OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with Aa1 by Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC Bank is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
OCBC Bank and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.
OCBC Bank’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 420 branches and representative offices in 19 countries and regions. These include over 190 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 60 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.
OCBC Bank’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.
OCBC Bank's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
OCBC Bank is the second-largest banking group in Singapore by total assets.
OCBC Singapore is among the top players in bancassurance sales, home loans, unit trust distribution, personal credit, small and medium-sized enterprises market and the Singapore dollar capital market.
For several decades, OCBC Bank has operated a wholly-owned banking subsidiary, OCBC Bank Malaysia – one of the largest foreign banks by assets, loans, deposits and branch network size in the country.
After being actively involved in offering Islamic banking products and services since 1995, OCBC Bank launched its wholly-owned Islamic banking subsidiary, OCBC Al-Amin Bank Berhad, on 1 December 2008. OCBC Al-Amin offers products and services which are developed based on the applicable Shariah contract and with the endorsement of the Shariah Advisory Committee to meet the requirements of both Muslims and non-Muslims alike. Features such as fixed financing rates and profit sharing have attracted a growing group of loyal customers who wish to draw from the Islamic principles of fairness, caring and accuracy.
In April 2004, we increased our presence in Indonesia by acquiring a 22.5% stake in the former Bank NISP. Today we own a 85% stake in the entity which has been renamed OCBC NISP.
OCBC NISP is among the top 10 private sector national banks in Indonesia by assets, with a distribution network of more than 250 branches and offices across Indonesia.
We acquired an 80% shareholding in stockbroking firm, PT TransAsia Securities, in November 2012, renaming the subsidiary to OCBC Sekuritas a month later. In December 2014, we increased our shareholding in OCBC Sekuritas to 95.1%.
A member of Indonesia Stock Exchange, OCBC Sekuritas is equipped with both a stockbroking license and an underwriter license, enabling it to provide securities trading services, as well as onshore debt and equity financing solutions in Indonesia. With its multiple trading channels ranging from dealer-assisted to mobile and internet trading platforms, customers are able to trade in listed securities in Indonesia Stock Exchange with ease and convenience.
Through OCBC NISP and OCBC Sekuritas, we offer a comprehensive suite of products and services to both individual and corporate clients in Indonesia – from consumer and SME banking, to securities services and debt and equity financing.
OCBC Wing Hang (formerly Wing Hang Bank) became a wholly-owned subsidiary of OCBC Bank in October 2014. Headquartered in Hong Kong SAR, OCBC Wing Hang together with its subsidiaries and affiliated companies, offers a comprehensive range of commercial banking, share brokerage and insurance products and services. It has a network of over 80 branches and offices in Mainland China, Hong Kong SAR and Macau SAR.
OCBC Wing Hang Bank (China) Limited was established on 18th July 2016 with the merger of OCBC Bank (China) Limited and Wing Hang Bank (China) Limited, as approved by China Banking Regulatory Commission. OCBC Wing Hang Bank (China) Limited is directly owned by OCBC Wing Hang Bank Limited, a wholly owned subsidiary of OCBC Bank based in Singapore.
Headquartered in Shanghai, OCBC Wing Hang China has more than 20 branches and sub-branches across 14 cities in China. With a registered capital of more than RMB5 billion, it has RMB retail banking licenses for branches and sub-branches in Shanghai, Chengdu and the Pearl-River Delta region. It offers a full suite of personal financial products and services including RMB and foreign currency savings accounts and fixed deposits, foreign exchange service, investment products such as structured products, QDII (Qualified Domestic Institutional Investor), medical and accident protection, local unit trust, Internet banking service, debit card, ATM service and personal loan products.
OCBC Wing Hang China leverages the OCBC group’s international business network to offer a comprehensive suite of business banking products and services including loans, deposits, trade finance, cash management, international settlements, investment, cross-broader RMB settlements, supply chain financing, and Internet banking services. It supports foreign and local corporate customers including financial institutions, offshore customers and OCBC Bank’s network customers. OCBC Wing Hang China also supports the needs of smaller businesses by offering innovative products including the pure credit financing product, SSME Unsecured Loan.
OCBC Bank established a strategic partnership with Bank of Ningbo in 2006. Bank of Ningbo is an associated company of OCBC and has a nationwide network comprising more than 380 branches, sub-branches and offices, covering the cities of Ningbo, Shanghai, Hangzhou, Nanjing, Shenzhen, Suzhou, Wenzhou, Beijing, Wuxi, Jinhua, Shaoxing, Taizhou, Jiaxing and Lishui.
We offer a full range of products and services to individuals, including wealth management products such as unit trusts, bancassurance products and structured deposits; deposit products; consumer loans such as home loans, car loans, personal loans and credit cards; and securities trading.
We offer a full range of products and services to individuals, including wealth management products such as unit trusts, bancassurance products and structured deposits; deposit products; consumer loans such as home loans, car loans, personal loans and credit cards; and securities trading.
We provide comprehensive financial services to large corporates, financial institutions, government agencies, and small and medium-sized enterprises (SMEs).
We provide comprehensive financial services to large corporates, financial institutions, government agencies, and small and medium-sized enterprises (SMEs).
We provide capital markets, corporate finance and mezzanine capital financing to customers in the Asia Pacific region, offering both conventional and Islamic structures. This division works closely with the other business banking units to develop and customise products and services for our corporate customers.
We provide capital markets, corporate finance and mezzanine capital financing to customers in the Asia Pacific region, offering both conventional and Islamic structures. This division works closely with the other business banking units to develop and customise products and services for our corporate customers.
We offer transaction-related services such as cash management, trade finance, and custody/nominee services to SMEs, large corporations, financial institutions and government entities in Singapore and Malaysia.
We offer transaction-related services such as cash management, trade finance, and custody/nominee services to SMEs, large corporations, financial institutions and government entities in Singapore and Malaysia.
We engage in foreign exchange activities, money market operations, fixed income and derivatives trading and also offer structured treasury products and financial solutions to meet our customers’ investment and hedging needs.
We engage in foreign exchange activities, money market operations, fixed income and derivatives trading and also offer structured treasury products and financial solutions to meet our customers’ investment and hedging needs.
OCBC Bank offers private banking services under the Bank of Singapore brand name.
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. It has a strong Aa1 credit rating from Moody’s and offers a unique value proposition as a safe Singapore-registered private bank.
Lion Global Investors a wholly-owned subsidiary of OCBC Bank, is 70% owned by Great Eastern Holdings Limited and 30% owned by Orient Holdings Private Limited.
It is one of the largest asset management companies in Southeast Asia, offering a comprehensive suite of investment products covering all asset classes.
OCBC Securities offers a full range of brokerage services for global listed securities, futures and leveraged foreign exchange. An early adopter of electronic platforms, the company offers superior solutions in direct market access and electronic desk execution.
OCBC Securities is also a participant of the Stock Exchange of Hong Kong.
OCBC Bank operates its insurance business under its 88%-owned subsidiary, Great Eastern Holdings.
Great Eastern is the largest insurance group in Singapore and Malaysia in terms of assets and market share. Its agency force in Singapore and Malaysia is about 25,000-strong.
Great Eastern’s relationship as a subsidiary of OCBC Bank makes the bancassurance partnership unique in the industry as it allows for closer collaboration and more coordinated initiatives in sales management and product development.
OCBC Bank was born out of the Great Depression through the consolidation of three banks in 1932. During this challenging period of economic crisis, our founders understood the problems that people faced, and took the initiative to provide customers with financial solutions for their personal and business needs, and to support the community.
