OCBC acquired Wing Hang Bank in 2014 to accelerate its entry into Hong Kong, Macau and the mainland. Last year, Hong Kong and Macau contributed 21 per cent of the bank's pre-tax profit.
OCBC Hong Kong, a unit of Singapore’s OCBC Bank, has signed a share purchase agreement to divest its complete 33.33% holding in Hong Kong Life Insurance to investment holding company Yue Xiu ...
Oversea-Chinese Banking Corp.’s chief executive officer made a fresh effort to win over key shareholders of a Singapore ...
OCBC Bank's subsidiary, OCBC Hong Kong, has sold its 33.33% stake, or 290 million ordinary shares, in Hong Kong Life Insurance Limited to Yue Xiu Enterprises Limited. The net asset value of the entire ...
OCBC has agreed to sell its entire stake in Hong Kong Life Insurance to a Hong Kong investment holding company for HK$589.3 million (S$103 million). OCBC, through its wholly owned subsidiary OCBC Bank ...
SINGAPORE - Singapore-listed lender OCBC Bank is selling its entire stake in loss-making insurer Hong Kong Life for HK$589.3 million (S$103 million). OCBC has a 33.3 per cent stake in Hong Kong ...
“Employees are our most valuable asset. We prioritise, empower, and support our employees in their personal growth and development” shares Cindy Leung, Head of Human Resources, OCBC Hong Kong. OCBC ...
According to analyst Jonathan Koh, the three banks provide “attractive” value with a low P/B of 1.46 times and a high ...
XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, and OCBC, the second largest financial ...
As the banks prepare for 2025, the focus will likely shift to managing NIM compression and sustaining fee-based income growth ...
Ang Eng Siong, CEO of OCBC China, said, 'OCBC uses Singapore and Hong Kong as our twin-hubs, radiating out to Greater China and ASEAN regions. XTransfer's business development plans in these areas ...