Oversea-Chinese Banking Corporation Limited
OVCHF
Other OTC20.16
USD
-0.01
- -
Oversea-Chinese Banking Corporation Limited
OVCHF
(Other OTC)
Recent
price
20.16
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Oversea-Chinese Banking Corporation Limited delivers a broad spectrum of financial solutions across Singapore, Malaysia, Indonesia, Greater China, the wider Asia Pacific region, and other international markets. The firm, which traces its origins to a bank founded in 1912 and was formally established through a merger in 1932, is headquartered in Singapore and stands as Southeast Asia's second-largest financial services group by assets, boasting robust credit ratings and a consistent ranking among the world's safest banks. Its Consumer and Private Banking division provides an extensive array of offerings for individual customers, encompassing various deposit accounts like checking, savings, and fixed deposits; a full suite of lending products including housing, vehicle, and personal loans; and credit card services. This segment also features comprehensive wealth management products, such as unit trusts, bancassurance, structured deposits, equities, and brokerage services via OCBC Securities. For high-net-worth clients, the private banking subsidiary, Bank of Singapore, offers specialized investment advice, bespoke portfolio management, and intricate estate and trust planning, alongside sophisticated wealth structuring. The Wholesale Banking segment caters to corporates, the public sector, and small and medium-sized enterprises with diverse financing solutions, from long-term project and trade financing to short-term credit and working capital facilities. It also provides customized equity-linked products, cash management, custodian services, comprehensive capital market solutions, and expert corporate finance and advisory support. The Global Treasury and Markets unit actively engages in foreign exchange transactions, manages money market operations, and conducts fixed income and derivatives trading, in addition to crafting structured treasury products and sophisticated financial solutions. Through its Insurance segment, primarily anchored by Great Eastern Holdings, the company provides a wide range of life and general insurance policies and robust fund management services, representing a significant contributor to the Group's diversified income streams. Other operations include strategic property and investment holding activities. OCBC maintains an expansive global footprint with over 400 branches and representative offices spanning 19 countries and regions. Recent strategic advancements include its "One Group" approach, which integrates its commercial banking, private banking, insurance, asset management, and securities capabilities to capitalize on rising Asian wealth and strong ASEAN-Greater China trade flows. The bank has also made significant strides in digital innovation, enhancing its mobile application to facilitate instant, fee-free transfers to numerous digital wallets across Southeast Asia and Greater China, and implementing AI tools like OCBC GPT for operational efficiency. Furthermore, OCBC has committed substantially to sustainable finance, pledging billions to green investments in key markets like the UK, underscoring its dedication to accelerating the transition to a net-zero future and making a positive community impact.
Oversea-Chinese Banking (OTCMKTS:OVCHF) Stock Price Down 3.1% – Time to Sell?