Media Release OCBC Group Reports Full Year 2007 Net Profit of S$2,071 million Core Net profit rose 30% to S$1,878 million for the year Singapore, 21 February 2008 - Oversea-Chinese Banking Corporation Limited ("OCBC Bank") today reported a net profit attributable to shareholders ("net ...
Customer deposits rose year-on-year and from the previous quarter to S$349 billion. Current account and savings deposits (“CASA”) ratio of 60.9% was lower quarter-on-quarter due to shift of CASA balances to higher-yielding fixed deposits in a rising interest...
This doesn’t show the whole picture, however. Unlike Wise, many banks advertise low fees, while adding hidden costs to the exchange rate. Often without telling you. Compare OCBC Wing Hang Bank to Wise to see how much you can save.Compare fees for OCBC Wing Hang BankGet...
Citibank Singapore Limited, DBS Bank/POSB, HSBC, Industrial and Commercial Bank of China Limited, Maybank, OCBC Bank, Standard Chartered Bank, and UOB. With PayNow QR code, retails customers of participating banks can now transfer fund by scanning the PayNow QR code using the existing mobile ba...
Celebrate Singapore's 58th birthday in true style with FRANK by OCBC and the little dröm store's collaborative masterpiece. Eight limited-edition Singapore-inspired Debit Card designs have been meticulously crafted to ignite your sense of pride in our culture and honour the real stories that ha...
Fees and commissions grew by 5%, led by growth in fund management, wealth management and trade and remittance activities. Net interest income however fell by 0.5% to S$363 million, hurt by higher cost of funds in a rising interest rate environment and limited gapping opportunities...
Here’s a quick summary of the different types of loans that are available for SMEs in Singapore. Type of loanPurposeMaximum loan amountInterest rate (p.a.)Loan tenure SME Working Capital Loan To support daily operations or fund business expansion $500,000 7– 10% 1– 5 years Busine...
Flat rate of 0.88% of the total sales proceeds S$0.35 (CDP Fee) + GST per counter Applicable for new BCIP accounts opened from 28 June 2019 only. For investment amounts above S$500, 0.3% of the total investment amount or S$5 per counter, whichever is higher, will be charged. ...
Media Release OCBC Group Full Year 2014 Net Profit After Tax Up 39% to S$3.84 billion Record core net profit underpinned by broad-based income growth Singapore, 11 February 2015 – Oversea-Chinese Banking Corporation Limited ("OCBC Bank") reported a net profit after tax of S$3.84 billion ...
robust underlying insurance business growth; however, profit from life assurance of S$499 million declined 21% as a result of higher costs associated with strong sales growth, a rise in medical claims and mark-to-market losses as result of interest rate movements in its Non-participating Fund....