September 30, 2016 12:54 AM ET

Banks

Company Overview of OCBC Wing Hang Bank Limited

Company Overview

OCBC Wing Hang Bank Limited, together with its subsidiaries, provides commercial banking and related financial services. It offers various retail banking products and services, such as current and savings accounts, fixed deposits, overnight plus deposits, foreign currency deposits, and integrated accounts; home, commercial, and industrial mortgage; personal, car, and other loans products, as well as revolving credit; and credit card products. The company also provides home, maid, medical, travel, motor, life, and homeowner security insurance plans; remittance services; investment services in the areas of securities, currency-linked deposit, unit trusts, foreign exchange margin, and gold; and...

161 Queen’s Road

Central,  

Hong Kong

Founded in 1937

Phone:

852 2852 5111

Fax:

852 2851 7127

Key Executives for OCBC Wing Hang Bank Limited

Chief Executive Officer, Executive Director, Chairman of Executive Committee, Member of Risk Management Committee, Member of Credit Committee and Member of Asset & Liability Management Committee
Age: 59
Head of Operations Division
Age: 61
Deputy Chief Executive, Executive Director, Member of Executive Committee and Member of Credit Committee
Age: 64
Assistant General Manager and Head of Financial Management Division
Age: 60
Head of Retail Banking Division, Assistant General Manager and Member of Asset & Liability Management Committee
Age: 62
Compensation as of Fiscal Year 2016.

OCBC Wing Hang Bank Limited Key Developments

Hong Kong Life Insurance Reportedly To Be Put Up For Sale

Hong Kong Life Insurance Limited may reportedly be put up for sale by Asia Insurance Company Limited, Chong Hing Bank Limited, OCBC Wing Hang Bank Limited, Shanghai Commercial Bank Ltd. and Wing Lung Bank Limited. The five owners are working with adviser Nomura Holdings about the future of the company, which may lead to a sale. Great Eastern Holdings is considering bidding for the company.

OCBC Wing Hang Bank Limited Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2016

OCBC Wing Hang Bank Limited reported unaudited earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported total income of SGD 208 million against SGD 215 million a year ago. Operating profit before allowances and amortization was SGD 96 million against SGD 109 million a year ago. Capital expenditure was SGD 3 million against SGD 3 million a year ago.

OCBC Wing Hang Reports Audited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

OCBC Wing Hang reported audited earnings results for the fourth quarter and full year ended December 31, 2014. For the year, the company reported operating profit of SGD 94 million. The company progressively consolidated from July 2014, contributed a net profit after tax of SGD 81 million to the group after accounting for merger-related adjustments mainly in depreciation and provisions. For the quarter, the company reported operating profit of SGD 50 million.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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