In 2024, Oversea-Chinese Banking Corp announced the bank would be investing HK$1.5 billion over three years to upgrade its technology including its core banking system, with a third of the investment for workplace transformation.
On May 16, Wang Ke, Head of Greater China and CEO of OCBC Hong Kong said during a media briefing in Hong Kong, “this is how we’ve progressed with our future-ready office, [with which] we are embarking on accelerated growth in Hong Kong and Macau.”
He adds: “Despite the challenging external environment, [in 1Q2025], we were able to group our Hong Kong revenue by 14% y-o-y to HK$1.94 billion.” OCBC Hong Kong’s whilesale banking business’s collaboration with Asean grew by 17% y-o-y while premiue rbaning customers grew by 30% y-o-y in 1Q.
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