Singapore’s bank OCBC raises 2023 target, third-quarter net profit beats forecast

[ad_1] SINGAPORE: Singapore’s second largest bank Oversea-Chinese Banking Corp (OCBC) raised its targeted 2023 net interest margin, a key profitability gauge, after posting on Friday a better-than-expected 21% jump in…

Singapore bank OCBC raises 2023 target, third-quarter net profit beats forecast

[ad_1] SINGAPORE: Singapore’s second largest bank Oversea-Chinese Banking Corp (OCBC) raised its targeted 2023 net interest margin, a key profitability gauge, after posting on Friday (Nov 10) a better-than-expected 21…

Singapore’s bank OCBC third-quarter net profit rises 21% on year

[ad_1] Oversea-Chinese Banking Corporation Limited (the Bank) is engaged in the business of banking, life insurance, general insurance, asset management, investment holding, futures and stockbroking. Its segments include Global Consumer/Private…

OCBC digital banking and payment services down; bank says experiencing ‘intermittent technical issues’

[ad_1] SINGAPORE: Some customers were unable to access OCBC’s digital banking services or use its PayNow platform on Tuesday (Nov 7), with the bank citing “intermittent technical issues”. In a Facebook…

The Big Read: With no foolproof way to prevent banking and e-payment outages, what can businesses and consumers do?

[ad_1] At Woofie, an unmanned thrift store, sales on Oct 14 were lower by an estimated 10 per cent as compared to their usual sales for a Saturday, said co-founder…

Commentary: Singapore banks’ latest anti-scam measures may be inconvenient, but would you rather lose your life savings?

[ad_1] THE PROBLEM WILL GET WORSE The bad news is that the attractiveness of easy pickings will only encourage these perpetrators and motivate them to continue innovating as they already…

Westports, OCBC Bank adopt Bursa’s CSI platform to advance sustainability practices

[ad_1] KUALA LUMPUR: Westports Holdings Bhd and OCBC Bank (Malaysia) Bhd have become the latest adopters of Bursa Malaysia’s centralised sustainability intelligence (CSI) platform. In a statement, the stock exchange…

Singapore’s OCBC bank says it is facing technical problems

[ad_1] Aug 28 (Reuters) – Singapore’s second-biggest lender Oversea-Chinese Banking Corp (OCBC)(OCBC.SI) said on Monday it is facing technical problems with its systems impacting various banking channels. Mobile and online…

OCBC issues US$50m notes

[ad_1] Join Singapore Business Review community Since you’re here… …there are many ways you can work with us to advertise your company and connect to your customers. Our team can…

Sustainability is key for OCBC

[ad_1] NOT many know that the Oversea-Chinese Banking Corp (OCBC) can trace its roots in Malaysia to as far back as 1917. No wonder then that the Singapore banking group,…