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OCBC


Amid the economic disruption wrought by the Covid-19 pandemic last year, at least one disruptive force among Singapore’s small and medium-sized enterprises (SMEs) was for good. Outsized digitalisation across the board has meant, for many smaller businesses here, three to five years’ worth of digital progress in a single year. The opportunities before these newly …

Since 4 July 2020, OCBC Bank’s 1.8 million digital customers in Singapore have been able to use the SingPass Mobile app as an alternative login to access the full suite of digital banking services via the OCBC Mobile Banking app or Internet banking. Using SingPass Mobile as an alternate login will especially benefit customers who …

The OCBC Group announced today that it has committed to hiring more than 3,000 people in Singapore this year to provide opportunities for fresh graduates and other job seekers amid the economic and employment uncertainty brought about by COVID-19. This follows an earlier pledge in March 2020 that the OCBC Group will not layoff any …

OCBC Bank has officially placed all personal financing facilities, secured and unsecured, under its Singapore Covid-19 Relief Programme. With this, car loans, renovation loans, education loans, industrial and commercial property loans and Debt Consolidation Plans all come under that Relief Programme. To date, OCBC Bank has approved moratorium for S$4 billion in loans to individuals, …

Even as Singapore pushes to become cheque-free by 2025, cash cheques continue to be used by small and medium-sized enterprises (SMEs), typically to pay staff salaries, get cash for daily business operations or pay vendors for services rendered. While cheque usage by OCBC Bank’s retail banking customers has fallen 40 per cent since 2018, one …

OCBC Bank became the first bank to leverage Singapore Customs’ electronic Banker’s Guarantee programme, issuing an electronic banker’s guarantee (eBG) to Singapore Customs on behalf of vCargo Cloud, a leading Infocomm Technology solution and service provider that performs customs declaration services for forwarders and shippers. OCBC Bank’s API connectivity with the Networked Trade Platform has …