Oversea-Chinese Banking Corporation
The Oversea-Chinese Banking Corporation Limited (SGX: O39, OTC Pink: OVCHY) (Simplified Chinese: 华侨银行有限公司), abbreviated as OCBC Bank (华侨银行), is a publicly listed financial services organisation with its head office in Singapore. OCBC Bank has assets of more than 224 billion SGD. As of November 2010, the bank is the largest local bank in Singapore by market capitalisation. However, it is the smallest local bank in Singapore by global presence. Based on Bloomberg, in 2011 OCBC is the number one of World's 10 strongest $100 billion assets banks.
The bank's global network has grown to comprise more than 530 branches with representative offices in 15 countries and territories, including Singapore, Malaysia, Indonesia and a few small branches in China, Hong Kong SAR, Japan, Australia, UK and USA. The branches include the 411 branches and offices in Indonesia operated by its subsidiary, Bank OCBC NISP.
Read more about Oversea-Chinese Banking Corporation: History, Recognition
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