OCBC has established an in-house unit with an initial investment of $10 million to develop artificial intelligence (AI) capabilities across commercial banking services, such as wealth advisory and loan financing.
SINGAPORE (Mar 23): UOB Kay Hian is maintaining its “buy” call on Oversea-Chinese Banking Corporation (OCBC) with a target price of $14.95.
In a Thursday report, analyst Jonathan Koh says, “We are encouraged to see OCBC embarking on many IT initiatives to improve operating efficiency.”
