Oversea-Chinese Banking Corporation Limited, abbreviated as OCBC Bank, is an openly noted financial services organisation with its head workplace in Singapore. Publicly listed, OCBC Bank’s biggest investor is the Lee Group of Companies. OCBC was founded by Lee Kong Chian in 1932, and his kid Lee Seng Wee also worked as chairman. OCBC Bank has properties of more than 224 billion SGD. Based on Bloomberg, in 2011 OCBC is the top of the world’s strongest $100 billion assets banks.
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), combined to form Oversea-Chinese Banking Corporation under the leadership of Tan Ean Kiam and Lee Kong Chian. In the subsequent decades, the bank broadened its operations and became the biggest bank in South East Asia.