OCBC in the news

OCBC priced $750 million in covered bonds with a 4.63% interest rate, due in 2029.

Citi, in collaboration with FAB and OCBC, processed live transactions on Swift's blockchain-based ledger to advance digital asset capabilities and enable 24/7 cross-border payments.

Eduardo Saverin tops Singapore's rich list for the fourth year, while the OCBC-linked Lee family sees the biggest wealth increase due to growth in wealth management.

OCBC implemented an agentic AI platform called Helios to significantly cut private banking onboarding times and generate new business leads through enhanced compliance processes.

OCBC is deploying an AI platform to accelerate the onboarding process for its wealthy clients.

OCBC Bank committed RM325 million in financing to ERS Energy for a battery energy storage project supporting Malaysia's clean energy transition.

OCBC implements agentic AI, HELIOS, to streamline private banking client onboarding and enhance compliance.

OCBC will use agentic AI to speed up the onboarding of wealth management clients.

OCBC is deploying an AI platform to accelerate account opening for wealthy clients, reducing approval times to 15 business days.

OCBC launched its HELIOS AI platform to halve wealth client onboarding time and automate KYC processes for its private banking arm and eventually its consumer banking segment.

OCBC's Bank of Singapore is rolling out an agentic AI platform to cut wealth client onboarding time from over 30 days to 15 days.

OCBC is using agentic AI to transform its customer due diligence process in wealth management, significantly reducing onboarding times and enhancing lead generation.

OCBC increased its shareholding in iX Biopharma to 5.04% after acquiring an additional 3.7 million shares for over $1.5 million.

CGS International upgraded DBS, OCBC, and UOB to Add ratings due to improved ROE, projected dividend growth, and margin expansion through 2027.

OCBC launched physical gold trading and custodial services for institutional and private banking clients through its Singapore-based vault.

Clients of Bank of Singapore and OCBC can now buy and store physical gold bars in a local Singapore vault to hedge against market volatility.

OCBC is launching physical gold trading and secure storage services for institutional and high-net-worth clients in Singapore.

OCBC and Bank of Singapore are launching physical gold trading and custody services for institutional and wealthy clients via a local Singapore vault.

OCBC analysis indicates that rising oil prices and US monetary policy are weakening the Korean Won and Indonesian Rupiah, prompting central bank interventions.

A 25 basis point ECB rate hike is expected to have little impact on the Euro, shifting market focus toward oil price risks and geopolitical tensions.