OCBC launches Malaysia's first multi-tier FX structured product

News

OCBC Bank in Kuala Lumpur has launched Malaysia's first multi-tier foreign exchange-linked structured product, the FX Ladder Structured Investment. This is a three-year product linked to the exchange rate between the US dollar and the Japanese yen, riding on the assumption that the greenback will further strengthen against the yen, explains Kuala Lumpur-based Gan Kok Kim, senior vice-president and head of treasury at OCBC bank.

The FX Ladder Structured Investment 'steps up' returns by 2% ever

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