OCBC Bank of Singapore

What OCBC Bank of Singapore does

OCBC Bank of Singapore is one of three Domestic Systemically Important Banks in Singapore, alongside DBS and UOB, with roots tracing to 1912 and a current group structure formed in 1932. The bank operates approximately 400 branches across 19 countries spanning ASEAN, Greater China, the UK, US, Japan, Australia, the UAE, and Luxembourg, serving retail consumers, SMEs, large corporates, and institutional clients. It is publicly listed on the Singapore Exchange under ticker O39 and holds an Aa1 credit rating from Moody's and AA- from Fitch and S&P. The group operates an integrated financial ecosystem anchored by OCBC Bank itself, Bank of Singapore (private banking), Great Eastern (majority-owned life insurance), Lion Global Investors (asset management), and OCBC Securities (brokerage), creating cross-sell depth across banking, insurance, and wealth management.

OCBC's core business is a diversified universal bank model with revenue generated from net interest income (loans, mortgages, trade finance, deposits), fee and commission income (wealth management, bancassurance, brokerage, FX, payments), trading income, and insurance underwriting through Great Eastern. In FY2025 the group reported net profit of S$7.42 billion and Q1 2026 net profit of S$1.97 billion (+5% YoY), with wealth management fees of S$422 million (+34% YoY) highlighting the strategic tilt toward higher-fee franchises. The bank runs a multi-channel go-to-market combining physical branches, corporate and private-banking relationship teams, and an increasingly digital platform; recent product launches include GOLDX (a tokenised gold fund), SGX physical gold trading, OTC gold clearing, and the JS-SEZ cross-border trade financing corridor.

Technology and AI are deployed as cross-cutting enablers rather than standalone revenue lines: a GenAI chatbot is available to all staff, A.I. Oscar supports wealth advisors with AI-driven stock selection, the Devin AI coding platform has been scaled to roughly 1,700 engineers, and the bank participates in the Visa Agentic Ready program for agentic commerce. Its proprietary Cosmic/Cosmos data platform and over a century of customer data underpin anti-scam defenses and personalization. Recent M&A — HSBC Indonesia's retail/wealth business for S$480 million and PT Bank Commonwealth Indonesia with 1.2 million customers — has materially scaled the Indonesian franchise. Leadership transitioned in July 2025 with Tan Teck Long succeeding Helen Wong as Group CEO.

Name

OCBC Bank of Singapore

Legal name

Oversea-Chinese Banking Corporation Limited (Co. Reg. No.: 193200032W)

Website

https://ocbc.com

Company type

Public

Founded year

1932

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

OCBC Bank of Singapore is one of three Singapore D-SIBs, operating ~400 branches across 19 countries with integrated banking, insurance (Great Eastern), private banking (Bank of Singapore), and asset management (Lion Global Investors) franchises serving retail, SME, corporate, and institutional clients.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021), Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Healthcare & Pharmaceuticals (FSABACAN)

akta.pro secondary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

Keywords

• Retail banking services
• Wealth management
• Private banking
• Corporate banking
• Transaction banking

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Core offering

OCBC Bank of Singapore is a publicly listed financial services group that provides retail banking, business banking, transaction banking, treasury and global markets, brokerage, private banking, insurance and asset management services. It operates the OCBC Personal Banking, Premier Banking and Premier Private Client segments in Singapore, plus regional banking subsidiaries in Malaysia, Indonesia, Hong Kong and Mainland China, supported by wholly-owned brands Bank of Singapore, OCBC Securities, Lion Global Investors and Great Eastern. The group serves individual consumers, SMEs, large corporates, financial institutions and government clients across ASEAN, Greater China and selected international markets.

Product overview

OCBC operates as a unified platform-plus-modules financial services group, anchored by its One Group strategy across banking, wealth management, insurance and asset management. The core consumer banking platform (OCBC Personal Banking, OCBC Premier Banking, OCBC Premier Private Client) is delivered through the OCBC Digital app and is extended by sub-products such as the 360 Account, Bonus+ Savings, OCBC MyOwn children's account, OCBC INFINITY Cashback Card, OCBC 365 Credit Card and the OCBC 90°N travel card. Business banking is delivered through OCBC Business Banking with the OCBC Business Growth Account, OCBC Velocity digital platform, and the OCBC Business app. Wealth is delivered through Bank of Singapore (private banking), OCBC Securities (brokerage including the A.I. Oscar AI stock-picker), and the RoboInvest robo-advisor; the wealth stack is increasingly tokenised via the GOLDX tokenised gold fund on Ethereum/Solana with DigiFT. Insurance is delivered through Great Eastern, asset management through Lion Global Investors, and the group is exploring quantum-safe security and Devin AI coding via Cognition. SME services include OCBC PULSE (ESG assessment), SME sustainable financing, OCBC OneCollect, the Business Growth Account, Trade finance products, and the SGX-anchored OTC gold clearing membership. Sustainability-linked products include the OCBC 1.5°C Loan and green bond programmes. The physical-distribution layer is supported by ~400 branches across 19 countries and the OCBC Wisma Atria lifestyle branch.

