|Bid||11.47 x 0|
|Ask||11.45 x 0|
|Day's range||11.41 - 11.48|
|52-week range||10.98 - 13.54|
|Beta (5Y monthly)||0.85|
|PE ratio (TTM)||11.05|
|Earnings date||03 Aug 2022|
|Forward dividend & yield||0.56 (4.87%)|
|Ex-dividend date||06 May 2022|
|1y target est||13.90|
The MAS and ABS ask banks in Singapore to implement additional measures by 31 October to protect customers from digital banking scams.
Singapore's central bank has imposed an additional capital requirement of S$330 million on OCBC Bank given deficiencies in the bank’s response to SMS phishing scams in December 2021.
Singapore's central bank said it has asked Oversea-Chinese Banking Corp Ltd (OCBC) to keep an additional S$330 million ($240 million) in capital for operational risk after hundreds of its customers were hit by an SMS phishing scam in December. OCBC, Singapore's second-largest lender, said reported losses from the scam amounted to S$13.7 million, mostly in December.