OCBC's children accounts up 50%

OCBC Bank has recorded close to 50 per cent growth in the number of children accounts opened at its branches in the last three years, boosted in part by some of its branches being open on Sundays.

The average number of children accounts opened on a Sunday is more than twice that on any weekday, the bank said.

The head of segment management (personal banking) Ng Li Lian said: "Working parents have been especially appreciative of our Sunday Banking service because they are able to bring their children to the bank to do banking transactions.