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Local Banks vs Foreign Banks

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Old 18-06-2016, 08:37 PM
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Default Local Banks vs Foreign Banks

I am in a dilemna over to settle down my career at a local or foreign bank.

I like working in foreign bank because of the following.
1) more open culture than local bank which tend to be rigid, micromanagement

2) shorter working hours 9 to 6 compared to local bank 9 to 630, extra half an hour everyday can accumulate to many days in a year

THe only reason i can think of working in local bank is job stability compared to foreign banks which tend to be insecure.

ANy advice on this?

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Old 18-06-2016, 09:18 PM
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Originally Posted by dreamzknight View Post
I am in a dilemna over to settle down my career at a local or foreign bank.

I like working in foreign bank because of the following.
1) more open culture than local bank which tend to be rigid, micromanagement

2) shorter working hours 9 to 6 compared to local bank 9 to 630, extra half an hour everyday can accumulate to many days in a year

THe only reason i can think of working in local bank is job stability compared to foreign banks which tend to be insecure.

ANy advice on this?
How old are you and you already got offers? Need to see what you value in life.

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Old 18-06-2016, 09:41 PM
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How old are you and you already got offers? Need to see what you value in life.
32 this year. No offers, currently working in foreign banks. Jus thinking should i stay in foreign bank or move to local bank

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Old 18-06-2016, 10:30 PM
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32 this year. No offers, currently working in foreign banks. Jus thinking should i stay in foreign bank or move to local bank
Which one has higher salary? My allegiance would be with the one who can pay more. The working hours are similar anyway. 30 min a day is not much difference.
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Old 19-06-2016, 07:36 AM
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32 this year. No offers, currently working in foreign banks. Jus thinking should i stay in foreign bank or move to local bank
Noted. If you have been in foreign banks all along, no harm joining a local bank if you want more stability. But the hours are more or less the same. I am from banking as well and has worked in Asian and Foreign Banks as well. Hours are pretty much the same.
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Old 21-06-2016, 09:32 AM
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32 this year. No offers, currently working in foreign banks. Jus thinking should i stay in foreign bank or move to local bank
The culture differs from department to department. doesn't mean that foreign banks mean longer or shorter hours.

One thing for sure is that local banks have better bonuses and staff benefits. Foreign banks typically have higher base salaries.
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Old 21-06-2016, 04:49 PM
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2) shorter working hours 9 to 6 compared to local bank 9 to 630, extra half an hour everyday can accumulate to many days in a year
There is no much generalization here.

Are you saying that for the working hours of the same role in a local and in a foreign bank, that in the foreign bank is always 30 minutes longer?
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Old 23-06-2016, 10:32 PM
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What's the salary increment in OCBC like for fresh grads? and bonus?


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