Oversea-Chinese Banking (OVCHY)

Overall impact
B (61)

Commentary

Oversea-Chinese Banking is a strong overall performer. With a 'B' rating of 60.8 for overall impact (65th percentile compared to all companies), Oversea-Chinese Banking ranks 103rd out of 180 industry peers, behind Bancolombia, Banco Santander Chile, Itau Unibanco and 99 others, and ahead of Popular, Macro Bank, Grupo Aval Acciones Y Valores and 74 others. On top material causes for Oversea-Chinese Banking's industry (Banking), Oversea-Chinese Banking performs well in No Poverty (80.2 score) and Decent, Safe Work Opportunities (83.2) and performs poorly in Reduced Availability of Weapons (39.5 score) and Terrestrial Biodiversity (34.5).
Impact
Cause OVCHY
Peer rank
Overall impact

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Impact trend

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Company
Employees
33,656
Sector
Financials
Industry
Banks
Sub-industry
Diversified Banks
SASB industry
Commercial Banks
Headquarters
Singapore
Share classes
OVCHY
Description
Oversea-Chinese Banking Corporation Limited, together with its subsidiaries, provides financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products, such as unit trusts, bancassurance products, and structured deposits; and brokerage services. This segment also offers investment advice and portfolio management, estate and trust planning, and wealth structuring services for high-net-worth individuals. Its Global Wholesale Banking segment provides long-term project financing, short-term credit, working capital, and trade financing; customized and structured equity-linked financing products; cash management and custodian services; capital market solutions; corporate finance and advisory banking services; and treasury products. This segment serves corporates, public sector, and small and medium enterprises. The company's Global Markets segment is involved in the foreign exchange activities, money market operations, and fixed income and derivatives trading, as well as offers structured treasury products and financial solutions. Its Insurance segment provides fund management services, and life and general insurance products. The company's Others segment is involved in property and investment holding activities. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore.
Material causes
Ethos considers the following causes material for Oversea-Chinese Banking, based on its industry sub-industry Diversified Banks. Learn more about material causes in our methodology overview.

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