OCBC Bank

Broker's Calls

RHB stays ‘neutral’ on Singapore banks as sector braces for tougher times ahead, names DBS as top pick

Income growth could be a challenge amid elevated rates, the analysts highlight.

Broker's Calls

Singapore's SMEs may pose some threat to local banks: Bloomberg Intelligence

OCBC's weaker-than-peer credit quality in SME loans — 9% of its total — puts it at higher risk.

New appointments

OCBC China appoints Seth Tan new head of corporate banking

Tan will be based in Shanghai and responsible for all banking relationships with state-owned enterprises and large corporations.
CDL first to obtain OCBC's 1.5°C loan with three-year GBP200 mil sustainability-linked facility - THE EDGE SINGAPORE

Environmental, Social and Governance

CDL first to obtain OCBC's 1.5°C loan with three-year GBP200 mil sustainability-linked facility

Launched in March, the 1.5°C loan provided by OCBC incentivises corporates to set and work towards emissions reduction targets.
OCBC sustainable finance loan book hits $52 bil, breaking $50 bil target two years ahead of schedule - THE EDGE SINGAPORE

Environmental, Social and Governance

OCBC sustainable finance loan book hits $52 bil, breaking $50 bil target two years ahead of schedule

Group CEO Helen Wong cites “natural demand” for sustainable loans, allowing its portfolio to grow at a “much faster pace”.

Environmental, Social and Governance

'Plenty of room for improvement' among SGX listcos on climate transition planning

Two reports released in the previous week — one involving SGX RegCo and the other by MAS — explore this nascent but crucial area.
OCBC to roll out generative AI chatbot for its employees globally - THE EDGE SINGAPORE

News

OCBC to roll out generative AI chatbot for its employees globally

Called OCBC GPT, the chatbot can assist employees in writing, research and ideation.
OCBC Wisma Atria turns one, reports seven times higher card applications - THE EDGE SINGAPORE

Company in the news

OCBC Wisma Atria turns one, reports seven times higher card applications than regular banking branches

The 20,000 sq ft lifestyle and banking space officially opened in November 2022.
Citi 'warming up to OCBC' over DBS ahead of 1HFY2023 results, expects 40 cents DPS - THE EDGE SINGAPORE

Broker's Calls

Citi 'warming up to OCBC' over DBS ahead of 1HFY2023 results, expects 40 cents DPS

UOB is set to announce its results for 1HFY2023 ended June on July 27, while DBS will do the same on Aug 3 and OCBC on Aug 4.

Environmental, Social and Governance

Oversupplied and under scrutiny, voluntary carbon markets 'urgently' require consistent framework: OCBC

The market value of voluntary carbon markets is estimated to grow to US$10 billion to US$40 billion by 2030.
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