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Oversea-Chinese Banking Corporation Ltd (OCBC.SI)

OCBC.SI on Stock Exchange of Singapore

11.68SGD
23 Jul 2019
Change (% chg)

$0.04 (+0.34%)
Prev Close
$11.64
Open
$11.67
Day's High
$11.68
Day's Low
$11.63
Volume
3,680,700
Avg. Vol
5,491,320
52-wk High
$12.19
52-wk Low
$10.36

Latest Key Developments (Source: Significant Developments)

Great Eastern Holdings Says Unit Entered Into Conditional Sale And Purchase Agreement
Tuesday, 11 Jun 2019 

June 11 (Reuters) - Great Eastern Holdings Ltd ::UNIT LION GLOBAL INVESTORS ENTERED INTO A CONDITIONAL SALE AND PURCHASE AGREEMENT WITH BANK OF SINGAPORE.  Full Article

Oversea-Chinese Banking Corp's Unit To Acquire 3.5 Mln Shares In Pacific Mutual Fund
Tuesday, 11 Jun 2019 

June 11 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::UNIT BANK OF SINGAPORE LIMITED, LION GLOBAL INVESTORS LIMITED ENTERED INTO A CONDITIONAL SALES AND PURCHASE AGREEMENT.BANK OF SINGAPORE TO ACQUIRE 3.5 MILLION SHARES IN PACIFIC MUTUAL FUND BHD.BANK OF SINGAPORE TO ACQUIRE 1.5 MILLION SHARES IN CAPITAL OF PACIFIC MUTUAL FUND FROM KOPERASI ANGKATAN TENTERA MALAYSIA.DEAL FOR AGGREGATE CONSIDERATION OF ABOUT 35.6 MILLION RGT.  Full Article

Oversea-Chinese Banking Corp Says Q4 Net Profit After Tax Down 11 PCT To S$926 Mln
Friday, 22 Feb 2019 

Feb 22 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::Q4 NET PROFIT AFTER TAX FELL 11 PERCENT TO S$926 MILLION .Q4 NET INTEREST INCOME INCREASED 7 PERCENT YEAR-ON-YEAR TO S$1.52 BILLION .PROPOSED FINAL DIVIDEND OF 23 CENTS PER SHARE.Q4 NPL RATIO 1.5 PERCENT VERSUS 1.5 PERCENT.AS AT DEC 31 2018 COMMON EQUITY TIER 1 RATIO 14.0 PERCENT VERSUS 13.6 PERCENT AS AT SEPT 30.Q4 NET INTEREST MARGIN 1.72 PERCENT VERSUS 1.67 PERCENT.GLOBAL ECONOMIC GROWTH EXPECTED TO SLOW ON CONCERNS OF CONTINUED TRADE AND GEOPOLITICAL TENSIONS, AMONG OTHERS.  Full Article

Oversea-Chinese Banking Corporation Says OCBC Bank Collaborates With Xiaomi And Hanhua
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::OCBC BANK COLLABORATES IN VENTURE WITH LEADING CHINESE CORPORATIONS XIAOMI AND HANHUA.PARTIES LOOKING TO INTRODUCE INTEGRATED PLATFORM THAT PROVIDES FINANCIAL SERVICES THROUGHOUT CHINA.  Full Article

Oversea-Chinese Banking Corp Q3 Net Profit Up 12 Pct
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::Q3 NET PROFIT GREW 12% YOY TO S$1.25 BLN.Q3 NET PROFIT FROM BANKING OPERATIONS ROSE 23% YOY TO S$1.07 BLN.NET INTEREST INCOME IN Q3 GREW 9% TO S$1.51 BILLION FROM S$1.38 BILLION A YEAR AGO.6 BASIS POINTS RISE IN NET INTEREST MARGIN TO 1.72% IN QUARTER.COMMON EQUITY TIER 1 CAPITAL ADEQUACY RATIO OF 13.6% AS AT SEPT 30.GROUP'S NON-PERFORMING LOANS RATIO WAS 1.4% AS AT 30 SEPT.  Full Article

Oversea-Chinese Banking Corp Updates On OCBC Wing Hang Bank's Sale Of Stake In Hong Kong Life Insurance
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::UPDATES ON OCBC WING HANG BANK LIMITED'S SALE OF 33.33% STAKE IN HONG KONG LIFE INSURANCE.OCBC WING HANG BANK TOGETHER WITH OTHER SELLERS TERMINATED SALE OF 33.33% STAKE IN CAPITAL OF HONG KONG LIFE INSURANCE.OVERSEA-CHINESE BANKING CORPORATION - AGGREGATE DEPOSIT OF HK$710 MILLION PAID BY PURCHASER FORFEITED IN FAVOUR OF SELLERS.AGREEMENT WITH FIRST ORIGIN INTERNATIONAL LTD TERMINATED DUE TO CONDITIONS NOT BEING SATISFIED.  Full Article

Oversea-Chinese Banking Corp Q2 Net Profit After Tax S$1.21 Bln, Up 16 Pct
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::NET PROFIT AFTER TAX OF S$1.21 BILLION FOR Q2 OF 2018 , CLIMBING 16%.2Q18 NET INTEREST INCOME S$1.45 BILLION 8% UP.COMMON EQUITY TIER 1 CAPITAL ADEQUACY RATIO , TIER 1 CAR & TOTAL CAR AS AT 30 JUNE 13.2%, 14.3% & 15.9%.NON-PERFORMING LOANS RATIO WAS 1.4% AS AT 30 JUNE 2018.QTRLY NET INTEREST MARGIN ROSE 2 BASIS POINTS TO 1.67%.AN INTERIM DIVIDEND OF 20 CENTS PER SHARE HAS BEEN DECLARED FOR FIRST HALF OF 2018."OPERATING ENVIRONMENT IS INCREASINGLY CHALLENGING".OCBC- "WE ARE WATCHFUL OF SEVERE IMPLICATIONS TO GLOBAL ECONOMY AND FINANCIAL MARKETS FROM ESCALATING TRADE AND POLITICAL TENSIONS".  Full Article

OCBC Sees Gradual Rise in Net Interest Margins in Coming Quarters - CEO
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::SEES GRADUAL RISE IN NET INTEREST MARGINS IN COMING QUARTERS -CEO.EXEC SAYS STILL SEES SOME RESILIENCE FROM HOME BUYERS DESPITE RECENT PROPERTY COOLING MEASURES.  Full Article

Oversea-Chinese Banking Corporation Priced EUR 500 MLN 0.625 pct Covered Bonds Due 2025
Thursday, 12 Apr 2018 

April 12 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::PRICED EUR 500 MILLION 0.625 PER CENT. COVERED BONDS DUE 2025.  Full Article

Oversea-Chinese Banking Corp Completes Acquisition Of National Australia Bank's Private Wealth Business In Hong Kong​
Monday, 27 Nov 2017 

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