OCBC to leverage on rising Asian wealth

Big plans: In this file picture, office workers walk past an OCBC Bank building in Singapore. The bank will invest to strengthen its comprehensive regional franchise and accelerate its digital transformation. — Reuters

PETALING JAYA: Singapore’s Oversea-Chinese Banking Corp (OCBC) plans to tap on several growth drivers in the coming years, including rising wealth in Asia through hubs in Singapore and Hong Kong, Asean-China trade and investments, and the transition to a sustainable low-carbon world.

According to UOB Kay Hian (UOBKH) Research, the banking group will invest to strengthen its comprehensive regional franchise and accelerate its digital transformation.