Differentiator

Problem solved

Functional benefit

Brands

• Bank of Singapore: Private banking arm of OCBC, serving ultra-high-net-worth clients across Asia, Middle East and Europe
• Great Eastern
• Lion Global Investors
• OCBC Securities
• OCBC Premier Banking
• OCBC Premier Private Client
• FRANK by OCBC
• OCBC INFINITY
• OCBC 365 Credit Card
• OCBC Rewards Card
• OCBC 90°N Card
• OCBC MyOwn Account
• OCBC Business Growth Account
• OCBC Cycle
• OCBC SeniorCare

Products and services

• OCBC Personal Banking Full-suite retail banking for individuals, including deposit accounts (360 Account, Bonus+, Global Savings, OCBC MyOwn), credit and debit cards, personal, car, home and student loans, insurance, unit trusts, equities trading and financial planning tools.
• OCBC Premier Banking Priority retail banking segment for customers with S$350,000 or more in qualifying assets under management, offering Premier Dividend+ Savings, Premier VOYAGE/Visa Infinite cards, the Online Call in-app feature, and dedicated relationship managers.
• OCBC Premier Private Client Top wealth tier for Accredited Investors with S$1.5 million or more in fresh funds, offering bespoke advisory, the OCBC Wealth Panel and a full digital wealth management suite.
• OCBC Digital (mobile and internet banking) OCBC's internet and mobile banking platform; Singapore's most connected banking app with QR-scan-and-pay coverage for Weixin Pay, Alipay+ and UnionPay across more than 10 digital wallets, Online Call voice-over-internet, Smart Text resizing for seniors, OCBC Money Lock, anti-malware security and kill-switch.
• Bank of Singapore Wholly-owned OCBC private banking subsidiary with an open-architecture product platform; targets ultra-high-net-worth clients via offices in Singapore, Hong Kong, Dubai (DIFC), Luxembourg, London, Manila and Kuala Lumpur.
• OCBC Securities (iOCBC) Full-range brokerage for global listed securities, futures and leveraged FX with electronic and direct market access; offers Singapore's first AI stock-picker A.I. Oscar and is a participant of the Stock Exchange of Hong Kong.
• Lion Global Investors One of Southeast Asia's largest asset management companies offering comprehensive investment products across all asset classes; manages the LionGlobal Singapore Physical Gold Fund underlying the GOLDX token.
• Great Eastern Largest life insurance group in Singapore and Malaysia by assets and market share with a ~25,000-strong agency force; OCBC's bancassurance partner offering investment-linked plans, accident/health/protection and travel insurance.
• OCBC Business Banking Banking services for SMEs, mid-sized enterprises, large corporates, financial institutions and government agencies; includes OCBC Business Growth Account, Business First Loan, SME Sustainable Financing, solar financing, contract financing and trade finance products.
• OCBC Velocity Award-winning digital business banking platform for managing day-to-day operations with bespoke personalisation for large corporates, including FX Contract Booking and online applications.
• OCBC Business app Award-winning mobile business banking app, positioned as a multi-useful personal assistant for businesses; winner of Best Digitally-Driven SME Bank in Southeast Asia (Digital Banker 2026).
• OCBC 360 Account Day-to-day savings account offering up to 4.45% per year on the first S$100,000 via salary, card spend, insurance and investment credit categories.
• OCBC MyOwn Account
• OCBC INFINITY Cashback Card Credit card offering unlimited cashback on everyday spending.
• OCBC 365 Credit Card Cashback credit card for everyday spending.
• OCBC 90°N Card Travel-focused credit card for daily spending to fund future travel.
• OCBC RoboInvest Robo-advisor offering 38 portfolios starting from 100 USD.
• OCBC Precious Metals Account Investment account allowing diversification with gold and silver; OCBC reported 50% year-on-year rise in global gold bar demand in Q1 2026 and a more than doubled precious metals investor base in 2025.
• OCBC PULSE Free online SME ESG assessment tool launched 18 June 2026 to help SMEs baseline sustainability performance and improve supply chain practices, often as a pre-requisite for sustainability-linked loans.
• GOLDX Tokenised Physical Gold Fund Southeast Asia's first on-chain tokenised physical gold fund, issued on Ethereum and Solana blockchains by OCBC with Lion Global Investors and DigiFT; backed by the LionGlobal Singapore Physical Gold Fund.
• FX and Investments Suite Global Markets suite including spot/forwards/NDFs/exotic FX, precious metals hedging, corporate and government bonds, FX remittance in 60+ currencies, dual currency investments, structured deposits, UST/STRIPS, CDs, structured notes, commodity-linked notes, bond-linked notes, equity structured investments, private markets, FX API, FX options, cross-currency and interest rate swaps, carbon offsets and tokenised assets.
• OCBC OneCollect Business collections and payments tool for SMEs to reach more customers.
• OCBC 1.5°C Loan Singapore's first net zero-aligned sustainability-linked loan for corporates, with greenhouse-gas emissions reduction targets validated by the Science Based Targets initiative.
• OCBC Money Lock Anti-scam security feature allowing customers to lock funds in accounts so they cannot be digitally used or moved; unlocking only at OCBC ATMs or branches.
• OCBC Eco-Care Car Loan Green car loan product covering electric vehicles up to 10 years old.
• OCBC Al-Amin Bank Berhad OCBC Malaysia's wholly-owned Islamic banking subsidiary launched 1 December 2008 offering Shariah-compliant products and services based on applicable Shariah contract principles.
• PT Bank OCBC NISP (OCBC Indonesia) OCBC's Jakarta-listed Indonesian subsidiary established 1941 with 199 office networks in 54 cities and AAA(idn) credit rating; subject of 2026 acquisition of HSBC's Indonesia retail and wealth operations.
• OCBC Hong Kong (formerly Wing Hang Bank) Wholly-owned subsidiary (since October 2014) with over 60 branches and offices across Mainland China, Hong Kong SAR and Macau SAR; comprehensive commercial banking, consumer financing, share brokerage and insurance.
• OCBC China Wholly-owned subsidiary headquartered in Shanghai with around 1,500 staff across 16 branches and sub-branches in 14 mainland Chinese cities; A+/A-1 S&P issuer rating; corporate banking, financial institutions, global markets and consumer financial services.
• In-app calls (Online Call) for banking customers Voice-over-internet in-app call channel for business and retail banking customers, used as an anti-fraud secure channel to reduce reliance on security questions and SMS OTPs.

