Personal Loans Bras Basah

Oversea-Chinese Banking Corporation Limited, abbreviated as OCBC Bank, is a publicly listed monetary services organisation with its head office in Singapore. The “Oversea-Chinese” usage leads numerous to believe wrongly that the bank’s name is misspelled, however this is the right conventional spelling. It is asserted that this is the right spelling, “oversea” rather than “abroad”, which is the proper usage of the word in generic English, sounds clumsy and uneasy to native English speakers. The bank’s global network has grown to consist of subsidiaries, branches, and representative offices in 18 areas and nations. It has retail banking subsidiaries in Malaysia, Indonesia, Hong Kong, and China, and branches in China, Hong Kong, Japan, Australia, the UK and US. OCBC’s Indonesia subsidiary, Bank OCBC NISP, has 630 branches and offices.

OCBC’s Indonesia subsidiary, Bank OCBC NISP, has 630 offices and branches.

In 1932, 3 banks– Chinese Commercial Bank (1912), Ho Hong Bank (1917), and Oversea-Chinese Bank (1919), merged to form Oversea-Chinese Banking Corporation under the management of Tan Ean Kiam and Lee Kong Chian. In the subsequent decades, the bank expanded its operations and became the largest bank in South East Asia.