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Oversea-Chinese Banking Corporation Ltd (OCBC.SI)

OCBC.SI on Stock Exchange of Singapore

11.23SGD
7 Dec 2018
Change (% chg)

$-0.08 (-0.71%)
Prev Close
$11.31
Open
$11.44
Day's High
$11.44
Day's Low
$11.22
Volume
4,289,700
Avg. Vol
5,671,947
52-wk High
$14.04
52-wk Low
$10.36

Latest Key Developments (Source: Significant Developments)

Wilmar International Says OCBC Bank Partners Wilmar On Bilateral Loan
Thursday, 7 Jun 2018 07:45pm EDT 

June 8 (Reuters) - Wilmar International Ltd ::OCBC BANK PARTNERS WILMAR ON LARGEST SUSTAINABILITY-LINKED BILATERAL LOAN BY A SINGAPORE BANK.US$200 MILLION FACILITY PEGS INTEREST RATES TO SUSTAINABILITY KPIS.  Full Article

Oversea-Chinese Banking Corp Says Q1 Net Profit After Tax S$1.11 Bln
Sunday, 6 May 2018 07:10pm EDT 

May 7 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::NET PROFIT AFTER TAX OF S$1.11 BILLION FOR Q1 OF 2018, UP 29 PERCENT.QTRLY NET INTEREST INCOME FOR Q1 GREW 11 PERCENT TO S$1.42 BILLION.QTRLY NET INTEREST MARGIN ROSE 5 BASIS POINTS TO 1.67 PERCENT FROM 1.62 PERCENT A YEAR AGO.TOTAL ALLOWANCES FOR LOANS AND OTHER ASSETS FOR 1Q18 WERE S$12 MILLION VERSUS S$168 MILLION A YEAR AGO.GROUP'S NON-PERFORMING LOANS RATIO 1.4 PERCENT AS AT 31 MARCH 2018, AS COMPARED TO 1.3 PERCENT PREVIOUS YEAR.AT MARCH-END, COMMON EQUITY TIER 1 CAPITAL ADEQUACY RATIO OF 13.1 PERCENT, AND TIER 1 AND TOTAL CAR OF 14.2 PERCENT AND 15.8 PERCENT RESPECTIVELY."REMAIN VIGILANT TO GEO-POLITICAL EVENTS INCLUDING INCREASED GLOBAL TRADE TENSIONS".  Full Article

Oversea-Chinese Banking Corporation Prices GBP 250 Mln Floating Rate Covered Bonds
Wednesday, 7 Mar 2018 06:00pm EST 

March 8 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::OCBC BANK PRICED GBP 250 MILLION FLOATING RATE COVERED BONDS DUE 2023​.COVERED BONDS WILL BEAR INTEREST AT 3-MONTH STERLING LIBOR REFERENCE RATE PLUS 0.27% PER ANNUM FLOATING RATE PAYABLE QUARTERLY IN ARREAR.‍COVERED BONDS ARE EXPECTED TO BE ISSUED ON 14 MARCH 2018​.  Full Article

Oversea-Chinese Banking Corporation Prices EUR 500 Mln , 0.375 Pct Covered Bonds Due 2023
Thursday, 22 Feb 2018 06:15pm EST 

Feb 23 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::PRICED EUR 500 MILLION 0.375 PER CENT , COVERED BONDS DUE 2023.‍COVERED BONDS WILL BEAR INTEREST AT A FIXED RATE OF 0.375% PER ANNUM, PAYABLE ANNUALLY IN ARREAR​.  Full Article

Oversea-Chinese Banking Corp Q4 NPAT S$1.03 Bln, Up 31 Pct
Tuesday, 13 Feb 2018 06:03pm EST 

Feb 14 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::NET PROFIT AFTER TAX FOR Q4 OF 2017 ("4Q17") OF S$1.03 BILLION WAS 31% ABOVE S$789 MILLION A YEAR AGO.PROPOSED FINAL DIVIDEND OF 19 CENTS.QTRLY NET INTEREST INCOME GREW 14% TO S$1.42 BILLION.COMMON EQUITY TIER 1 CAPITAL ADEQUACY RATIO AS AT 31 DECEMBER 2017 13.9%.  Full Article

Oversea-Chinese Banking Corp Completes Acquisition Of National Australia Bank's Private Wealth Business In Hong Kong​
Sunday, 26 Nov 2017 06:16pm EST 

Nov 27 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::‍OCBC GROUP COMPLETES ACQUISITION OF NATIONAL AUSTRALIA BANK'S PRIVATE WEALTH BUSINESS IN HONG KONG​.  Full Article

Oversea-Chinese Banking Corp's ‍interest in AVICT diluted to 17.3 pct from 20 pct​
Tuesday, 7 Nov 2017 04:07am EST 

Nov 7 (Reuters) - Oversea-chinese Banking Corporation Ltd :Co's ‍interest in avict has been diluted from 19.99% to 17.27%​.Dilution not expected to have any material impact on eps of ocbc group for fy ending 31 dec, 2017​.  Full Article

Oversea-Chinese Banking Corp prices A$200 mln senior floating rate notes
Monday, 30 Oct 2017 05:09am EDT 

Oct 30 (Reuters) - Oversea-chinese Banking Corporation Limited :Ocbc Bank Priced A$200 Million Senior Floating Rate Notes Due 2020.‍notes will bear interest at 3-month bank bill swap reference rate plus 0.60% per annum​.  Full Article

OCBC group posts quarterly net profit of S$1.06 bln
Wednesday, 25 Oct 2017 07:01pm EDT 

Oct 26 (Reuters) - Oversea-Chinese Banking Corporation Ltd :‍OCBC group reported Q3 2017 net profit of S$1.06 billion​.Net interest income grew 12% to S$1.38 billion in 3Q17 from S$1.23 billion a year ago​.‍Q3 earnings grew 12% year-on-year driven by broad-based growth across all key markets and businesses​.Q3 ‍non-interest income was 1% higher at S$978 million​.Group's non-performing loans ("NPL") ratio was 1.3% as at 30 SEPTEMBER 2017​.Quarter end Common Equity Tier 1 Capital Adequacy Ratio of 13.1%, and tier 1 and total CAR of 14.0% and 16.2% respectively​.  Full Article

Oversea-Chinese Banking Corp prices A$300 mln notes due 2020
Monday, 25 Sep 2017 05:25am EDT 

Sept 25 (Reuters) - Oversea-chinese Banking Corporation Limited:OCBC Bank Priced A$300 Million Of Senior Floating Rate Notes Due 2020.Notes will bear interest at 3-month bank bill swap reference rate plus 0 . 6 0 % per annum.  Full Article

UPDATE 2-Singapore's OCBC posts record Q3 profit on higher net interest income

* Singapore banks' outlook weighed by trade tensions (Adds share movement, details on other banks' results)