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OCBC Bank
3.4
based on 27 Reviews
Company Overview
Company Locations
Working at OCBC Bank
Company Summary
Overall Rating
3.4/5
based on 27 reviews
11% below
industry average
Critically rated for
Promotions, Job security, Work-life balance
Work Policy
Monday to Friday
94% employees reported
Flexible timing
67% employees reported
No travel
76% employees reported
Day shift
100% employees reported
View detailed work policy
About OCBC Bank
Founded in--
India Employee Count11-50
Global Employee Count10k-50k
HeadquartersSingapore, Singapore
Office Locations
--
Websiteocbc.com
Primary Industry
Other Industries
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OCBC Bank Ratings
based on 27 reviews
Overall Rating
3.4/5
How AmbitionBox ratings work?
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9
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8
3
3
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6
Category Ratings
3.5
Company culture
3.5
Salary
3.5
Skill development
3.4
Work satisfaction
3.3
Work-life balance
3.1
Job security
2.9
Promotions
OCBC Bank is rated 3.4 out of 5 stars on AmbitionBox, based on 27 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
OCBC Bank Reviews
Compare OCBC Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.4/5 based on 27 reviews | 4.0/5 based on 38.7k reviews | 3.9/5 based on 40.3k reviews | 3.8/5 based on 25.9k reviews |
Highly Rated for | No highly rated category | Job security Skill development Company culture | Job security Skill development | No highly rated category |
Critically Rated for | Promotions Job security Work-life balance | No critically rated category | Promotions | Promotions |
Primary Work Policy | - | Work from office 91% employees reported | Work from office 84% employees reported | Work from office 79% employees reported |
Rating by Women Employees | 2.1 Poor rated by 5 women | 3.9 Good rated by 10.3k women | 3.7 Good rated by 8.5k women | 3.6 Good rated by 5.6k women |
Rating by Men Employees | 4.0 Good rated by 17 men | 4.0 Good rated by 26.7k men | 3.9 Good rated by 29.9k men | 3.8 Good rated by 19.2k men |
Job security | 3.1 Average | 4.1 Good | 4.0 Good | 3.7 Good |
View more
OCBC Bank Salaries
OCBC Bank salaries have received with an average score of 3.5 out of 5 by 27 employees.
Assistant Vice President
(25 salaries)
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₹26 L/yr - ₹98.8 L/yr
Senior Software Engineer
(5 salaries)
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₹18.2 L/yr - ₹51 L/yr
Associate Vice President
(4 salaries)
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₹60 L/yr - ₹1.1 Cr/yr
AVP
(4 salaries)
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₹43 L/yr - ₹60 L/yr
Senior Consultant
(4 salaries)
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₹40.2 L/yr - ₹71 L/yr
Senior Java Developer
(4 salaries)
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₹19 L/yr - ₹50 L/yr
Application Developer
(4 salaries)
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₹32 L/yr - ₹70 L/yr
Senior Front end Developer
(3 salaries)
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₹32 L/yr - ₹40.1 L/yr
Senior Data Scientist
(3 salaries)
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₹60 L/yr - ₹70.8 L/yr
Senior Software Developer
(3 salaries)
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₹12 L/yr - ₹36 L/yr
OCBC Bank News
View all
OCBC and EnterpriseSG Offer SMEs Support for Sustainability Assessments, Loans
- OCBC and Enterprise Singapore (EnterpriseSG) have introduced the OCBC SME Start-ESG Programme to help SMEs assess and improve their sustainability performance.
- The programme provides SMEs with a baseline sustainability assessment, expert guidance, and access to sustainability-linked loans (SLLs) from OCBC.
- Up to 70% of eligible costs for the annual assessment over three years will be covered by EnterpriseSG, which includes sustainability ratings, carbon footprint evaluations, and certification and assurance.
- The programme expects 300 SMEs to participate and offers them SLLs, with assessments conducted by EcoVadis and ESGpedia.
Fintechnews | 13 Feb, 2025
OCBC is First Bank in Singapore to Sell Tokenized Bonds
- OCBC becomes the first bank in Singapore to sell tokenized bonds to corporate accredited investors.
- The tokenized bonds are structured based on the client's desired tenor and yield and are minted and transferred to the client's wallet on OCBC's asset tokenization platform.
- This launch aligns with Singapore's push to commercialize and scale the usage of tokenized assets, allowing for fractional ownership and more diversified portfolios.
- OCBC's asset tokenization capability will be expanded to include other types of tokenized assets in the future.
Intelalley | 7 Jan, 2025
OCBC Debuts Tokenised Bonds for Corporate Accredited Investors
- OCBC Bank becomes the first bank in Singapore to offer bespoke tokenised bonds to corporate accredited investors (corporate AIs).
- The tokenised bonds are available in S$1,000 denominations, allowing clients to diversify their portfolios more easily.
