Oversea-Chinese Banking Corporation Limited, abbreviated as OCBC Bank, is a publicly noted financial services organisation with its head office in Singapore. Although openly listed, OCBC Bank’s biggest investor is the Lee Group of Companies. OCBC wased established by Lee Kong Chian in 1932, and his boy Lee Seng Wee also worked as chairman. OCBC Bank has possessions of more than 224 billion SGD. Based upon Bloomberg, in 2011 OCBC is the number one of the world’s greatest $100 billion properties banks.
OCBC’s Indonesia subsidiary, Bank OCBC NISP, has 630 workplaces and branches.
In 1932, three 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 biggest bank in South East Asia.