Latest news with #AlphaSoutheastAsia
The Star
04-07-2025
- Business
- The Star
OCBC named Best Bank for SMEs in Malaysia by Alpha Southeast Asia and FinanceAsia
KUALA LUMPUR: OCBC Malaysia has been recognised as the Best SME Bank by Alpha Southeast Asia and as the Best Commercial Bank for SMEs by FinanceAsia for the second year running. In a statement, OCBC Malaysia managing director & head of emerging business Chan Kok Leong said the bank maintains a strong focus on digital innovation and optimal convenience for its SME customers. 'We are pleased to be recognised by two leading global publications for our efforts to help SMEs grow. These awards also reflect our customers' confidence in our innovative business banking solutions and our commitment to supporting them both in their domestic and international endeavours. With our customer-centricity approach, we look forward to providing even more cutting-edge solutions to help our SME customers flourish,' he said. The accolades recognise the bank for its innovative offerings and digital enhancements specifically designed for SMEs to help them run their businesses more efficiently. 'The awards will spur us to continue enabling our SME customers to realise their aspirations through digital offerings and access to financing,' Chan said. Among the initiatives that earned the bank its accolades were its support for over 100 China-based F&B enterprises in Malaysia last year, and its tailored banking solutions that combined cash management with FX services to help SMEs streamline operations and drive growth. The Bank's OCBC OneCollect platform saw a sharp rise in applications as businesses turned to secure, convenient cross-border payment solutions. A key feature allows customers to pay in SGD via Singapore banking apps, while merchants receive funds in MYR. OCBC Malaysia comprises OCBC Bank (Malaysia) Berhad and OCBC Al-Amin Bank Berhad.
New Straits Times
04-07-2025
- Business
- New Straits Times
OCBC Malaysia recognised as best bank for SMEs
KUALA LUMPUR: OCBC Malaysia has received top honours as the best SME bank by Alpha Southeast Asia and best commercial bank for small and medium enterprises (SMEs) by Finance Asia. Marking the second consecutive year it has been recognised by the latter, the accolades recognise the bank for its innovative offerings and digital enhancements specifically designed for SMEs to help them run their businesses more efficiently. OCBC Malaysia managing director and head of emerging business Chan Kok Leong said the bank maintains a strong focus on digital innovation and optimal convenience for its SME customers. "With our customer-centricity approach, we look forward to providing even more cutting-edge solutions to help our SME customers flourish," he said. The bank pioneered a robust digital onboarding process, enabling its customers to experience a faster turnaround time and operate seamlessly in a digital environment. With a focus on delivering convenience to SMEs, it designed a straight-through processing system to achieve a high level of convenience that resulted in a remarkable 90 per cent increase in digital account openings. Among the noteworthy initiatives of the bank in gaining the awards were its support of over 100 China-based enterprises operating in Malaysia's Food and Beverage sector last year. OCBC Malaysia comprises OCBC Bank (Malaysia) Bhd and OCBC Al-Amin Bank Bhd.
