Group Business

Private Banking

OCBC Bank offers private banking services under the Bank of Singapore brand name, serving high-net-worth individuals and wealthy families.   

Bank of Singapore was launched in January 2010 following OCBC Bank’s purchase of ING Asia Private Bank, which was subsequently combined with OCBC Private Bank. As a dedicated private bank headquartered in Singapore, it is solely focused on the private banking business.  Independently managed, it is nimble and quick to respond to market opportunities and changes.  

Bank of Singapore offers a comprehensive suite of products and services on an open-architecture platform, supported by strong proprietary research and independent advice. It also leverages on OCBC’s international network and expertise in mortgage financing, retail, commercial and investment banking, stockbroking, insurance and investment management.

In April 2016, Bank of Singapore entered into an agreement to acquire the Wealth and Investment Management business of Barclays Bank PLC in Singapore and Hong Kong (“Barclays WIM Singapore and Hong Kong”).  The transaction is subject to approval of the Singapore High Court for the transfer of the Singapore business. The transaction is expected to be completed towards the end of 2016.