compete in the Speedway SEA Championship.
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OCBC Group Brand and Communications