OCBC

Margin relief lifts outlook for DBS, OCBC and UOB, extending Singapore bank rally
Margin relief lifts outlook for DBS, OCBC and UOB, extending Singapore bank rally
Sentiment remains largely positive on the sector amid resilient asset quality, steady capital returns [SINGAPORE] The three local banks may be nearing the end of the margin squeeze that...
Mitsui OSK inks financing deal for Singapore LNG terminal with banks including DBS, OCBC
Mitsui OSK inks financing deal for Singapore LNG terminal with banks including DBS, OCBC
The deal is for a newbuild floating storage and regasification unit that will be operated by Singapore LNG Corporation [SINGAPORE] Mitsui OSK Lines (MOL) has signed a project finance...
DBS, OCBC hit new records but UOB lags
DBS, OCBC hit new records but UOB lags
The new records follow DBS’ appointment by the Chinese central bank to be the first local bank to serve as a yuan clearing lender[SINGAPORE] Shares of two local banks,...
Former OCBC CEO Samuel Tsien appointed as new Jardine C&C independent chairman
Former OCBC CEO Samuel Tsien appointed as new Jardine C&C independent chairman
[SINGAPORE] Jardine Cycle & Carriage has appointed former OCBC group chief executive officer Samuel Tsien as its new independent chairman, effective Nov 11.The 71-year-old, who is currently a lead...
Still ‘more things to be done’ to reap synergies across OCBC: deputy CEO Tan Teck Long
Still ‘more things to be done’ to reap synergies across OCBC: deputy CEO Tan Teck Long
[SINGAPORE] OCBC’s incoming chief executive wants to continue building on the bank’s cross-selling and integration strategy. “We are an integrated financial services group, so there will be synergies to...
OCBC trims full-year NIM guidance; Q2 profit slips 7% to S.82 billion
OCBC trims full-year NIM guidance; Q2 profit slips 7% to S$1.82 billion
[SINGAPORE] OCBC has lowered its target net interest margin (NIM) for FY2025 to a range of 1.9 to 1.95 per cent, down five to 10 basis points (bps) from...
Stocks to watch: OCBC, Fu Yu, TalkMed
Stocks to watch: OCBC, Singtel, Wilmar, Food Empire, Telechoice
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jul 18):  OCBC, Singtel: The bank will partner the three local universities on...
OCBC to develop quantum applications with NUS, NTU and SMU
OCBC to develop quantum applications with NUS, NTU and SMU
[SINGAPORE] OCBC will embark on research collaborations with three local universities to develop applications of quantum technology in derivative pricing, fraud detection and data security. The bank announced this...
Stocks to watch: OCBC, Fu Yu, TalkMed
Stocks to watch: OCBC, Fu Yu, TalkMed
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jun 30): OCBC: The local bank announced in an e-mail sent to customers on...