Singapore Wealth Assets From China Clients Tripled: OCBC

The video discusses the bank's achievements in exceeding its green commitment and outlines future sustainability goals, including setting new targets and supporting SMEs. It addresses the challenge of ensuring funds are used for genuine green projects and preventing greenwashing. The discussion shifts to cryptocurrencies, highlighting their potential and risks, and the bank's cautious approach to crypto assets. Finally, the video explores opportunities in the Greater Bay Area, focusing on wealth management and expanding client relations in China.

What is the primary focus of the company's sustainability finance framework for SMEs?

• To support large corporations

• To ensure funds are used for green projects

• To provide loans for luxury projects

• To increase the company's profit margins

When did the company begin its commitment to not fund new coal power plants?

• 2015

• 2017

• 2019

• 2021

How does the company view cryptocurrencies?

• As a replacement for traditional currency

• As crypto assets with value

• As a legal tender

• As a stable investment

What is a major concern for the company regarding cryptocurrencies?

• Their popularity

• Their volatility and safety

• Their environmental impact

• Their ease of use

What technology is linked to cryptocurrencies and has potential beyond investments?

• Blockchain

• Quantum Computing

• Virtual Reality

• Artificial Intelligence

What is the company's strategy in the Greater Bay Area?

• To focus solely on local clients

• To exit the market

• To strengthen wealth management

• To reduce operations

How has the company's assets under management from Chinese customers changed recently?

• They have decreased

• They have remained stable

• They have doubled

• They have tripled