OCBC Malaysia has bagged the coveted Euromoney Best Bank for Corporates in Malaysia in recognition of its ongoing commitment to providing innovative banking products and solutions during a year characterised by significant geopolitical and market headwinds.

OCBC Malaysia comprises OCBC Bank (Malaysia) Berhad and OCBC Al-Amin Bank Berhad.

According to OCBC Malaysia Managing Director & Head of Wholesale Banking Mr Jeffrey Teoh, the award is a testament to the Bank’s pioneering efforts in bringing robust digital innovation and holistic corporate and investment banking solutions to its corporate clients.

“We are humbled by the award, which is the epitome of how the various divisions of the Bank work together for a common purpose, in line with our One Group approach. OCBC Malaysia will continue to be an enabler of growth, efficiency and resilience to our customers as they seek to realise their aspirations while navigating the complexities of modern commerce,” he said.

With digitalisation high on its radar, in 2023, close to 60% of the Bank’s business banking internet customers had become heavy users of transaction banking, with 95% of total transactions conducted through digital channels.

“We have focussed much of our energy on providing tailor-made structures that support the growth and prosperity of our clients in a sustainable manner, which contributed to our becoming Malaysia’s first financial institution to formulate a dedicated plan for helping businesses decarbonise by addressing issues related to their greenhouse gas emissions,” Mr Teoh said.

He added that innovative and holistic corporate and investment banking solutions have cemented OCBC Malaysia's position as an investment banker of choice, and a leader in the loan syndication market.

“In term of global markets offerings, OCBC Malaysia currently stands at the forefront of structured product offerings with innovative approaches to product variation, with more than ten new products across various asset classes last year,” Mr Teoh added.