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Oversea-Chinese Banking Corporation Ltd (OCBC.SI)

OCBC.SI on Stock Exchange of Singapore

9.26SGD
9 Dec 2016
Change (% chg)

$-0.04 (-0.43%)
Prev Close
$9.30
Open
$9.29
Day's High
$9.30
Day's Low
$9.20
Volume
8,260,300
Avg. Vol
5,339,761
52-wk High
$9.45
52-wk Low
$7.41

Latest Key Developments (Source: Significant Developments)

Bank of Singapore says it has been selected by DZ PRIVATBANK Singapore to sign referral agreement
Friday, 28 Oct 2016 03:04am EDT 

Bank of Singapore : has been exclusively selected by Dz PRIVATBANK Singapore Ltd to sign a referral agreement . DZ PRIVATBANK singapore will offer its clients option to move their assets to bank of singapore . there is no financial exchange between the two banks. Further company coverage: [OCBC.SI] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Oversea-Chinese Banking says Q2 net profit S$885 mln
Wednesday, 27 Jul 2016 07:04pm EDT 

Oversea-Chinese Banking Corporation Ltd : Second quarter and/ or half yearly results) . Ocbc group reported second quarter 2016 net profit of s$885 million; second quarter earnings down 15% . The second quarter, net interest income declined 2% to s$1.26 billion from s$1.28 billion . Interim dividend maintained at 18 cents per share . Qtrly non-interest income was 16% lower at s$788 million as compared with s$939 million a year ago . Group's common equity tier 1 capital adequacy ratio tier 1 car and total car as at 30 June 2016, were 14.9%, 15.5% and 17.5% respectively . Net interest margin for the quarter rose 1 basis point to 1.68% from a year ago from improved customer loan yields. . Quarter end group's npl ratio was 1.1%, higher from 0.7% a year ago and from 1.0% the previous quarter . "We are well-positioned to weather the uncertainties ahead" .  Full Article

Oversea Chinese Banking updates on increase in shareholding in Great Eastern
Wednesday, 27 Jul 2016 05:43am EDT 

Oversea-Chinese Banking Corporation Ltd : Increase in shareholding in Great Eastern Holdings Limited . Purchased, on a willing buyer willing seller basis, 100,000 shares at S$21.45 per share in Great Eastern . Says purchase has increased ocbc bank's shareholding in geh from 87.73% to 87.75% .Deal for a total gross consideration of S$2.145 million in cash.  Full Article

Oversea-Chinese Banking Corp merges two banking units in China
Monday, 18 Jul 2016 02:51am EDT 

Oversea-Chinese Banking Corporation Ltd : Merges two banking subsidiaries in China to become OCBC Wing Hang China . Headquartered in Shanghai, OCBC Wing Hang China has a registered capital of RMB5 billion (s$1 billion) ((For more news, please click here [OCBC.SI])) ((Bengaluru Newsroom; +91 80 6749 1130)).  Full Article

Investors file U.S. lawsuit accusing banks of conspiring to rig derivative prices incorporating Singapore rate benchmarks
Friday, 1 Jul 2016 03:44pm EDT 

: Investors file U.S. lawsuit accusing banks of conspiring to rig derivative prices incorporating Singapore rate benchmarks-filing . Lawsuit alleges rigging based on Singapore interbank offered rate, Singapore swap offer rate . Some defendants include Citigroup Bank, of America, JPMorgan Chase rbs, UBS, ING, BNP Paribas Oversea Chinese Banking Corp- . Defendants also include Barclays, Credit Agricole Credit Suisse stanchart, Dbs, Mitsubishi Ufj HSBC, Macquarie, Commerzbank.  Full Article

Moody's changes outlook on Singapore's banking system to negative
Wednesday, 29 Jun 2016 09:54pm EDT 

Moody's: Moody's changes outlook on Singapore's banking system to negative . Moody's On Singapore - Expect rising risks to the banks' asset quality and profitability . Moody's On Singapore - Growth will be adversely affected by slowing domestic manufacturing sector, weaker economic activity in Greater China, Malaysia .Moody's - Negative outlook on Singapore's banking system over next 12-18 months reflects weaker operating conditions for the banks.  Full Article

Oversea-Chinese Banking Corp announces disposal of interest in Singapore Index Fund
Monday, 30 May 2016 05:58am EDT 

Oversea-Chinese Banking Corporation Ltd : Disposal of interest in Singapore index fund . Total net cash proceeds of approximately s$19.3 million . sale not expected to have material impact on eps of ocbc bank for year ending 31 dec 2016 .  Full Article

Oversea-Chinese Banking Corporation Ltd announces dissolution of OCBC Pearl Limited
Tuesday, 19 Jan 2016 04:39am EST 

Oversea-Chinese Banking Corporation Ltd:Says dissolution of OCBC Pearl Limited, a wholly-owned subsidiary of OCBC Bank, has been dissolved on 19 January 2016.  Full Article

Oversea-Chinese Banking Corporation Ltd says OCBC Bank priced A$400 mln of senior floating rate notes
Wednesday, 4 Nov 2015 07:51am EST 

Oversea-Chinese Banking Corporation Ltd:Says OCBC bank priced A$400 million of senior floating rate notes.Net proceeds from the issue of the notes will be used for the general corporate purposes of OCBC Bank.Says the notes will be issued by OCBC Bank, acting through its Sydney branch.  Full Article

Oversea-Chinese Banking Corporation Ltd declares interim dividend
Thursday, 30 Jul 2015 06:59pm EDT 

Oversea-Chinese Banking Corporation Ltd:Declared An interim dividend of 18 cents per share has been declared for the first half of 2015.  Full Article

Fitch Rates OCBC's Inaugural Covered Bonds 'AAA(EXP)'; Outlook Stable

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Oversea-Chinese Banking Corp - Mortgage Covered Bonds https://www.fitchratings.com/site/re/890730 SEOUL/SYDNEY, November 23 (Fitch) Fitch Ratings has assigned a 'AAA(EXP)' rating to Oversea-Chinese Banking Corp's (OCBC; AA-/Stable/F1+) inaugural series of mortgage covered bonds. The Outlook is Stable. Covered bonds issued from the programme are expected to comply with the requirements of Monetary Autho