OCBC

Brokers’ take: OCBC downgrades Suntec Reit as funding costs continue to weigh
Brokers’ take: OCBC downgrades Suntec Reit as funding costs continue to weigh
September 23, 2024
OCBC Investment Research has downgraded Suntec Real Estate Investment Trust (Reit) to “sell” as it expects marginal decline in financing costs in the near term. The research house believes...
OCBC invests S0 million in Punggol Digital District innovation hub and SIT partnership
OCBC invests S$500 million in Punggol Digital District innovation hub and SIT partnership
September 18, 2024
OCBC will invest about S$500 million into building its new innovation hub in the Punggol Digital District.The amount will also go towards funding a learning lab in the Singapore...
OCBC invests S0 million in Punggol Digital District innovation hub and SIT partnership
OCBC makes S$500 million bet on Punggol Digital District innovation hub and SIT partnership
September 18, 2024
OCBC will invest about S$500 million into building its new innovation hub in the Punggol Digital District.The amount will also go towards funding a learning lab in the Singapore...
OCBC Bank website, mobile app down for some users
OCBC Bank website, mobile app down for some users
September 1, 2024
Singapore lender OCBC Bank’s website and mobile app couldn’t be accessed by some users on Sunday (Sep 1). The bank apologised for the disruption and said that the services are...
Court of Appeal upholds dismissal of Winson’s claim against OCBC and StanChart 
Court of Appeal upholds dismissal of Winson’s claim against OCBC and StanChart 
August 21, 2024
THE Court of Appeal has on Wednesday (Aug 21) reaffirmed the High Court’s decision to dismiss Winson Oil Trading’s claim against OCBC and Standard Chartered (StanChart) over a US$60.9...
CapitaLand Ascott Trust bags S5 million OCBC sustainability-linked loan
CapitaLand Ascott Trust bags S$165 million OCBC sustainability-linked loan
August 6, 2024
The stapled group is said to have “greened” 51 per cent of its global portfolio by gross floor area as at May 2024CAPITALAND Ascott Trust (Clas) has secured a...
Future offer for Great Eastern, if any, will be made in interest of OCBC: CEO Helen Wong
Future offer for Great Eastern, if any, will be made in interest of OCBC: CEO Helen Wong
August 2, 2024
She notes that the lender’s offer price of S$25.60 is ‘meaningful’, in that it represents a premium to most of the traded metrics of listed life insurance peersIF OCBC...
OCBC looks to balance net interest income growth with NIM impact ahead of interest rate cuts 
OCBC looks to balance net interest income growth with NIM impact ahead of interest rate cuts 
August 2, 2024
The bank’s Q2 net profit rises 14% to S$1.94 billion; the earnings are the second-strongest on recordAHEAD of cuts to US interest rates, OCBC has noted the need to...
OCBC looks to balance net interest income growth with NIM impact ahead of interest rate cuts 
Stocks to watch: OCBC, Jardine Matheson, Jardine C&C, Hongkong Land, Seatrium
August 2, 2024
THE following companies saw new developments that may affect trading of their securities on Friday (Aug 2):OCBC: The bank’s net profit for the second quarter ended June rose 14...
OCBC Q2 profit up 14% at S.94 billion; Salt=
OCBC Q2 profit up 14% at S$1.94 billion; S$0.44 per share interim dividend declared
August 1, 2024
OCBC’s net profit for the second quarter ended June rose 14 per cent to S$1.94 billion, from S$1.71 billion in the previous corresponding period. The bank on Friday (Aug...