Oversea-Chinese Banking Corporation Ltd (OCBC.SI)
20 Feb 2017
(The following statement was released by the rating agency) SINGAPORE, February 15 (Fitch) Fitch Ratings has assigned Oversea-Chinese Banking Corp's (OCBC; AA-/Stable) AUD500m floating-rate notes due February 2018 a final rating of 'AA-'. The notes will be issued through OCBC's Sydney Branch under the bank's USD10bn global medium-term note programme. KEY RATING DRIVERS The notes are rated at the same level as OCBC's 'AA-' Long-Term Issuer Default Rating (IDR). This is because the notes will
BRIEF-Oversea-Chinese Banking Corporation bank prices A$500 mln of senior floating rate notes due 2018
Feb 15 Oversea-Chinese Banking Corporation Limited
SINGAPORE Oversea-Chinese Banking Corp, Singapore's second-biggest lender, flagged worries about a weak oil and gas sector after reporting an 18 percent drop in quarterly profit to a three-year low, mainly due to a jump in impairment charges.
* Bank sees more stress on loan portfolio from oil and gas sector (Recasts with CEO's comments from briefing, adds share move)
By Geo Tharappel Feb 2 Most Southeast Asian stock markets closed flat to higher on Thursday after the U.S. Federal Reserve stuck to its mildly upbeat economic view but gave no hints on when it would next raise rates. MSCI's broadest index of Asia-Pacific shares outside Japan was up about 0.3 percent after hitting its highest since mid-October earlier in the day. "It was already priced in... Everybody was expecting that there would be no rate hikes," said Mikey Macana
(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
Nov 23 Oversea-Chinese Banking Corporation Limited :
* Bad debt charges up almost 11 pct (Adds insurance gains, outlook)
SINGAPORE, Oct 27 Singapore's Oversea-Chinese Banking Corp posted a better-than-expected 5 percent rise in third-quarter profit, helped by gains from its insurance unit and wealth management which offset a rise in provisions for bad debt.
BRIEF-Oversea-Chinese Banking Corporation and Great Eastern updates on shareholdings in United Engineers and WBL corp
Sept 26 Oversea-chinese Banking Corporation Limited