Oversea-Chinese Banking Corporation (OCBC)

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.

Approval in-principle has been received from the SGX-ST.

Curated Portfolios were previously available only to LGI's high-net-worth clients.

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.

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.

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

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%.

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.

SINGAPORE (Sept 7): The rise of e-payments might create a potentially existential challenge for banks, but two Singapore banks are expected to emerge winners despite the disruption, according to Morgan Stanley Research.

SINGAPORE (July 6): DBS Group Research is downgrading its recommendations for both Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB) – and slashing their target prices by up to 20%.