OCBC

Re: OCBC

Postby behappyalways » Thu Jan 18, 2018 7:56 pm

ocbc-acquires-additional-1851-stake-china-fund-management-firm-126-mil
https://www.theedgesingapore.com/ocbc-a ... rm-126-mil
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Re: OCBC

Postby behappyalways » Mon Feb 19, 2018 6:16 pm

OCBC Bank reports 31% higher 4Q17 earnings of $1.03 bil; FY17 earnings cross $4 bil mark for first time
https://www.theedgesingapore.com/ocbc-b ... first-time
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Re: OCBC

Postby behappyalways » Mon May 07, 2018 10:58 am

OCBC reports 29% rise in 1Q to $1.1 bil
https://www.theedgesingapore.com/ocbc-r ... -1q-11-bil
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Re: OCBC

Postby winston » Fri Jun 08, 2018 9:33 pm

by Trishia Yang

OCBC loans Wilmar US$200m with peg interest rate

Singapore stock market news today is that Wilmar International, an Agri-business player, has inked an arrangement with OCBC bank to peg interest rate on a US$200 million (S$266.7 million) rotating credit office to the borrower's maintainability execution, the organizations said in a joint explanation on Friday, June 8, preceding the market opened.

Financing costs on Wilmar's advance will be decreased on a layered premise if the organization accomplishes its pre-set supportability targets, which are based on ecological, social and administration (ESG) measurements. These objectives will be evaluated yearly by Sustainalytics, a worldwide supplier of ESG research and appraisals.

At the point when reached by The Business Times, Wilmar was not ready to unveil the objectives and loan costs. Be that as it may, a Wilmar representative said that a portion of the supportability pointers to be utilized as a part of the appraisal incorporate the advance of the organization's biodiversity and ozone-depleting substance diminishment programs, sustainable power source utilize, its opportunity of affiliation strategy and ESG administration.

The organizations said that the move expands on the dependable financing rules issued by the Association of Banks in Singapore in 2015 that mean to increase present expectations for the capable and practical fund.

Elaine Lam, head of worldwide corporate managing an account at OCBC Bank, stated: "We anticipate organizing a greater amount of such bespoke financing answers for them, and for our different clients, as we explore the business scene together in a mindful way."

Wilmar CFO Ho Kiam Kong included: "Maintainability is the best need at Wilmar and we are satisfied to have the capacity to exhibit that dependable business practices will prompt reasonable development and lower financing costs."

According to Singapore stock research, Both shares are needed to be watched as the Wilmar shares completed S$0.01 or 0.3 percent bring down at S$3.27, while OCBC shares finished S$0.04 or 0.3 percent higher at S$12.84 on Thursday.
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Re: OCBC

Postby behappyalways » Mon Aug 06, 2018 1:30 pm

OCBC 2Q earnings up 16% to record $1.21 bil on robust performance across all businesses
https://www.theedgesingapore.com/ocbc-2 ... rd-121-bil
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Re: OCBC

Postby behappyalways » Tue Oct 02, 2018 5:03 pm

OCBC Wing Hang Bank aborts sale of 33.3% stake in Hong Kong Life Insurance
https://www.theedgesingapore.com/ocbc-w ... -insurance
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Re: OCBC

Postby behappyalways » Tue Nov 06, 2018 12:18 pm

OCBC reports 12% rise in 3Q18 earnings to record $1.25 bil
https://www.theedgesingapore.com/ocbc-r ... rd-125-bil
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Re: OCBC

Postby behappyalways » Fri Feb 22, 2019 8:29 pm

OCBC reports 11% rise in FY18 earnings to $4.49 bil on banking ops
https://www.theedgesingapore.com/ocbc-r ... anking-ops
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Re: OCBC

Postby behappyalways » Mon May 13, 2019 8:09 pm

OCBC reports 11% rise in 1Q19 earnings of $1.23 bil on strong income growth
https://www.theedgesingapore.com/ocbc-r ... ome-growth
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