The rebranded brand of OCBC.
OCBC
SINGAPORE — Southeast Asia’s fourth largest financial institution OCBC suffered a brief outage on Monday that affected its digital and card banking channels.
At 9.43 a.m. Singapore time, the financial institution mentioned in a Fb publish that it was dealing with “technical issues impacting our banking channels.”
About an hour later at 10.37 a.m., OCBC introduced that card and department providers have been restored, adopted by ATM providers.
Shares of the Singapore-headquartered lender gained 1.05% in afternoon commerce.
In an announcement to CNBC, OCBC sought to guarantee prospects there was no safety breach.
“We need to guarantee them that their monies remained protected and buyer knowledge was secured all through. We’re investigating the reason for the technical drawback and can present an replace as quickly as we will,” an OCBC spokesperson mentioned.
