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We launched the first retail SORA-pegged home loan in Singapore as the industry take steps to move towards referencing overnight risk-free rate. With this, we are offering a more comprehensive range of home loan options and customers now have the opportunity to understand SORA as a new reference interest rate!
We’re the first in Singapore to offer SingPass as an alternative login to our digital banking platforms. Customers no longer need to remember multiple access codes and PINs as we’ve integrated digital banking access with Singapore’s National Digital Identity (NDI) platform. GovTech Singapore's Kwok Quek Sin, Senior Director, National Digital Identity, said: “OCBC is known for many of its innovative efforts in leading digital transformation and has been one of the early adopters of our National Digital Identity strategic platform. We are happy to be able to support our Singapore companies in their exciting digitalisation journeys. GovTech will continue to push out more products on the national digital identity platform to help businesses enhance digital service delivery, improve customer experience and bring about productivity gains.” Thanks for the strong partnership and collaboration as we co-create a trust ecosystem for Singapore’s banking industry using the NDI!
See the doctor if you're unwell - as more of Singapore re-opens, let’s do our part to keep it open. (Part 2 of our series of friendly & furry reminders to #staysafestaystrong)
On Monday (July 13), our credit research analyst Andrew Wong talked to Money FM’s Michelle Martin about the three ‘F’s you need to know when investing in bonds: the foundation, form and fundamentals. Listen to find out more about what this means, the signs that investor confidence bank, as well as our latest credit review.
Beyond the environment, conversation on sustainability has also begun to consider the various social issues that have bubbled to the surface in the (COVID-19) pandemic.
As our Head of Digital and Innovation, Pranav Seth, says: ‘Health is Wealth.’ Our new HealthPass by OCBC app brings various healthcare partners together to provide a one-stop solution for Singaporeans to manage their fundamental wealth – their health!
Mike Ng our head of structured finance and sustainable finance, said: "The awareness and interest in sustainable projects has been increasing over the last few years, and Covid-19 has helped to draw attention to wider sustainability issues, including social ones."
The Singapore Primary School Leaving Examinations (PSLE) is seen by many parents as a critical milestone in their child’s education. During this period, some parents want to be with their children to coach them, or simply be around for moral support. Our PSLE Leave Accommodation Scheme has been implemented since 2016 to support our employees in this purpose. At OCBC, we encourage employees to be more involved in the crucial growing years of their children. To help parents juggle their work and personal commitments, we have initiatives under our work-life programme such as PSLE leave scheme, flexible work arrangements, and career break scheme to enable employees to spend more time with their families. We are supportive of the Made for Families initiative and will continue to play our part in creating a conducive and supportive environment for families and raising children in Singapore. For more information about Made For Families visit go.gov.sg/MadeForFamilies. #WeAreMadeForFamilies #SGUnited
We are proud to be recognised by the CFTE as the No. 1 Bank globally with the least amount of clicks to open a bank account. Customer Focus remains at the heart of our Digital Banking narrative as we strive to produce world class products that offer value to Singaporeans.
As governments around the world turn to contact tracing apps to minimise the spread of COVID-19, privacy concerns have arisen over how personal data is used. Our Head of AI Lab Ken Wong explains how data sharing can bring benefits especially with guard rails such as governance and transparency in place to protect the individual.
