March 24, 2017 8:52 PM 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 and Executive Director
Age: 59
Head of Operations Division
Age: 61
Deputy Chief Executive and Executive Director
Age: 64
Assistant General Manager and Head of Financial Management Division
Age: 60
Head of Retail Banking Division and Assistant General Manager
Age: 62
Compensation as of Fiscal Year 2016.

OCBC Wing Hang Bank Limited Key Developments

OCBC Wing Hang Bank Limited expected to report First-Half, 2016 results on March 24, 2017. This event was calculated by Capital IQ (Created on March 18, 2017).

OCBC Wing Hang Bank Limited expected to report First-Half, 2016 results on March 24, 2017. This event was calculated by Capital IQ (Created on March 18, 2017).

OCBC Wing Hang Announces Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016

OCBC Wing Hang announced earnings results for the fourth quarter and full year ended December 31, 2016. For the fourth quarter, the company reported net interest income of HKD 1,016 million against HKD 935 million a year ago. Total income was HKD 1,413 million against HKD 1,226 million a year ago. Operating profit was HKD 668 million against HKD 632 million a year ago. Net profit was HKD 594 million against HKD 485 million a year ago. ROE was 7.1% against 7.6% a year ago. For the full year, the company reported net interest income of HKD 3,820 million against HKD 3,774 million a year ago. Total income was HKD 5,140 million against HKD 4,854 million a year ago. Operating profit was HKD 2,441 million against HKD 2,503 million a year ago. Net profit was HKD 2,047 million against HKD 2,028 million a year ago. ROE was 6.9% against 8.2% a year ago.

OCBC Wing Hang Bank Limited Announces Earnings Results for the Six Months Ended June 30, 2016

OCBC Wing Hang Bank Limited announced earnings results for the six months ended June 30, 2016. For the period, the company reported profit attributable to the equity shareholders was HKD 1 billion, compared to HKD 1.03 billion for the same period ended June 30, 2015. Net interest income was HKD 1.72 billion, compared to HKD 1.8 billion for the same period ended June 30, 2015. Profit before taxation was HKD 1.16 billion, compared to HKD 1.23 billion for the same period ended June 30, 2015.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 20, 2017
Hong Kong Life Insurance Limited
 

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