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OCBC Bank (M) Bhd has made its popular OCBC 360 Account, a higher interest-bearing savings account available since 2015, accessible for online opening, even from overseas. In a statement ...
2020 -- Moody's Investors Service has today affirmed the Aa1 deposits and senior unsecured debt ratings of Oversea-Chinese Banking Corp Ltd (OCBC) and United Overseas Bank Limited (UOB).
From May 1 onwards, account holders under the 360 ... bank. Account holders will also continue to earn a base interest rate of 0.05% a year on their balance whether they fulfil the respective ...
SINGAPORE -- United Overseas Bank Ltd. said Friday its first-half net profit rose 11% to 454.6 million Singapore dollars (US$256.0 million) from S$408.4 million, as the lender was boosted by ...
United Overseas ... bank's 5-year average forward P/E ratio of around 9.7. Likewise, its price-to-book value at 1.29 is broadly in line with that of its peers, being almost on par with OCBC ...
Singapore-based United Overseas Bank Limited (OTCPK ... which at 3.3% overshadows OCBC's 1.4%. Also, the bank's ROE hit 14.2% at end-2023, the highest since before the pandemic.
Starting 01 February 2021, balances up to S$25,000 in OCBC 360 savings accounts will earn 0.3% salary ... 15-year forward price-to-book-value ratio. Between OCBC and United Overseas Bank (UOB), the ...
SINGAPORE, Aug 3 (Reuters) - Singapore's second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) (OCBC.SI ... Last week, smaller local lender, United Overseas Bank Ltd (UOBH.SI), opens ...
versus 14.9% for DBS and 14% for United Overseas Bank, Refinitiv data shows. Sanford Bernstein analysts said in a report in June that OCBC had S$4.8 billion that could be used for acquisitions ...
In line with most banks in the region, OCBC holds a dominant position with Singapore peers DBS Group and United Overseas Bank in its home market. We estimate OCBC has a 17% market share in ...
SINGAPORE: United Overseas Bank (UOB ... A downward revision in interest rates is also in store for OCBC’s 360 account holders from May 1. In an email to customers on Mar 24, OCBC noted that ...
OCBC's earnings performance follows those of its peers, with DBS reporting last week a 43% jump in first-quarter net profit that was also a record. Smaller United Overseas Bank posted last month a ...