News about OCBC

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.

SINGAPORE (May 24): OCBC is maintaining its ‘buy’ on Wing Tai Holdings (Wing Tai) after the latter made an unconditional voluntary takeover offer for Wing Tai Malaysia Bhd (WTM).

SINGAPORE (April 5): OCBC is maintaining its “buy” on Keppel DC REIT with S$1.

SINGAPORE (March 29): OCBC Investment Research is maintaining its “buy” recommendation on Mapletree Industrial Trust (MIT) at a fair value of S$1.