OCBC

OCBC sticks to 50% dividend payout ratio for FY2023, sets NIM target above that of peers - THE EDGE SINGAPORE

Banking & finance

OCBC sticks to 50% dividend payout ratio for FY2023, sets NIM target above that of peers

Before FY2022, OCBC had been viewed as somewhat parsimonious in its dividends. That has changed under current CEO Helen Wong.
OCBC posts record net profit of $7.02 billion for FY2023, up 27% y-o-y; plans final dividend of 42 cents - THE EDGE SINGAPORE

Results

OCBC posts record net profit of $7.02 billion for FY2023, up 27% y-o-y; plans final dividend of 42 cents

This brings the FY2023 dividend to 82 cents per share, up 21% from 68 cents a year ago and represents a payout ratio of 53%.

Asean

Ahead of Indonesia's Feb 14 elections, OCBC sees 'no clear candidate' to continue Jokowi's policies

Jokowi has adopted many longer-term priorities that the incoming chief must follow through in order to yield “substantive results”
OCBC issued over $7 bil in sustainable financing to region's SMEs last year, more than double y-o-y - THE EDGE SINGAPORE

Banking & finance

OCBC issued over $7 bil in sustainable financing to region's SMEs last year, more than double y-o-y

Demand for commercial loans may “continue to be somewhat soft” this year, says OCBC head of global commercial banking.
Women CEOs face challenges  - THE EDGE SINGAPORE

Banking & finance

Women CEOs face challenges

Women CEOs face challenges in all fields, especially banking
OCBC undergoes strategic reset  - THE EDGE SINGAPORE

Banking & finance

OCBC undergoes strategic reset

OCBC CEO Helen Wong explains how the one group strategy can generate an additional $3 billion in revenue

Bonds and treasuries

1H2024 outlook for Singapore credit: Bye or buy?

We expect stable fundamentals for the financial institutions under our coverage

Banking & finance

Local banks in the right markets but will face headwinds in 2024: analysts

Banks face pressure from NIMs, credit costs offset by higher wealth fees
A reset for OCBC with a focus on the flow business and dividends  - THE EDGE SINGAPORE

Banking & finance

OCBC's Wong reaffirms One Bank vision with eyes firmly on shareholders’ returns

OCBC's rebranding involves a reset with a focus on the regional flow business and dividends

Bonds and treasuries

Singdollar credit market may finish the year strongly

The SGD credit market has more than clawed back its losses in 2022
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