Oversea-Chinese Banking Corporation Limited Overview
Pro stress-test →OCBC is a Singaporean multinational banking and financial services corporation headquartered in Singapore, and as of end 2024, it had S$625.1 billion in assets, making it the second largest bank in Southeast Asia by assets. It operates over 400 branches and representative offices in 19 countries including Malaysia, Indonesia, mainland China, Hong Kong and Macau.
Strategic Profile
Pro stress-test →OCBC is transitioning from rate-driven net interest income to fee-based earnings through advice, transactions, and wealth management as rate-driven returns cool. In Q1 2025, wealth management income represented about 38% of total group income, with banking wealth AUM reaching S$306 billion. The bank's private banking arm, Bank of Singapore, reported assets under management exceeding US$145 billion in Q3 2025 and plans further investment in hiring and technology in 2026 as it targets becoming a top-five Asian private bank.
Competitive Landscape
Pro stress-test →OCBC competes with larger peer DBS and UOB in the Singapore banking market, with recent analyst commentary positioning OCBC as a more attractive alternative within Singapore financials. OCBC differentiates through its strong wealth management franchise, diversified geographic footprint across Southeast Asia, and capital return strategy. Its second-largest asset position in Southeast Asia provides scale advantages against regional competitors.
Industry Context
Oversea-Chinese Banking Corporation Limited operates in Banking & Financial Services.
Key facts
Founded: 1912 · Headquarters: Singapore, SG · Employees: 30000+ · Revenue: S$10.4B · Market cap: ~S$138B