Oversea-chinese Banking Corporation Limited · SGX:O39
Oversea-chinese Banking — FY2023 Earnings Presentation
9 slides from Oversea-chinese Banking's earnings presentation, Feb 28, 2024
Slide 1: Group Chief Executive Officer Key Messages
Group Chief Executive Officer Key Messages Helen Wong, Group Chief Executive Officer 28 February 2024 OCBC Financial Results
Slide 2: Another solid year for OCBC
Results overview Another solid year for OCBC ❑ Consecutive year of record net profit ❑ Delivered on key financial targets for FY23; including the 2023 target embedded in the 3-year S$3 billion incremental revenue ambition ❑ Total income at new high; robust performance across the business franchise ❑
Slide 3: Our One Group approach
Corporate strategy Our One Group approach Strengthened by our Unified Brand and Purpose Values Ambition (PVA) 2021 2023 2023-24 ONE Unified PVA GROUP Brand Activation REFRESHED LOGO Purpose Values Ambition Why we exist How we show up Where we are going N E W TA G L I N E 3
Slide 4: Reinforce strengths: Purpose, Ambition and Corporate Strategy
Corporate strategy As One Group, with our Purpose and Values guiding us, we can achieve our Ambition through our Corporate Strategy PURPOSE AMBITION FOR To enable people To be Asia’s leading financial services partner for a sustainable1 future Shareholders and communities Corporate Strategy to reali
Slide 5: Our Ambition to be Asia's leading financial services partner for a sustainable future
Corporate strategy Our Ambition to be Asia’s leading financial services partner for a sustainable future Banking Wealth Management Insurance Strengthened Regional Coverage Solidified our Unique Wealth Continuum Market leader in Singapore & Malaysia ❑ Accelerated customer onboarding ❑ Strengthened We
Slide 6: Our Sustainability Imperatives laid out in our Sustainability Framework
Corporate strategy Our Sustainability Imperatives laid out in our Sustainability Framework Accelerating the transition to a Bringing impact to Conducting business net-zero future communities responsibly Support client transition to net zero with Dynamic workplace and society through Responsible busi
Slide 7: Looking ahead: Outlook and 2024 Targets
Outlook Looking ahead Outlook ❑ Global growth slowdown anticipated for 2024, but expect Asia to perform better ❑ Interest rates to trend downwards, likely from second half of 2024 ❑ Global inflation to remain sticky in near term ❑ Stay vigilant and nimble amid increasingly complex market and geopoli
Slide 8: Recognition for Excellence and Achievements
Recognitions Recognition for Excellence and Achievements • Best Life Insurance Product and Best Mortgage/Home Loan Financing (The Asian Banker Global Private Banking Excellence in Retail Financial Services Awards) Consumer / • Winner – Best Multicurrency Account (The Digital Banker's Global Retail B
Slide 9: Thank you
Thank you Disclaimer: This presentation should be read as an overview of OCBC’s current business activities and operating environment which may contain statements relating to OCBC’s growth strategy and future business aspirations. This presentation contains “forward-looking statements”, which are ba
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