Welcome!
Oversea-Chinese Banking Corporation (OCBC)
Broker's Calls
OCBC’s ‘stable’ NPL ‘eased some concerns’ about S’pore banks’ CRE exposure: Citi
Compared to the two other major Singapore banks, OCBC’s exposure in Hong Kong office CRE is the highest.
August 02, 2024
Finance
GEH-OCBC offer update: no requirement to announce level of acceptances
Under SFA, there is no requirement for OCBC to announce level of acceptances for GEH
June 14, 2024
Banking & finance
OCBC prices US$750 mil of tier 2 subordinated notes with 4.602% p.a. coupon
The notes are expected to be rated A2 by Moody’s, BBB+ by Standard & Poors and A by Fitch Ratings. They will be issued on June 15.
June 09, 2022
Broker's Calls
Suntec REIT trustee issues $200 mil perpetual securities under US$2 bil Euro Medium Term Securities Programme
Approval in-principle has been received from the SGX-ST.
October 27, 2020
Funds
Lion Global Investors to provide retail investors access to 'private banking' solutions
Curated Portfolios were previously available only to LGI's high-net-worth clients.
October 20, 2020
Results
OCBC posts 6% drop in 3Q earnings to $1.17 bil as swelling provisions offset higher lending, wealth management income
SINGAPORE (Nov 5): Oversea-Chinese Banking Corporation (OCBC Bank) has reported earnings of $1.17 billion for the 3Q19 ended September, some 6% lower than the $$1.25 billion recorded a year ago.
November 05, 2019
Broker's Calls
CGS-CIMB keeps UOB as top bank sector pick despite underperforming NIM expansion
SINGAPORE (June 3): CGS-CIMB Research is keeping United Overseas Bank (UOB) as its top pick among the Singapore banks, despite the bank’s NIM expansion underperforming compared to its peers.
June 03, 2019
Broker's Calls
Singapore banks to shine despite regional macros, competition from fintechs: Maybank
SINGAPORE (Mar 18): Maybank Kim Eng is keeping “positive” on Singapore’s banking sector while noting significant interest among Malaysian investors in Singapore banks from a flight-to-quality angle, and for their high dividend yields as the SGD appr
March 18, 2019
Broker's Calls
9 undervalued stocks to watch in the MSCI Singapore Index: KGI
SINGAPORE (Dec 18): KGI Securities has highlighted nine stocks in the MSCI Singapore Index that are currently undervalued, even as they each offer a FY18 dividend yield of more than 3.5%.
December 18, 2018
Broker's Calls
Why UOB is the better of two 'buys', according to DBS
SINGAPORE (Dec 4): DBS Vickers Securities is maintaining its “buy” for United Overseas Bank (UOB) and Oversea-Chinese Banking Corp (OCBC) with target prices of $29.50 and $13.20.
December 04, 2018