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OCBC is looking to Greater China and Southeast Asia for a $2.2 billion boost in revenue

Oversea-Chinese Banking Corporation (OCBC) is aiming to generate an additional $2.2 billion in revenue by 2025 through its focus on longer-term opportunities in Greater China and Southeast Asia. CEO Helen Wong believes that the region will continue to contribute to global GDP growth, with China and the Association of South East Asian Nations growing at a compound annual growth rate (CAGR) of 13%. OCBC plans to improve its digital customer service and capture more customers and businesses in order to achieve this growth. Wong also mentioned that the bank has seen some inflows of money due to the collapse of regional banks in the US.

The post OCBC is looking to Greater China and Southeast Asia for a $2.2 billion boost in revenue appeared first on Balanced News Summary.



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OCBC is looking to Greater China and Southeast Asia for a $2.2 billion boost in revenue

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