Oversea-Chinese Banking Corporation

OCBC drinks to a record profit from brewery sale

Oversea-Chinese Banking Corp, Southeast Asia's second-largest lender, posted record quarterly profit on a gain from the sale of stakes in a drinks manufacturer and a brewery.

Saturday, 10 November, 2012, 5:09am

A land of hope, growth and glory

The apparently never-ending story of mainland China growth is drawing the interest of banks from economies long-admired for their own skill at interweaving laissez-faire verve into a state-driven economic model.

Which takes us to the Lion City, as it increasingly looks north of Southeast Asia for emerging opportunities.

24 Sep 2011 - 12:00am

Asia switching trust to local banks since crisis

When it comes to winning trust among Asian customers, local banks are gaining the upper hand over global ones these days.

The number of customers who prefer to deal with local institutions has jumped significantly since the global financial crisis, according to a study by McKinsey & Co of nearly 20,000 Asian consumers across 13 markets this year.

30 Jun 2011 - 12:00am

Human capital in demand

AS CHINA OPENS its doors to foreign banks to fulfil its World Trade Organisation obligations, employment prospects on the mainland for those with proven experience in the banking and financial services sector are brighter than ever.

12 Jan 2007 - 12:00am

The other speakers ...

Speakers from a wide range of backgrounds will discuss the concept of excellence and give their thoughts and advice.

29 Apr 2006 - 12:00am

OCBC finance chief steps down

Oversea-Chinese Banking Corp (OCBC), Singapore's smallest retail banking player, has announced that finance director Chris Matten is to quit his post, just a month after a new chief executive took the reins.

18 May 2002 - 12:00am

Banks sue gas firm

A banking syndicate dominated by Korean banks has sued Hainan Beihai Gas and its guarantor, Hainan International Trust and Investment Corp (Hitic), for outstanding debts of US$37.83 million.

The 14-member syndicate is the biggest group of foreign banks to file a single writ against a mainland Itic, according to banking sources.

20 Aug 1999 - 12:00am

Smartone provides cellular-phone services

SMARTONE provides cellular-phone services, sells and distributes cellular handsets and holds investments.

In May last year, it was reported that AT&T, ABC Communications and Town Khan had cut or sold stakes, and brokerage OCBC Securities issued a sell recommendation.

23 May 1999 - 12:00am

50 Years Ago

SINGAPORE (April 28): CHINESE businessmen foresee that millions of dollars of new capital will come to this country from Hongkong and Shanghai if the proposal announced by the representative of banks in China to established branches there is sanctioned by the Malayan Government, says the Singapore Free Press.

25 Apr 1999 - 12:00am

OCBC takes extra $4b hit for bad debts

Singapore's Oversea-Chinese Banking Corp (OCBC) added S$938.2 million (about HK$4.21 billion) to its provisions in 1998 and warned bad debts will escalate this year.

2 Mar 1999 - 12:00am

Alex Au/OCBC

Alex Au Siu-kee is a director of OCBC. This was incorrectly reported in yesterday's Business Post.

30 Dec 1998 - 12:00am