OCBC secures $50 million, 15-year naming rights deal as main sponsorship partner of Singapore Sports Hub
Publication Date:
Nov 11, 2013
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Singapore's local bank OCBC has been announced as the largest sponsorship partner of the Singapore Sports Hub, a deal that will see it secure naming rights to various facilities - bar the National Stadium and the Singapore Indoor Stadium - within the 35ha hub.
The deal, inked on Monday morning, is in excess of $50 million. The 15-year contract will see OCBC own naming rights to the multi-purpose indoor arena, aquatic centre, the National Stadium Club Lounge at the north and south wings of the National Stadium, and the VIP lounge in the Singapore Indoor Stadium. An in-principle agreement for a "significant partnership" has also been reached with OCBC Bank's insurance subsidiary, Great Eastern Holdings.
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