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OCBC signs partnership with UK government to channel $17b investments into key British industries
Apr 02, 2025•about 1 year ago
Contract Type
partnership
SingaporeFinanceFintechLending
Description
Singapore bank OCBC has signed a partnership agreement with the government of Britain to channel $17 billion of foreign investments into British energy, infrastructure and real estate by 2030. This strategic partnership aims to promote the UK as a hub for businesses, investors and services involved in leading the energy transition.
Company Information
Company
OCBC
Location
Singapore, Southeast Asia, Singapore
About
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.