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We're almost at the #circuitbreaker halfway mark. While most of us are working from home, some of our colleagues have had to continue working in branches and offices to ensure customers get the banking support they need. Thank you all, and Happy Labour Day.
Our Head of Wealth Advisory, Kelvin Goh, chats with Executive Director for Investment Strategy, Vasu Menon, on how investors can navigate the markets in these uncertain Covid-19 times.
Head of Digital and Innovation, Pranav Seth, tells The Business Times what it will take to get the elderly to continue to bank digitally after the Covid-19 crisis subsides. Do old habits die hard?
“Companies and cities are transitioning to low carbon and more sustainable economies, so we expect to see more projects addressing the needs for climate change mitigation and adaptation in coming years," said our head of structured finance and sustainable finance Mike Ng. Read on to find out more about how we are integrating sustainability into banking.
Our ATMs are now safer! All of our ATMs island wide have been sprayed with an eco-friendly coat of disinfectant that has been certified to effectively kill the coronavirus. The ATMs will be wiped down every day with a chemical to reinforce the strength of the disinfectant capability. Customers can also reduce physical contact with the ATM by scanning a QR code with the OCBC Pay Anyone app to withdraw cash, without needing to use a card or keying in their PIN and choices on the PIN pad. We encourage all customers to practice good hygiene and frequent hand-washing to protect themselves. At our branches and self-banking lobbies, hand sanitisers are available for customers’ use during branch opening hours.
We expect to disburse this S$1 billion to small businesses by 30 June 2020 while fully utilising MAS' low-cost Singapore-dollar facility and passing on all cost savings to SMEs. This will bring the interest rate of our government-assisted temporary bridging loan to 2-3%.
Global markets have rebounded spectacularly despite the ongoing Covid-19 health crisis. Is the bull back or is this a bear trap? Our Executive Director of Investment Strategy, Vasu Menon, shared an exclusive commentary with The Straits Times today of his reading of this seemingly paradoxical market event.
Learning doesn’t stop at OCBC Bank. We’re learning and connecting with one another virtually through curated programmes. The silver lining behind the circuit breaker is that our people are transcending time and space to grow together, further, better!
Learning doesn’t stop at OCBC Bank. We’re learning and connecting with one another virtually through curated programmes. The silver lining behind the circuit breaker is that our people are transcending time and space to grow together, further, better!
From 9 April - 4 May 2020 , some branches will be temporarily closed as branch traffic falls from the increased government measures to fight Covid-19. 24 of our branches will remain fully operational and available across the island, including our shared ATM network that consists of more than 1,200 OCBC and UOB ATMs. We encourage you to use our online, mobile and digital channels for banking services to help you manage your money and investments. Do opt for OCBC Pay Anyone, which leverages the PayNow platform that is now widely available at merchants across Singapore. Recently, we have also added a Chinese language option in our mobile banking app. For more info on which branches you can visit, and other Covid19-related measures we’re taking:
