OCBC Bank named Bank of the Year 2023


The Banker singled out OCBC Bank’s wide-ranging approach to improve its banking operations. — Reuters

PETALING JAYA: OCBC Bank (M) Bhd has been named Malaysia’s “Bank of the Year 2023” by trade publication The Banker.

OCBC Bank, among the foremost foreign banks in Malaysia, is part of the Singapore-based OCBC Group, which is the region’s second-largest banking group by assets and has a history of over 90 years.

In citing the reason for the selection, The Banker singled out OCBC Bank’s wide-ranging approach to improve its banking operations, taking measures to increase its green credentials, support retail customers and develop new opportunities for its staff.

OCBC Bank chief executive officer Tan Chor Sen said the award will spur the bank to not only do more of what works for the communities it serves, but also to keep challenging itself to excel and do even better.

“We are delighted with this recognition, which affirms the direction we have been taking all these years, revolving around sustainability, digitalisation, customer-centricity and staff.

“By enabling our people and communities to realise their aspirations every step of the way, we believe we will be entrenching ourselves as the best bank for the communities we serve not just in Malaysia but in the region as well. For now, and beyond,” Tan said in a statement.

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