OCBC Bank

 Leveraging tech to make a quantum leap  - THE EDGE SINGAPORE

Singapore Fintech Festival 2024

Leveraging tech to make a quantum leap

OCBC is gearing up to harness Quantum and AI to revolutionise banking.
OCBC group COO Lim Khiang Tong retires - THE EDGE SINGAPORE

Corporate moves

OCBC group COO Lim Khiang Tong retires

Lim assumed the role on June 21, 2021.
OCBC to invest some $500 mil in Punggol Digital District, sets up SIT learning lab - THE EDGE SINGAPORE

Banking & finance

OCBC to invest some $500 mil in Punggol Digital District, sets up SIT learning lab

When complete in 1Q2027, the 430,000 sq ft OCBC Punggol will house up to 4,000 staff.

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.
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