Net profit of OCBC Group 2017-2023

Published by Lucas Romero, Sep 10, 2024

In fiscal year 2023, the net profit of Oversea-Chinese Banking Corporation (OCBC) Group amounted to approximately seven billion Singapore dollars. This represents a significant rebound from the previous years. OCBC Bank is the longest established bank in Singapore, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912.

Net profit of Oversea-Chinese Banking Corporation (OCBC) Group from 2017 to 2023 (in billion Singapore dollars)

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Release date

April 2024

Region

Singapore

Survey time period

2017 to 2023

Supplementary notes

One Singapore dollar equals to approximately 0.77 U.S. dollars or 0.69 euros as of September 2024.

Figures have been rounded.

2017 figures were restated with the adoption of Singapore Financial Reporting Standards.

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