In order to reach its"25 by 25" goal, the bank will focus on industry diversification and geographical diversification to find growth opportunities.
According to OCBC, businesses from economies around the region - including Myanmar, Malaysia, Taiwan, Hong Kong, South Korea, Japan and Australia - are increasingly looking to tap Singapore's expertise, given its growing reputation as a sustainable finance hub. In the wake of the Covid-19 pandemic, collective action taken by the public and private sectors can help to rebuild economies in a more sustainable fashion, he added.