Corporate Bits

OCBC commits HKD15 billion to strengthen technology and talent in Greater China


The Overseas Chinese Banking Corporation (OCBC) has announced plans to invest HKD1.5 billion to strengthen its technology platforms and develop its business in Greater China. At a media conference in Hong Kong, OCBC Group CEO Helen Wong said the bank aims to recruit more than 300 professionals over three years and expand its business development center in Greater China.

The new hires would help implement OCBC’s digital transformation strategy and support business growth goals. Wang Ke, president of Greater China and CEO of OCBC Bank Hong Kong, said the rapid expansion of OCBC Hong Kong exemplifies the group’s focus on ASEAN-Greater China opportunities through hub operations in Singapore and Hong Kong.

The bank plans to invest HKD1 billion to build a modern technology platform using AI to boost employee productivity and achieve 90% systems standardization within three years.

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