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OCBC Hong Kong wants to grow wealth income by fivefold from 2023 levels

Kwan Wei Kevin Tan
Kwan Wei Kevin Tan • 4 min read
OCBC Hong Kong wants to grow wealth income by fivefold from 2023 levels
OCBC Hong Kong’s revenue for 1Q2026 grew by 18% y-o-y to HK$2.2 billion. Photo: Albert Chua/The Edge Singapore
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Oversea-Chinese Banking Corporation (OCBC) Hong Kong is looking to grow its wealth income this year by fivefold as compared to 2023, says the bank’s CEO Wang Ke during a media briefing on May 15.

“That [gives us a] meaningful target. Though I cannot continue to grow at that neck breaking pace going forward, but [it is] still [a] very meaningful growth,” Wang says, noting that OCBC Hong Kong’s wealth business and customer flow income will be the two key areas driving the bank’s non-interest income.

According to OCBC Hong Kong’s annual report, net fee and commission income from wealth management in FY2025 was HK$122 million ($20 million), or about 7% of the bank's total net fee and commission income of HK$1.79 billion. The bank's net fee and commission income from wealth management in FY2023 was HK$59 million.

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