Oversea-Chinese Banking Corporation (OCBC) is the second largest financial services group in Southeast Asia. The bank has built a significant presence in several key markets such as Singapore, Malaysia, Indonesia, and in Greater China. As of 10 June 2019, it is worth S$45.8 billion in market capitalisation.

In this article, I’ll bring an update on its latest financial results and its valuation. Here are 11 things to know about OCBC before you invest.

1. Loans and bills receivable has increased by a compound annual growth rate (CAGR) of 13.62% over the last 10 years, from S$80.9 billion in 2009 to S$255.2 billion in 2018.

This is due to growth in OCBC’s key segments such as housing loans, building & construction, and general commerce.