Another franchise shift refers to deepening the twin hubs of Singapore and Hong Kong. The plan is to scale Global Markets in Hong Kong.
Treasury actually. Can OCBC’s Treasury & Markets be scaled to deliver consistent double-digit growth in total income and further boost total shareholder returns? OCBC’s relatively new group CEO Tan Teck Long’s dividend policy is to maintain a 50% payout ratio as analysts clamour for more share buybacks. The higher the net profit, the higher the absolute dividends, and OCBC’s long-term shareholders prefer dividends.
Let’s take a step back and focus on dividends from growth. On Feb 25, Tan introduced the Next Frontier Strategy with four important Shifts. In the Franchise Shift, available in OCBC’s 2025 Annual Report, one of the strategies is to grow OCBC’s private bank in Indonesia. To that end, OCBC’s has announced the acquisition of HSBC’s International Wealth and Premier Bank in Indonesia.
