Oversea-Chinese Banking Corporation Ltd (OCBC.SI)
7 Mar 2014
|Market Cap (Mil.):||$32,691.18|
|Shares Outstanding (Mil.):||3,441.18|
SINGAPORE, Feb 14 - Oversea-Chinese Banking Corp Ltd expects loan growth to be in the percentage of "low teens" in 2014 after loans expanded at an 18 percent pace last year, CEO Samuel Tsien said at an earnings briefing.
Lender PT Bank OCBC NISP, a unit of Singapore-listed Oversea-Chinese Banking Corp Ltd, reported 2013 net profit of 1.14 trillion rupiah ($93.65 million), up 25 percent from a year earlier, as interest income rose to 3.14 trillion rupiah from 2.56 trillion rupiah in 2012, CFO Hartati said. (Investor Daily)
BANGKOK, Feb 3 - Most Southeast Asian stocks fell on Monday, with Singapore sliding to five-month lows amid weak sentiment in the U.S. and Asian stock markets, but Thai stocks rose on short covering after voting in Sunday's general election went ahead peacefully. Singapore's Straits Times Index dropped 1.1 percent to 2,993.73, falling at one point to 2,991.15, the lowest since Aug. 28, led down by shares of Singapore Telecommunications and Oversea-Chinese Banking Corp. Broker
Jan 24 - Oversea-Chinese Banking Corp, Singapore's second-biggest lender, is set to extend exclusive talks to acquire Hong Kong's Wing Hang Bank Ltd by as much as four weeks as it needs more time to secure regulatory approval, sources said on Friday.
SINGAPORE/HONG KONG - Singapore's DBS Group Holdings is in advanced talks to buy Societe Generale's Asian private bank, a deal that would help boost its private banking assets by almost a third, sources familiar with the matter said.
* This would be third major transaction in Asia private banking M&A
SINGAPORE, Jan 14 - Singapore's Oversea-Chinese Banking Corp has agreed to raise its stake in Bank of Ningbo to 20 percent from 15.34 percent for about S$383 million ($303 million), the latest step in a drive to extend its footprint in China.
Oversea-Chinese Banking Corp Ltd (OCBC) has set up a qualified private equity fund to invest in onshore China companies, potentially allowing the bank to raise an onshore renminbi fund.
SINGAPORE, Jan 7 - Oversea-Chinese Banking Corporation Ltd was headed for a fourth straight session of falls after the company said it is in talks to acquire Hong Kong's Wing Hang Bank, while the Singapore index rebounded after a two-day losing streak.
SINGAPORE - Singapore's Oversea-Chinese Banking Corp is in exclusive talks to buy Hong Kong's Wing Hang Bank Ltd , a deal that has raised concerns about its estimated $5.3 billion price tag and the likely need to tap shareholders for funds.
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Oversea-Chinese Banking Corporation Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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