OCBC expands wealth management, corporate banking in Macau to tap Greater Bay Area clients

Quick Summary:

OCBC sees wealth management as it key growth engine in Macau and would like to serve corporate clients expanding in the gaming hub, Kelvin Lou, the bank’s local head says.

The plan does not entail increasing the number of branches in Macau, but the branches will be upgraded to cater to more wealth management customers, Lou said.

After getting a bachelor’s degree in commerce from the University of Alberta, Canada, he returned to Macau and joined KPMG, where he worked for 11 years before switching to Wing Hang Bank in 2007.

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Article Details

Author / Journalist: Enoch Yiu

Category: Business

Markets: Hong KongCanadaChinaMacauSingapore

Topics: Hong Ocbc Area Bank Financial Corporate Macau Greater Management Kong Business

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-15 @ 06:00:24 (1 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 685 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21615841

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