OCBC Leverages Citi Platform for Securities Lending
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OCBC has launched a securities lending program using Citi's Securities Lending Access (CSLA) platform, initially available to OCBC Securities customers for US and Hong Kong shares. The program will expand to Bank of Singapore clients later this year, including Singapore, Hong Kong, US, and Japan shares. Investors can earn fees while retaining dividends and flexibility to sell. The CSLA platform, launched in 2021, streamlines the securities lending process and connects institutional borrowers. OCBC aims to enhance market efficiency and trading volumes through this collaboration with Citi.
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