Oversea-Chinese Banking Corporation Limited, abbreviated as OCBC Bank, is a publicly listed monetary services organisation with its head workplace in Singapore. The “Oversea-Chinese” usage leads numerous to think mistakenly that the bank’s name is misspelled, but this is the proper standard spelling. It is asserted that this is the proper spelling, “oversea” rather than “overseas”, which is the proper usage of the word in generic English, sounds uncomfortable and clumsy to native English speakers. The bank’s worldwide network has actually grown to consist of subsidiaries, branches, and representative offices in 18 areas and countries. 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 branches and offices
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 years, the bank broadened its operations and became the biggest bank in South East Asia.