OCBC is looking to Greater China and Southeast Asia for a $2.2 billion boost in revenue

has set its sights on "longer term opportunities" in Greater China and Southeast Asia and expects the strategy to bring an additional revenue of $2.2 billion by 2025, CEO Helen Wong told CNBC on Monday.across its core markets in Greater China — which includes Hong Kong and Macao — as well as Southeast Asia.

In a media release, Wong said "the effects of China's reopening post-pandemic, the rise of ASEAN for the China plus one strategy and other geopolitical factors" have amplified the potential business flows between the two regions. She also pointed out that OCBC and its subsidiaries service the top seven markets in ASEAN, and can rely on a presence in 17 cities in the Greater China region, including Hong Kong, Macao and Taiwan, as well as its partnership with the Bank of Ningbo.Asked about the bank's outlook for the next half of 2023, Wong said it will "probably will be quite stable."

However, she also acknowledged there may be uncertainty as interest rates could potentially remain at current levels or be "a little bit higher."

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