OCBC Bank

Sustainability

OCBC joins Net-Zero Banking Alliance, aims to unveil sectoral decarbonisation targets by 1H2023

OCBC pledges to grow its sustainable finance portfolio to $50 billion by 2025.
OCBC appoints new head for its group consumer banking and wealth management businesses - THE EDGE SINGAPORE

New appointments

OCBC appoints new head for its group consumer banking and wealth management businesses

OCBC appoints Sunny Quek as Head of Global Consumer Financial Services with immediate effect
Equities slow as inflation takes hold, but long-term opportunities are still available - THE EDGE SINGAPORE

Special Feature

Equities slow as inflation takes hold, but long-term opportunities are still available

Share financing is a viable tool to enhance the potential return on their stock trades.

Broker's Calls

Ahead of 3QFY2022 results, watch for fatter margins, North Asia exposure: Maybank

Margins are set to accelerate but investors should watch out for China risks.

Broker's Calls

With interest rates, loans 'still expanding', PhillipCapital remains positive on local banks

“Bank dividend yields are attractive at 5% with upside surprise due to excess capital ratios.”
Singapore banks may dial down loan growth targets but still outperform broader market: analysts - THE EDGE SINGAPORE

Broker's Calls

Singapore banks may dial down loan growth targets but still outperform broader market: analysts

Coupled with uncertainty over the 2023 outlook, investors will likely take a cautious stance on bank stocks.
Three weeks after previous hike, OCBC raises fixed deposit interest rates again to match UOB - THE EDGE SINGAPORE

Zest

Three weeks after previous hike, OCBC raises fixed deposit interest rates again to match UOB

OCBC is offering 2.9%-3.1% p.a. interest rate on 12-month fixed deposits.
UOB raises fixed deposit rates, nearing Nov 1998 peak of 3.11% - THE EDGE SINGAPORE

Zest

UOB raises fixed deposit rates, nearing Nov 1998 peak of 3.11%

UOB claims these are the highest rates among the three local banks.

Broker's Calls

CGS-CIMB ‘overweight’ on banking industry with DBS as preferred sector pick

Choong and Lim raise Singapore banks’ earnings per share (EPS) by around 1% to 4% in FY2022 to FY2024
Singapore banking sector may hold ‘upside surprises’: PhillipCap - THE EDGE SINGAPORE

Broker's Calls

Singapore banking sector may hold ‘upside surprises’: PhillipCap

Bank interest rates continued to climb, hitting their highest levels in a decade.
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