OCBC to lift annual tech spending above $771mn as new CEO doubles down on AI

The Next Web
By Alina Maria StanJul 1, 2026, 4:38 am115 ptsTrending
CBC plans to raise its annual technology spending to more than $771mn, according to Bloomberg, as Singapore’s second-largest lender leans harder into AI and digital banking. The increase marks one of the first strategic signals from Tan Teck Long, who took over as group chief executive on 1 January 2026. Tan…

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