OCBC

The OCBC 2024 Annual Report captures our journey to deliver long-term value for shareholders as a well-diversified financial services group.    Collectively, our remarkably comprehensive franchise gives OCBC Group a deep network presence in the region, setting us apart from other bank-only players.   We are well positioned to seize the opportunities presented by ASEAN-Greater China flows. See how we have evolved and are transforming for the future - read the full report at https://lnkd.in/gByF5_qY

We are proud to be a part of the newly launched cooling system in the Tampines district. The cooling system connects buildings across a network of chiller plants and will cut carbon emissions by 1,000 tonnes a year, equivalent to removing 910 cars from the roads.   While we have achieved carbon neutrality in our banking operations, we will continue to pursue innovative solutions and meaningful collective action to address the climate challenges of the future. 

With 38 years of experience, Carmen Lee, our Head of Investment Research, has witnessed several black swan events, including the Black Monday crash that marked the beginning of her career in 1987. In an interview with The Edge Singapore, she shares her insights on the ongoing contest between the US and China, Singapore’s efforts to boost stock market liquidity, and her top picks within the local market.

In today's competitive market, a strong ESG commitment and rating can be a key differentiator – opening doors to new business opportunities and giving you an edge in tenders and client acquisition. Our OCBC SME Start-ESG Programme is designed to help SMEs navigate the world of sustainability with confidence. With expert guidance, valuable insights, and real success stories, we're here to help you build your sustainability capabilities through accredited ESG certifications. As Iris Ng, Head of Emerging Business, Singapore, says: "Large MNCs are stating their net-zero ambitions, and anyone in these supply chains will be affected. For businesses to stay relevant and viable in the future, they should get ready to embrace the new changes and to tap on the new opportunities. We are here to partner you to take that manageable first step." Htay Aung, CEO of Anywheel, shared his experience with the ESG assessment: " The whole process was very straightforward. Through our EcoVadis assessment, we know what we can work on, and this helps us to set up a framework to improve our performance." As one of our valued partners for the programme, Jared Thng from EcoVadis was also on hand to help SMEs to provide valuable insights on the ratings, as well as practical guidance for participants to drive improvements in their sustainability performance. Through collaborations with partners such as EcoVadis, we provide SMEs with the knowledge and resources to embark on their sustainability journey with confidence. Learn more about how our programme can help you get started on your ESG journey, and pave the way for a more sustainable future – for now, and beyond: https://lnkd.in/gh-97tmY #OCBC #OCBCxSMEs #Sustainability #BusinessInnovation #ESG #StartESG

At OCBC, we believe that the wellbeing of our employees is paramount. In our ongoing commitment to fostering a psychologically safe and healthy work environment, we launched the MyWellness Champion programme! This initiative is designed to empower a dedicated group of employees across One Group to become ambassadors of wellness. Our MyWellness Champions will acquire essential skills to raise awareness about wellness and connect their colleagues with the various tools and resources available to support their wellbeing. Not only will these champions advocate for our MyWellness Programme initiatives, but they will also play a vital role in promoting good mental health within our organisation, creating a supportive community of like-minded individuals. We are proud to introduce our first batch of MyWellness Champions, who have successfully completed training. Their commitment to enhancing the wellness culture at OCBC is truly inspiring! Together, we can make a positive impact and build a healthier, happier workplace for everyone at OCBC! #OpportunityStartsHere #WellbeingStartsHere #MyWellnessChampions

Our sustainable financing portfolio has been recognized as the most aligned with the Singapore-Asia Taxonomy. This important framework establishes standardized eligibility criteria for green and transition business activities, enabling Singapore-based financial institutions to direct capital towards projects that facilitate a smooth low-carbon transition. Since the Taxonomy's launch in 2023, we have diligently mapped it to our sustainable finance framework, so as to help our clients to navigate their decarbonization journeys more effectively. Additionally, we are proud to co-lead the Taxonomy Working Group under the Singapore Sustainable Finance Association, supporting the industry in scaling the adoption of these crucial standards. As Asia's leading financial services partner for a sustainable future, we remain committed to providing our clients with practical and credible financing solutions and transition advisory. Together, we can drive meaningful change! Read more in the article below:

Ever wondered what Internal Auditors and Audit Data Scientist REALLY do? We bust the top misunderstandings and show a bit of how OCBC Group Audit provides objective assurance that the Group functions effectively to accomplish its objectives within the established risk appetite. Find out more about Group Audit at https://lnkd.in/gnKhpHMk

The Johor-Singapore Special Economic Zone (JS-SEZ) is shaping up to be a key hub for cross-border growth, and OCBC is committed to helping businesses tap into its potential. By supporting Business China’s exclusive trip into #JSSEZ for Chinese business leaders, we reinforce our role in connecting business leaders, facilitating meaningful conversations and opening doors to new opportunities.    Highlighting the increased focus of Chinese businesses at the potential of JS-SEZ, Mr Eng Siong Ang, CEO of OCBC China, shared, “JS-SEZ presents strong opportunities for Chinese corporates, combining Johor’s resources with Singapore’s financial and logistics strengths. With seamless cross-border movement and tailored tax incentives, the zone is primed for growth. OCBC is committed to supporting businesses in unlocking their full potential through our strong presence in Singapore, Malaysia, and China.”   Echoing our commitment to enable businesses to thrive in JS-SEZ, Ms Pei Pei Leong, Head of China Business Team in OCBC Malaysia, said, “While exploring JS-SEZ's potential, the delegates also tapped on this opportunity to discuss investment considerations on expansion plans. With a dedicated team of 25 bankers focused on JSSEZ and our strategic collaboration with Bank of Ningbo, OCBC is well-equipped to support Chinese businesses in their expansion across Greater China and ASEAN. Our deep expertise and local knowledge in Malaysia, Singapore, and beyond uniquely position us to meet their needs.”   Our close collaboration with 通商中国 Business China reflects a shared commitment to foster cross-border collaboration and create valuable connections for Chinese businesses expanding into the ASEAN region. Mr Yi Shyan Lee, Chairman of Business China said, “OCBC’s regional expertise and strong track record in cross-border expansion provided the delegates with good insights. As Singapore-based companies explore opportunities in JSSEZ and beyond, OCBC’s advisory support and connected network will empower businesses to seize global opportunities.”   Strong networks drive business expansion, and as JS-SEZ evolves, we remain focused on helping our clients navigate and succeed in this dynamic landscape, together with valued partners like Business China.

As we mark International Women’s Day this month, we celebrate the bold, the determined, and the visionary – women entrepreneurs who are shaping industries, breaking barriers, and redefining success on their own terms. At OCBC, we are committed to empowering entrepreneurs and celebrating women through OCBC Women Unlimited. By providing access to resources, mentorship, and opportunities, we support women in turning their ideas into impact and ambition into action. Leaders like Wei Jia Chin, Sharon Lim and Verleen Goh remind us that success is about seizing your potential, finding your voice, and moving forward at your own pace. OCBC is committed to empower female entrepreneurs to drive growth and success in their business. Here’s to the women who inspire us today and every day. #InternationalWomensDay #OCBCWomenUnlimited #WomenEntrepreneurs HMI Medical Browzwear Alchemy Foodtech

Celebrating the impact, determination, and successes of women across generations.💪