OCBC Combines Subsidiaries

MT Newswires

2025/09/04

Oversea-Chinese Banking Corp. or OCBC (SGX:O39) consolidated OBCB Bank Hong Kong and OCBC Credit Hong Kong, with OCBC Hong Kong continuing as the surviving entity, according to a Thursday filing with the Singapore Exchange.

The amalgamation is part of the company's strategy to streamline its organizational structure.

Shares of the company were up over 1% at the close of trading on Thursday.

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