OCBC Bank (Malaysia) Berhad has been named Malaysia’s “Bank of the Year 2023” by London- based The Banker. The banking group is among the foreign banks in Malaysia and in existence for over 90 years.
It is part of the Singapore- based OCBC Group, the region’s second largest banking group by assets. The Banker’s “Bank of the Year” Awards is a highly respected global banking awards programme that recognises outstanding financial institutions following a review of their balance sheet data, strategic initiatives, technology, and new products and services. The scope of the awards covers more than 120 countries worldwide, with judging conducted by a panel of editors including regional and sector specialists.
In citing the reason for the selection, The Banker singled out OCBC Bank’s wide-ranging approach to improve its banking operations, taking measures to increase its green credentials, support retail customers and develop new opportunities for its staff.
