News about OCBC

KUALA LUMPUR (Sept 2): Bank Negara Malaysia (BNM) should trim the overnight policy rate (OPR) by 25 bps to ease Malaysia's journey to economic recovery, as indicators hint at a rockier road ahead, said OCBC Bank.

KUALA LUMPUR (June 24): Sunway Real Estate Investment Trust’s (Sunway REIT) SunREIT Unrated Bond Bhd (SUB) has mandated OCBC Bank (Malaysia) Bhd as the sustainability structuring coordinator of an unrated medium-term notes programme of up to RM10 billion in nominal value.

If the allure of the famed Baba Nyonya heritage is still alien to you, check out the Melaka branch of the OCBC Bank, especially on a Wednesday.

KUALA LUMPUR (March 26): OCBC Bank (Malaysia) Bhd said it will not be compounding interest and profit on mortgages and loans for small and medium enterprises (SMES) during the six-month moratorium period.

KUALA LUMPUR (Feb 12): OCBC Bank Research is expecting Malaysia to cut interest rate further this March, after a recent one in January, following lower-than-expected GDP growth during the fourth quarter of last year (4Q19), that could slow further this quarter (1Q2020), due to the 2019 novel coronavirus (COVID-19) outbreak.

KUALA LUMPUR (Jan 28): OCBC Bank (Malaysia) Bhd (OCBC Bank) and its subsidiary OCBC Al-Amin Bank Bhd will lower their respective base rate (BR), base lending rate (BLR) and base financing rate (BFR) by 0.

KUALA LUMPUR (Oct 11): Pragmatic, carefully curated to benefit the rakyat across ethnic groups and with timely incentives to reduce the country's dependence on foreign labour — these are among the comments from Malaysia's top bankers on Budget 2020, which was tabled in Parliament today by Finance Minister Lim Guan Eng.

KUALA LUMPUR (May 10): OCBC Bank (Malaysia) Bhd and its subsidiary OCBC Al-Amin Bank Bhd have reduced their base rate (BR), base lending rate (BLR), and base financing rate (BFR) by 0.

KUALA LUMPUR (Jan 29): OCBC Bank (Malaysia) Bhd and its subsidiary OCBC Al-Amin Bank Bhd will increase their base rate from 3.

SINGAPORE (July 14): A consortium led by Yanlord Land Group and Perennial Real Estate has acquired a 33.