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OCBC Bank
Singapore economy
Recessionary risks still abound in increasingly 'two-sided economy': Analysts
Maybank economists have raised the probability of a recession over the next 12 months to 12% as of this month, from 9% in October.
November 23, 2022
Banking & finance
OCBC to raise flagship OCBC 360 account interest rates up to 7.65%
The revised rates mark an all-time high for the bank
October 31, 2022
Broker's Calls
Economists see manufacturing outlook dropping to 3.0% for the full year
RHB's Barnabas Gan has downgraded his manufacturing outlook to 3.0% in 2022 from 4.0% previously.
October 28, 2022
Broker's Calls
Expect 'accelerated net interest margin expansion' as DBS, OCBC report 3QFY2022 results: UOBKH
UOB, DBS and OCBC will be releasing their results on Oct 28, Nov 3 and Nov 4 respectively.
October 27, 2022
Singapore economy
Further MAS tightening still on the table for April 2023 with core inflation still elevated in September, say analysts
Analysts from OCBC, Citi, UOB and RHB are keeping their predictions of further tightening from the MAS at the next scheduled MPS.
October 26, 2022
Sustainability
OCBC joins Net-Zero Banking Alliance, aims to unveil sectoral decarbonisation targets by 1H2023
OCBC pledges to grow its sustainable finance portfolio to $50 billion by 2025.
October 25, 2022
New appointments
OCBC appoints new head for its group consumer banking and wealth management businesses
OCBC appoints Sunny Quek as Head of Global Consumer Financial Services with immediate effect
October 20, 2022
Special Feature
Equities slow as inflation takes hold, but long-term opportunities are still available
Share financing is a viable tool to enhance the potential return on their stock trades.
October 19, 2022
Broker's Calls
Ahead of 3QFY2022 results, watch for fatter margins, North Asia exposure: Maybank
Margins are set to accelerate but investors should watch out for China risks.
October 14, 2022
Broker's Calls
With interest rates, loans 'still expanding', PhillipCapital remains positive on local banks
“Bank dividend yields are attractive at 5% with upside surprise due to excess capital ratios.”
October 12, 2022