Oversea-chinese Banking Corporation Limited · SGX:O39
Oversea-chinese Banking — H1 2020 Earnings Presentation
9 slides from Oversea-chinese Banking's earnings presentation, Aug 7, 2020
Slide 1: Group Chief Executive Officer Update
Group Chief Executive Officer Update 7 August 2020 OCBC Financial Results 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. These
Slide 2: 1H20 Overview
Overview 1H20 Overview Build balance sheet strength to buffer uncertainty and slow recovery ❑ Much uncertainty persists on both the economic front and human cost arising from the pandemic. Rising geo-political tensions further clouds outlook ❑ Protected customer franchise for long-term value creatio
Slide 3: FY20 Expectations
Outlook FY20 Expectations Some early signs of rise in business activities, but neither strong nor systemic ❑ Risk appetite in real economy low. Mindful of second and new waves of infections. Too early to accurately predict timing and path to recovery ❑ Disciplined cost management. Target further qua
Slide 4: Looking beyond COVID-19
Strategic Positioning Looking beyond COVID-19 Well-positioned with diverse and highly interconnected franchise to drive future growth Position for megatrends shaping future growth: ❑ Rebalancing of economies and reinventing business models – Support customer activities in consolidations, privatisati
Slide 5: Moving towards a phased re-opening
Targeted Support Moving towards a phased re-opening Delivering highly responsive and accessible services as we transition forward Employees Customers Community ❑ Gradual resumption to ❑ S$27b moratorium relief ❑ Assist needy office-based work to (primarily secured) communities across our better serv
Slide 6: Rapid pace of digital adoption
Digital Adoption Rapid pace of digital adoption More than 100,000 first-time users of Singapore digital channels in 1H20 alone SMEs SME accounts PayNow Corporates Digital vs Manual SME loans opened digitally transactions applied digitally 1.8X Numbers of accounts 8.7X Transactions 1.9X Transactions
Slide 7: Accelerating digital transformation
Consumer/Wealth Mgt Accelerating digital transformation Innovative and seamless solutions to help individuals achieve their financial goals SINGPASS MOBILE INSTANT SECURED INSTANT CHEQUE LOGIN LOANS ENCASHMENT 1st bank in SG to 1st to integrate with 1st bank in Southeast Asia to enable use of SingPa
Slide 8: Accelerating digital transformation (cont'd)
Wholesale Banking Accelerating digital transformation (cont’d) Leading the way with innovative first-to-market solutions for businesses BUSINESS FINANCIAL E-INVOICING SINGPASS MOBILE LOGIN MANAGEMENT 1st to enable SMEs to send FOR SMEs 1st to offer SMEs a view of sales invoices electronically histor
Slide 9: Thank You
Thank You &) OcBC Bank
Oversea-Chinese Banking — H1 2020 Earnings Presentation on 6ix