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OCBC (SGX:O39) has strengthened the foundation of its wealth management business in 2024 and 2025.
Targeting double-digit growth in wealth management.
- - Read this at SGinvestors.io -
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Bank of Singapore (BOS) has achieved its target of 500 relationship managers by end-25 and has set a new target of 600 relationship managers over the next three years. It aims to grow AUM contributed by ultra HNW clients by 30% by 2028.
Utilising AI to enhance client experience and advisor productivity.
- - Read this at SGinvestors.io -
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OCBC has also deployed generative AI to train its 900 wealth advisors in Singapore through realistic client simulations covering investment advisory, risk profiling, and wealth planning. Advisors who completed the programme have secured more client appointments and achieved higher revenue.
Bolt-on acquisition with rapid synergies.
- Read more at SGinvestors.io.
Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.
Jonathan Koh CFA UOB Kay Hian Research | https://research.uobkayhian.com/ 2026-07-06
Previous report by UOB:
2026-06-26 Singapore Banks - A Reformer Bent On Downsizing The Fed’s Balance Sheet.
Price targets by 4 other brokers at OCBC Target Prices.
Listing of research reports at OCBC Analyst Reports.
Relevant links:
OCBC Share Price History,
OCBC Announcements,
OCBC Dividend Payout Dates & Corporate Actions,
OCBC News
