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Tag Archives for " OCBC "

OCBC to Issue US$500 mln Bonds

Oversea-Chinese Banking Corporation Limited (“OCBC Bank”) wishes to announce that it will launch today a benchmark international offering of U.S. dollar denominated fixed rate subordinated notes (“Notes”) to institutional and sophisticated investors. The Notes are expected to have a 10-year maturity and a call option 5 years from the issue date, with a step-up in […]

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Beware of Fake Online Banking Sites

Our three local banks – DBS, UOB and OCBC have been the target of scammers/phishers recently. Computer trojan programs installed into infected computers can trick users into revealing their internet banking passwords.  The login page looks very similar to the actual one, except are a minor difference.  Here’s how the fake DBS login page looks […]

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Singapore Government to Guarantee all Deposits

In a joint press statement issued by MAS and Ministry of Finance yesterday night, the Singapore government announced that it would guarantee all Singdollar and foreign currency deposits of individual and non-bank customers in licensed banks, finance companies and merchant banks.  The guarantee of up to S$150 billion will be more than enough to cover […]

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OCBC to Issue Preference Shares Again

Soon after the recent OCBC preference shares issuance, OCBC has decided to issue more preference shares to further balance its capital base. This time round, they will be issuing 10,000,000 preferences share at a price of $100 each. If demand is good, this might be increased to 15,000,000 shares. Out of these 10,000,000 OCBC preference […]

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OCBC Preference Shares ATM Application

The ATM application for the $50 million second tranche of OCBC preference shares opens from 9am today until noon on 28th July. You can apply for them through the ATM of the 3 local banks – DBS, UOB and OCBC. Each application requires a minimum subscription of 200 shares priced at $100 each. Additional shares […]

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