Oversea-Chinese Banking Corp (OCBC)

OCBC prices $200 mil 3% perpetual capital securities first callable in 2030 - THE EDGE SINGAPORE

Banking & finance

OCBC prices $200 mil 3% perpetual capital securities first callable in 2030

Oversea-Chinese Banking Corporation (OCBC) has priced $200 million perpetual capital securities first callable in 2030 as a private placement under its US$30 billion ($41.06 billion) Global Medium

Banking & finance

MAS to be 'closely studying' report on suspicious transactions in Singapore banks

Singapore’s financial regulator is “closely studying” a report that said about US$4.4 billion ($5.98 billion) of suspicious transactions flowed through the city’s banks.

Broker's Calls

PhillipCapital foresees 'long and gradual recovery ahead' for Singapore banking sector

PhillipCapital analyst Tay Wee Kuang has maintained his “neutral” recommendation on the Singapore banking sector.

Investing 101

DBS, UOB, OCBC: Which ones to invest in, and are they worth the investment?

If you’ve been studying the list of companies on the Singapore Exchange (SGX), you will find that the three Singapore banks – DBS Group Holdings, United Overseas Bank Limited (UOB), and O

Management & Corporate Governance

OCBC files court applications for KS Energy to be put under judicial management

OCBC Bank has filed applications in the High Court of Singapore to put KS Energy under judicial management, with Andrew Grimmett and Lim Loo Khoo of Deloitte & Touche as interim judicial manage

Broker's Calls

Banks’ earnings will erode as NIMs expected to fall near post-GFC low: DBS

SINGAPORE (July 22): Singapore banks are expected to see a 6% to 8% y-o-y decline in earnings in 2Q20 on the back of lower net interest margins (NIMs), according to DBS Group Research.


Winson Oil Trading takes OCBC to court, demands payment for Hin Leong deal

(June 5): The spectacular collapse of Singapore oil trader Hin Leong Trading (Pte) Ltd. has sparked another legal skirmish between one of its banks and a trading rival.

Broker's Calls

Retail REITs, retail and transport stocks poised to benefit from circuit breaker exit: DBS

SINGAPORE (June 1): As Singapore begins to ease the circuit breaker (CB) measures starting with Phase 1 on June 2, several stocks and real estate investment trusts (REITs) could emerge as beneficia


DBS, OCBC, UOB set to post first profit decline since 2016

(Apr 29): All three of Singapore’s banks are expected to see profit declines for the first time since 2016 as they set aside cash for a potential spike in bad loans stemming from the coronavirus-fu


DBS, OCBC, UOB likely to record impairments owing to Hin Leong Trading bankruptcy: Phillip Securities

SINGAPORE (April 22): The bankruptcy filing by Hin Leong Trading (HLT), a major oil trading firm in Singapore, is set to hit the three local banks, according to Phillip Securities.

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