OCBC

Investing strategies

Better market clarity later this year; position for China consumption plays, says OCBC's Menon

Everyone is waiting with bated breath because of Trump's unpredictability and what the Fed will do in the next six months

Broker's Calls

Special dividend from DBS, share buyback programme by UOB in CGSI’s forecasts ahead of FY2024 results

DBS will announce its results on Feb 11, followed by UOB on Feb 19 and OCBC on Feb 26.

Broker's Calls

Morningstar raises target prices on all three Singapore banks by 3%-6%

The Fed may be more likely to hold than to cut US interest rates, and this shift in stance may help maintain margins.

Bonds and treasuries

Constructive Asiadollar and Singdollar credit markets in 2024

OCBC expects Singdollar credit spreads will remain tight relative to historical levels
‘Accumulate’ all three local banks, but Phillip Securities prefers OCBC, UOB - THE EDGE SINGAPORE

Broker's Calls

‘Accumulate’ all three local banks, but Phillip Securities prefers OCBC, UOB

Non-interest income will provide a boost in 2025; the banks expect fee income to continue their strong growth from the sustained shift in investor sentiment.
OCBC disposes entire 33.33% stake in Hong Kong Life Insurance - THE EDGE SINGAPORE

Deals, joint ventures & alliances

OCBC disposes entire 33.33% stake in Hong Kong Life Insurance

OCBC disposes of holdings in Hong Kong Life Insurance for HKD$589.3 million.

Environmental, Social and Governance

Cofco International secures US$600 mil sustainability-linked revolving credit from OCBC

Cofco International is the overseas agriculture business platform of Cofco Corporation, China's largest food and agriculture company.
C-suite changes, enhanced earnings and capital management to buoy banks in 2025 - THE EDGE SINGAPORE

Banking & finance

C-suite changes, enhanced earnings and capital management to buoy banks in 2025

Local banks to benefit from fewer rate cuts, higher securities prices, low credit costs, regionalisation, trade war, China+1, US deregulation, higher dividends
Panin Bank acquisition impact for OCBC and DBS could be smaller on uncertainties surrounding Gunawan family’s plans:  - THE EDGE SINGAPORE

Broker's Calls

Panin Bank acquisition impact for OCBC, DBS could be smaller on uncertainties: RHB

An OCBC-Panin Bank combination would lift the enlarged group to fifth position while a DBS-Panin Bank entity would propel DBS into the top 10 versus its high-teens ranking.

Banking & finance

OCBC and CIMB vying for controlling stake in Indonesia's Panin Bank, Maybank working on potential bid: Reuters

Panin Bank is now controlled by the Gunawan family and ANZ, with their combined stakes worth some US$2.4 billion
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