OCBC Bank

OverviewSuggest Edit

OCBC Bank (Oversea-Chinese Banking Corporation) is a company providing commercial banking, wealth management, and insurance services. It offers a range of products and services to individuals, including wealth management products such as unit trusts, bancassurance products, and structured deposits; deposit products; consumer loans such as home loans, car loans, personal loans, and credit cards; and securities trading. The company also provides comprehensive financial services to large corporates, financial institutions, government agencies, and small and medium-sized enterprises (SMEs). Furthermore, OCBC delivers transaction-related services, such as cash management, trade finance, and custody/nominee services.

TypePublic
Founded1932
HQSingapore, SGMap
Websiteocbc.com
Employee Ratings3.6More
Overall CultureC-More
View Jobs (1,072)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)30,538
Job Openings1,072
Revenue (FY, 2020)$13.3 B(-19%)
Share Price (May 2022)S$11.7
Cybersecurity ratingAMore
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Key People/Management at OCBC Bank

Samuel N. Tsien

Samuel N. Tsien

Group Chief Executive Officer and Director
Andrew Khoo Cheng Hoe

Andrew Khoo Cheng Hoe

Director
Darren Tan

Darren Tan

Chief Financial Officer
Helen Wong

Helen Wong

Group Chief Executive Officer
Na Wu Beng

Na Wu Beng

CEO, OCBC Wing Hang Bank
Parwati Surjaudaja

Parwati Surjaudaja

President, Director and CEO, Bank OCBC NISP
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OCBC Bank Office Locations

OCBC Bank has an office in Singapore
Singapore, SG (HQ)
63 Chulia St
Show all (2)

OCBC Bank Financials and Metrics

OCBC Bank Revenue

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OCBC Bank's revenue was reported to be $13.32 b in FY, 2020 which is a 20% decrease from the previous period.
USD

Revenue (H1, 2021)

6.3b

Gross profit (H1, 2021)

5.5b

Gross profit margin (H1, 2021), %

87.1%

Net income (H1, 2021)

2.8b

EBIT (H1, 2021)

2.8b

Market capitalization (13-May-2022)

52.6b

Closing stock price (13-May-2022)

11.7

Cash (30-Jun-2021)

22.2b

EV

51.6b
OCBC Bank's current market capitalization is S$52.6 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

14.9b16.6b13.3b

Revenue growth, %

12%(20%)

Cost of goods sold

5.2b5.8b3.2b

Gross profit

9.7b10.9b10.1b
Half Year
USDH1, 2019H1, 2020H1, 2021

Revenue

8.3b7.2b6.3b

Cost of goods sold

3.0b2.1b809.0m

Gross profit

5.3b5.1b5.5b

Gross profit Margin, %

64%71%87%
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Annual
USDFY, 2018FY, 2019FY, 2020

Cash

13.4b18.1b22.1b

Accounts Receivable

255.2b262.0b263.5b

PP&E

3.3b3.6b3.6b

Goodwill

4.5b4.5b4.4b
Half Year
USDH1, 2019H1, 2020H1, 2021

Cash

18.7b19.7b22.2b

Accounts Receivable

260.1b264.4b271.0b

PP&E

3.6b3.6b3.5b

Total Assets

479.8b510.0b521.1b
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

418.8m504.8m528.0m

Accounts Payable

12.0b8.1b13.5b

Cash From Operating Activities

6.7b8.2b15.6b

Purchases of PP&E

(297.2m)(368.3m)(384.0m)
Half Year
USDH1, 2019H1, 2020H1, 2021

Depreciation and Amortization

247.0m267.0m258.0m

Accounts Payable

5.1b11.2b2.3b

Cash From Operating Activities

3.3b6.4b741.0m

Purchases of PP&E

(140.0m)(159.0m)(191.0m)
show all
USDFY, 2018

Revenue/Employee

500.2k

Debt/Equity

0.7 x

Debt/Assets

0.1 x

Financial Leverage

10.8 x
Show all financial metrics

OCBC Bank Operating Metrics

OCBC Bank's Assets Under Management was reported to be $227.4b in FY, 2019. OCBC Bank's Properties was reported to be 150 k in FY, 2019.
FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020

Assets Under Management

$200.38 b$227.44 b

Branches

600570540500480

Countries

1819191919

Properties

150 k
Show all operating metrics

OCBC Bank Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

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OCBC Bank Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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OCBC Bank Online and Social Media Presence

OCBC Bank's Trends

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OCBC Bank Company Culture

  • Overall Culture

    C-

    63/100

  • CEO Rating

    F

    38/100

  • Compensation

    C-

    60/100

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OCBC Bank News and Updates

January 17, 2022

OCBC Bank makes goodwill payouts to SMS phishing victims

OCBC Bank has announced it has begun making goodwill payouts since 8 January 2022 for customers who have fallen prey to recent SMS phishing scams.
November 12, 2021

NETS Announces Two New Board Appointments From OCBC

Network for Electronic Transfers (NETS) announced that Sunny Quek and Melvyn Low have been appointed to its Board of Directors, effective 1st November 2021 onwards. Sunny Quek, who is OCBC’s The post NETS Announces Two New Board Appointments From OCBC appeared first on Fintech Singapore.
November 05, 2021

OCBC Bank enables gold and silver digital purchases

With more Singaporeans investing now despite the uncertainty and volatility in the market, the need for investors to invest in safe-haven assets such as gold and silver to balance their portfolios is greater than ever.
September 03, 2021

OCBC mounts China hiring spree to tap growing wealth

OCBC Bank is boosting its wealth management and corporate banking staff for Greater China to capture regional business flow from the world's second-largest economy.
August 17, 2021

OCBC Bank, partnering with Eco-Business, launches OCBC Climate Index to measure environmental sustainability awareness and climate action in Singapore

Partnering with Eco-Business, OCBC Bank launched the inaugural OCBC Climate Index, a measurement of the current levels of environmental sustainability awareness and climate action among Singaporeans. Eco-Business developed the approach and framework for the Index given its expertise in environmental…
August 16, 2021

Recognised by Tripartite Alliance (TA) for advocating work-life harmony and excellence

We are humbled to be recognised by Tripartite Alliance (TA) for advocating work-life harmony and excellence, and fair and progressive employment practices. We remain committed to nurture and invest in our people in the long run.
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 OCBC Bank Frequently Asked Questions

  • When was OCBC Bank founded?

    OCBC Bank was founded in 1932.

  • Who are OCBC Bank key executives?

    OCBC Bank's key executives are Samuel N. Tsien, Andrew Khoo Cheng Hoe and Darren Tan.

  • How many employees does OCBC Bank have?

    OCBC Bank has 30,538 employees.

  • What is OCBC Bank revenue?

    Latest OCBC Bank annual revenue is $13.3 b.

  • What is OCBC Bank revenue per employee?

    Latest OCBC Bank revenue per employee is $436 k.

  • Who are OCBC Bank competitors?

    Competitors of OCBC Bank include Alliance Bank, China Merchants Bank and Shanghai Pudong Development Bank.

  • Where is OCBC Bank headquarters?

    OCBC Bank headquarters is located at 63 Chulia St, Singapore.

  • Where are OCBC Bank offices?

    OCBC Bank has an office in Singapore.

  • How many offices does OCBC Bank have?

    OCBC Bank has 2 offices.