- OCBC's blockchain infrastructure is used to mint and transfer the tokenised bonds to clients' digital wallets.
- The launch aligns with Singapore's push to commercialise and scale the use of tokenised assets.
Fintechnews | 6 Jan, 2025
OCBC Group announces $1,000 payout for junior employees
- OCBC Group is providing a $1,000 payout to around 4,000 junior employees in Singapore.
- This payout is part of OCBC's commitment to supporting employee well-being amidst high living costs.
- The payout follows a similar initiative earlier in 2023 and is part of a larger $7.5 million global support plan.
- OCBC's strong financial performance enables such measures, with a 9% rise in net profit in Q3 2024.
HRKatha | 24 Dec, 2024
XTransfer, OCBC Team Up to Provide Enhanced Financial Services for SMEs
- XTransfer and OCBC Bank have partnered to provide enhanced financial services for SMEs.
- The collaboration focuses on payment processing, foreign exchange, risk management, and wealth management solutions.
- OCBC's regional network will be leveraged to support cross-border settlements and facilitate business growth.
- The partnership aims to improve cross-border trade efficiency and expand financial services for XTransfer's customer base.
Fintechnews | 23 Dec, 2024
OCBC Gives S$7.5 Million in Financial Aid to Junior Employees for Second Year
- OCBC Bank is providing S$7.5 million in financial aid to its junior employees for the second year.
- Around 11,000 employees across OCBC Group will benefit from this initiative.
- In Singapore, approximately 4,000 junior employees will receive S$1,000 each.
- The aid is aimed at addressing cost-of-living pressures and follows similar initiatives by other Singaporean banks.
Fintechnews | 23 Dec, 2024
Regional Banks Vie for Controlling Stake in Indonesia’s Panin Bank
- Several major Southeast Asian lenders, including OCBC, CIMB, Maybank, and Japanese banks Mitsubishi UFJ Financial Group and Sumitomo Mitsui Banking Corp, are vying for the controlling stake in Bank Pan Indonesia (Panin Bank).
- The stake, currently held by Australia's ANZ and the Gunawan family of Indonesia, is valued at approximately US$2.4 billion.
- Panin Bank's diverse portfolio and Indonesia's robust economic growth have fueled significant interest in the acquisition.
- ANZ has been seeking to divest its stake since 2013, and the Gunawan family is expected to retain some ownership even if a deal is finalized.
Fintechnews | 11 Dec, 2024
Child-Free Couples Lag Behind Parents on Retirement Savings, Financial Discipline
- DINK couples in Singapore lag behind parents on retirement savings and financial discipline, according to the OCBC Financial Wellness Index 2024.
- In terms of retirement planning, DINKs scored lower than parents, with only 33 compared to 44 points.
- DINKs also underperformed in financial virtues such as reviewing financial plans annually, seeking professional advice, and sticking to a budget.
- Despite their lack of planning, DINKs have ambitious retirement goals but underestimate the financial requirements for retirement.
Fintechnews | 18 Nov, 2024
OCBC Now Offers Instant Transfers to WeChat Pay and Alipay in China
- OCBC Bank launches new service allowing instant transfers to users of WeChat Pay and Alipay in China.
- Customers can send up to CNY 50,000 per day and CNY 300,000 per year using recipient's China national identification name and mobile number.
- OCBC plans to expand the service to include over 50 digital wallets in other countries.
- Goal is to become the go-to app for cross-border transactions in Greater China, ASEAN, and globally.
Fintechnews | 7 Nov, 2024
Ant International Deploys AI to Streamline Cross-Border Transactions for SMEs
- Ant International is using AI technologies to streamline cross-border transactions for SMEs.
- The company has developed an AI-powered foreign exchange (FX) model for predicting currency exchange rates.
- Ant International's advanced anti-deepfake e-KYC tool helps prevent AI-assisted fraud and secure transactions.
- Partnerships with OCBC Bank and PayPay further strengthen Ant's cross-border payment solutions.
Fintechnews | 7 Nov, 2024
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OCBC Bank FAQs
Where is the OCBC Bank headquarters located?
OCBC Bank is headquartered in Singapore.
How many employees does OCBC Bank have in India?
OCBC Bank currently has approximately 30+ employees in India.
Does OCBC Bank have good work-life balance?
OCBC Bank has a work-life balance rating of 3.3 out of 5 based on 20+ employee reviews on AmbitionBox. 37% employees rated OCBC Bank 3 or below, while 63% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read OCBC Bank reviews for more details
Is OCBC Bank good for career growth?
Career growth at OCBC Bank is rated as poor, with a promotions and appraisal rating of 2.9. 37% employees rated OCBC Bank 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading OCBC Bank reviews for more detailed insights.
What are the cons of working in OCBC Bank?
Working at OCBC Bank does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, job security and work life balance, based on 20+ employee reviews on AmbitionBox.
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