Oversea-Chinese Banking Corporation, Limited (SGX: O39) (Simplified Chinese: 华侨银行有限公司), abbreviated as OCBC Bank (华侨银行), is a multinational banking and financial services corporation headquartered in OCBC Centre, Singapore. OCBC Bank was born out of the Great Depression through the consolidation of three banks in 1932 – the Chinese Commercial Bank Limited (incorporated in 1912), the Ho Hong Bank Limited (incorporated in 1917) and the Oversea-Chinese Bank Limited (incorporated in 1919).
OCBC Bank has assets of more than S$491.6 billion, making it the second largest bank in Southeast Asia by assets and among the larger banks in Asia-Pacific. It is also one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- rating from Standard & Poor’s.
OCBC Bank is consistently ranked amongst the top 5 Safest Banks in the world by Global Finance Magazine. The Asian Banker named OCBC Bank Singapore’s strongest bank for 2018-2019, and the 5th strongest in Asia-Pacific. The bank’s global network has grown to comprise more than 570 branches and representative offices in 18 countries and regions. These include over 320 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and more than 100 branches and offices in Hong Kong, China and Macao under OCBC Wing Hang Bank. OCBC Bank was awarded World’s Best Bank (Asia-Pacific) in 2019 by Global Finance Magazine.
Traded as: SGX: O39; Straits Times Index component
Industry: Banking
Founded: 31 October 1932; 87 years ago
Headquarters: OCBC Centre, Singapore
Products: Financial services
Services:
- Corporate banking
- Investment banking
- Private banking
- Retail banking
- Treasury management
- Wealth management
- Investment management
- Asset management
Subsidiaries:
- Bank OCBC NISP
- OCBC Wing Hang Bank
- Bank of Singapore
- OCBC Al-Amin
- Great Eastern Life
- Lion Global Investors
- OCBC Securities
- OCBC Sekuritas
Website: www.ocbc.com