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

AI capability13 records

Recent moves14 records

Expansion highlights6 records

Broad incumbents

• Standard Chartered: London-headquartered bank with material ASEAN and Greater China wealth and corporate banking franchises; competes with OCBC for regional corporate, transaction banking and affluent wealth clients.
• HSBC Holdings: Global incumbent with overlapping ASEAN/Greater China footprint; OCBC is actually purchasing HSBC's Indonesia retail and wealth operations, confirming the close product and customer overlap across regional wealth, commercial and transaction banking.
• Citigroup (Asia): Global incumbent with strong Singapore and ASEAN institutional, transaction banking and wealth presence; competes with OCBC across corporate, FX/investments and private banking, and is a partner via Citi's securities lending platform.
• UBS Group (Asia): Global wealth manager with a growing Asia footprint post-Credit Suisse; competes with Bank of Singapore for ultra-high-net-worth clients and with OCBC Securities in regional brokerage and structured products.

Direct peers

• DBS Group Holdings: Largest Singapore bank and OCBC's closest direct competitor across retail, wealth and corporate banking in Singapore, ASEAN and Greater China; both anchor the Singapore three-bank oligopoly and compete head-to-head in wealth and transaction banking.
• United Overseas Bank (UOB): Third pillar of Singapore's local banking oligopoly; direct competitor across personal, business and wealth banking in Singapore, Malaysia, Indonesia, Thailand and Greater China with very similar regional playbooks.
• Maybank: Malaysia's largest bank and OCBC's primary domestic competitor in Malaysia through OCBC Malaysia and OCBC Al-Amin; comparable Islamic and conventional retail, SME and wealth offerings in the Malaysian market.
• Julius Baer: Leading pure-play Asian private bank; competes directly with Bank of Singapore (OCBC's private banking arm) for UHNW clients across Singapore, Hong Kong and Southeast Asia.

Regional players

• CIMB: ASEAN-focused universal bank with strong Indonesia, Malaysia, Thailand and Singapore operations; competes with OCBC across ASEAN cross-border corporate banking, transaction banking and wealth.
• Public Bank: Large Malaysian bank with consumer and SME focus; an indirect competitor to OCBC Malaysia in domestic retail and SME banking with a similar Islamic banking adjacency.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

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Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries12 records

Funding overview

Funding rounds5 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments49 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OCBC Bank of Singapore