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The division currently has close to 100 staff in Singapore.
OCBC Bank's Head of Global Transaction Banking, Melvyn Low, has shared with The Straits Times the bank's intention to grow the division's workforce in Singapore by 50% by the end of 2022.
OCBC Bank’s Global Transaction Banking division spans Singapore, Malaysia, Indonesia, Hong Kong and China, with Singapore as its hub. Currently, Global Transaction Banking has close to 100 Singapore staff, as shared by Low in an interview with The Straits Times.
This announcement bears well with the recovery of the economy, where the National Trades Union Congress (NTUC) urged employers to bring forward their hiring plans, upon re-evaluating their business situations.
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