OCBC has launched the OCBC SeniorCare programme, committing over SGD 2 million ($1.48 million) to benefit more than 180,000 seniors aged 60 and above over three years.

Covering four essential pillars – health, wealth, literacy and lifestyle –the programme seeks to empower seniors to age well. The timing of this launch is particularly significant as Singapore is on track to become a "super aged" society by 2026. This means that the proportion of the population aged 65 and older is anticipated to reach 21%. This figure is expected to rise to one in four by 2030.

As Singapore’s oldest bank and a banker to the wider community, OCBC SeniorCare’s initiatives are developed for senior OCBC customers, vulnerable seniors and senior members of the public.

OCBC SeniorCare was launched by Ong Ye Kung, minister for health, on 29 March 2025 at Bukit Canberra, an integrated sports and community hub in Sembawang. Almost 1,000 seniors were in attendance to celebrate the launch. Together with OCBC volunteers, they participated in a senior-friendly mass workout, played carnival games that improve cognitive thinking and motor skills, and learnt more about digital banking and scams at interactive booths.

Helen Wong, group CEO of OCBC said, “The global population is aging. The number of people aged 60 and older worldwide is projected to increase from 1.1 billion in 2023 to 1.4 billion by 2030. This trend is particularly evident in developing regions. By next year, Singapore will likely become ‘super aged’. OCBC is hence committing more than SGD 2 million ($1.48 million) to the OCBC SeniorCare programme over three years. In total, over 180,000 seniors will benefit from our programme. We hope it will bring big impact. We made sure that the initiatives under the four pillars of the programme are very practical – based on data and first-hand knowledge and experiences from our front-line staff. Throughout OCBC’s history, we have sought to enable people and communities to realise their aspirations. This purpose is the driving force of the programme. But we cannot do it alone. Our strength lies also in our ability to bring diverse partners together. I would like to extend my sincere appreciation to all of them for making this programme possible.”

Re-disseminated by The Asian Banker