OCBC is a major bank in Singapore operating since 1999. It faces competition from other local banks like DBS and UOB as well as foreign banks. While the banking industry is highly regulated, OCBC has strengths in identifying new market trends and solutions before competitors. However, its products and services lack differentiation. OCBC could develop capabilities that are rare and difficult to imitate to gain sustainable advantages. It also needs strategies to gain market share against increasing competition from both financial and non-financial sectors.