On 1932 OCBC
Bank established Singapore bank, 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 an Aa1 rating from
Moody’s. Recognised for its financial strength and stability, OCBC Bank has
been ranked Asean’s strongest bank and among the world’s five strongest banks
by Bloomberg Markets for five consecutive years since the ranking’s inception
in 2011.
OCBC Bank’s key markets are Singapore, Malaysia,
Indonesia and Greater China. It has over 620 branches and representative
offices in 18 countries and regions. 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 Bank and its subsidiaries offer a broad array of 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 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.
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