OCBC Bank’s online unit trust platform attracts over 80% new-to-product customers

Market recognition: (From left) OCBC Bank (M) Bhd head of wealth management Reuben Tan and its head of digital business (consumer financial services) Ng Say Young with the winning trophy for the Banking Category at the Malaysia International Business Awards 2023 by Asian Business Review.

KUALA LUMPUR: Newbie investors are warming up to OCBC Bank (M) Bhd’s recently introduced online unit trust platform, which features the industry’s lowest investment amount of RM10, alongside the convenience of investing digitally.

According to OCBC Bank managing director and head of consumer financial services, Anne Leh, over 80% of the investors using the OCBC Online Unit Trust platform are entirely new to their unit trust investments.