Tag "OCBC"
Financial Sector Dominates LinkedIn’s ‘Best Workplaces’ in Singapore
LinkedIn has released its Top Companies list for 2024, identifying the 15 best workplaces for career growth in Singapore. Financial institutions dominate this year’s rankings, emphasizing the sector’s focus on employee experience and adaptability in integrating artificial intelligence. The analysis,
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OCBC Reports Sixfold Increase in Eco-Care Car Loans Amid Rising EV Popularity
OCBC has reported a major increase in its Eco-Care Car Loans, with numbers surging over sixfold in 2023 compared to their launch year in 2021. This rise coincides with a growing environmental consciousness among Singaporeans and a governmental push towards
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Money Lock Safeguarded S$6.6B Across Over 78,000 Singapore Accounts
Since the launch of the Money Lock feature by three local banks – OCBC, DBS, and UOB – in November, over 78,000 accounts have been established with more than S$6.6 billion of savings securely set aside as of March 2024.
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COSMIC Platform Goes Live in Singapore to Combat Financial Crime
The Monetary Authority of Singapore (MAS) has officially rolled out the COSMIC platform, a digital initiative aimed at bolstering the defense against money laundering, terrorism financing, and the proliferation of weapons of mass destruction. The system, which became operational today
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OCBC Supports Women-Led Startups with Up to S$100,000 Financing
OCBC Bank has unveiled a SME programme set to launch in April 2024, aimed specifically at supporting women entrepreneurs in Singapore. The OCBC Women Entrepreneurs Programme offers a targeted approach to financing, enabling female-owned SMEs to expedite their business goals.
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Elaine Heng to Lead OCBC’s Newly Formed Strategy and Sustainability Division
OCBC Bank has established a new division named Group Strategy, Innovation, and Sustainability. The division aims to anchor the bank’s strategic direction, fostering innovation and sustainability efforts. The new division, set to commence on 22 April 2024, will play a
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Three Singapore Banks Step Up to Combat Rising Cost of Living for Junior Staff
Three of Singapore’s leading banks have announced substantial financial aid packages in a move to support junior employees during times of economic inflation. This initiative, kick-started by DBS, followed by OCBC, and then UOB, is in response to the latest
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OCBC to Offer S$9M Financial Aid to Junior Staff Worldwide Amid Rising Living Costs
OCBC Bank plans to distribute a one-time financial aid package totaling nearly S$9 million to its junior employees worldwide, aimed at alleviating the impact of escalating living costs. The disbursements are scheduled between February and March 2024. This initiative is
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OCBC Enhances Digital Security, Extends OCBC Money Lock to Time Deposits
From January 31, OCBC Singapore is set to expand its OCBC Money Lock ‘kill switch’ service to time deposits. This follows its successful implementation for current and savings accounts in November 2023. The enhancement is a response to growing concerns
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5 Use Cases Of Generative AI (Gen AI) in Banking, Insurance Within Asia
The emergence of generative artificial intelligence (Gen AI) represents a pivotal moment in the technological evolution, significantly altering the digital financial services landscape in the Asia Pacific region where we are seeing a rise of use cases for generative AI
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