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Our PayNow collaboration with Republic Polytechnic makes school fee payment easier for students and their parents. They just need to scan a quick-response (QR) code on the student portal with their mobile phones.
Are we on the cusp of a trade truce between US and China? Selena Ling, Head of Treasury Research & Strategy, highlights some of the possible outcomes of the US-China trade war and what this means for the Singapore economy at the recent The Straits Times Global Briefing.
Our presence in Myanmar dates back to 1923 when the Oversea-Chinese Bank, one of the three banks that merged to form OCBC Bank, set up their first branch in Rangoon (now known as Yangon). We had branches in Yangon and Lashio before the banking industry was nationalised in 1963. We later returned with a representative office about two decades ago before opening our full branch office in Yangon in 2015. Yesterday, we celebrated the 4th anniversary of this branch. Every anniversary is a celebration of our partnerships in this country. We are humbled to have played a part in developing its infrastructure, healthcare and education sectors together with our customers – both local and overseas.
Feel the fear and do it anyway – that’s Eugene’s life motto. Five years ago, he took up rock climbing to conquer his fear of heights and it has become his favourite hobby ever since. At work, he adopts the same mindset and is not afraid to take on new projects in the digital strategy team, actively picking up new skills along the way. #PeopleOfOCBC
With the G20 summit just a few days away, markets remain on tenterhooks over the “extended meeting” scheduled between United States President Donald Trump and his Chinese counterpart Xi Jinping. Our Head of Greater China Research, Tommy Xie, shares his views on how to interpret the on-going US-China tiff.
Taking up a business loan may not be a bad thing. When used strategically, you’ll be able to scale up operations and seize timely opportunities. Here’s a guide to business loans for Singapore entrepreneurs.
Earlier in March this year, our staff helped to crack two large-note counterfeit cases. On the first occasion (8 March), eight pieces of $10,000 notes were suspected to be counterfeits by bank teller Michelle Koh (second from right), who then alerted Service Officer Chang Chin Choo (second from left), and Customer Service Manager Cecilia Low (first from left). After police investigations, it was discovered that the elderly owner of the notes had found them in his late father’s belongings and was unaware that they were counterfeit. On the second occasion (21 March), another $10,000 note was suspected to be a counterfeit by bank teller Elaine Tan (first from right) as the feel and security features of the note looked odd. Service Officer Chang Chin Choo and Customer Service Manager Glenda Tan (centre) were then alerted. Upon investigations, the font of the serial numbers was confirmed to be different from genuine notes. The note was traced back to a client of the company that the female customers worked for. Thank you to our alert branch staff!
Digitalising trade finance and cash management solutions is important to us. We are humbled that our efforts have been recognised at The Asian Banker Transaction Awards 2019, where we were honoured for having the Best API Initiative, Application or Programme, Best Digital Trade Finance Platform Initiative, Application or Programme and for being the Best Trade Finance Bank in Singapore. Thank you to our customers for their partnership and trust in us!
The Business China Awards was held earlier this month to honour outstanding individuals as well as organisations for their successes and extraordinary contributions in deepening Singapore-China relations as well as promoting bilingualism and biculturalism. It was attended by over 900 distinguished guests including our CEO Samuel Tsien and guest-of-honour Prime Minister Lee Hsien Loong, who presented the awards to recipients. We are proud to have been associated with the Awards since its inception in 2010 and look forward to continuing to make a positive contribution to strengthening the friendly relations between Singapore and China.
Never give up - that’s Qian Yan’s mantra. She currently runs her online bakery called Qiannybakes and is also part of The Open Vault crew after joining the bank as part of its Graduate Talent Programme. Qian Yan joined The Open Vault with no prior Fintech background, but her openness to ideas and positive attitude are qualities that have helped her excel in her current roles.
