“After these technology and digital developments are completed, our digital banking capability will increase substantially,” group CEO Helen Wong said at a media briefing in Hong Kong on Wednesday. “This will allow our customers to conduct online banking and trading in a quicker and more efficient manner.”
OCBC acquired Hong Kong’s Wing Hang Bank in 2014. Photo: SCMP
As part of the investments, OCBC in March leased 54,800 sq ft in Airside, a mixed-use development by Nan Fung Group in Kai Tak, Hong Kong, for its new office, according to Cushman & Wakefield.
“It is important to upgrade our facilities to attract talent and new customers,” Wong said.
Established in 1932, OCBC is the second-largest bank in Southeast Asia by assets. It uses a twin-hub approach – Singapore and Hong Kong – to run its business in its major markets Singapore, Malaysia, Indonesia, Hong Kong, Macau…