Our #OCBCCares Programme focuses on doing our part to protect the environment and on helping the more vulnerable in society.
We support the unserved and under-served in our communities.
Across our core markets, we give back to the community, addressing unfilled gaps and meeting needs that are critical. The causes we support are at-risk children and youth, vulnerable seniors, people with special needs and environmental sustainability.
Through our #OCBCCares Programme, we provide financial and volunteer support to the charity partners on our panel and their environmental causes. This enables us to deepen our relationship with our partners and offer more meaningful financial support for specific programmes that have direct impact on beneficiaries and the environment.
Beyond financial support, OCBC staff volunteers contribute their time and skills to support the community.
The OCBC CDA Starter Scheme
As Banker to the community, we support growth and development. To help families with a monthly household income of S$4,500 or less to start saving, we introduced the OCBC Child Development Account (CDA) Starter Scheme - which sees us contributing S$100 for the first S$50 deposited into a qualified CDA.
Under the Government's Baby Bonus Scheme, the government will match dollar for dollar both OCBC’s and the parents' contributions, resulting in a total deposit of S$300 into the account. The savings in the CDA can be used for approved expenses under the Baby Bonus Scheme.
To find out more, click on this link.
We encourage and support academic excellence by awarding book prizes and bond-free scholarships to outstanding young adults from Singapore, Malaysia, Indonesia and China so that they can pursue a higher education in Singapore and Malaysia.
We also offer OCBC scholars and other undergraduates the opportunity to gain work experience in the banking environment through our Structured Internship programme.
In Malaysia, our support for the community is diversified - at corporate, branch and division level. Since 2015, our branches across Malaysia work with locale-based charities to support worthy causes and to promote volunteerism among branch staff. The principle behind this programme is to empower branches to reach out to their communities where they operate.
Bank Negara Malaysia School Adoption Programme
We have been supporting the Bank Negara Malaysia Program Sekolah Angkat (School Adoption Programme) since 2007. Under this programme, we partner selected schools to offer financial educational programmes and distribute the Buku Wang Saku (Savings Log Books) to help students start the saving habit from young.
We support cycling as a healthy sporting activity and sponsor the twice-monthly OCBC KL Car Free Morning; the annual OCBC Cycle Kuala Lumpur; university cycling initiatives and cycling efforts by various groups of people with disabilities.
Our philanthropic heritage of supporting children and education extends to China, where we have been partnering the Shanghai Soong Ching Ling Foundation since 2007 - the year OCBC Bank was incorporated in China.
We support the children's training for the bi-annual OCBC Wing Hang Little Debate, an event that equips them with important life skills such as creative thinking, critical thinking, problem solving and communication.
As calamities hit the different geographies that we operate in, we show our support for the affected communities by helping to bring relief to the victims and their loved ones.
Our corporate and staff donations are channelled to the affected communities through recognised non-government organisations, including The Red Cross.
We also offer our customers the opportunity to contribute via our banking channels, namely our ATMs, mobile banking, internet banking and phone banking.