Search results
Results from the WOW.Com Content Network
OCBC was created in 1932 during the Great Depression with the consolidation of three predecessor banks, the Chinese Commercial Bank Limited (incorporated in 1912), the Ho Hong Bank Limited (incorporated in 1917), and the Oversea-Chinese Bank Limited (incorporated in 1919). OCBC has total assets of S$ 560 billion at the end of 2022, [8] making ...
OCBC Bank (Hong Kong) Limited, formerly Wing Hang Bank Limited and OCBC Wing Hang Bank Limited, is a licensed bank with its head office in Hong Kong. Since 15 October 2014, Wing Hang Bank has been a wholly-owned subsidiary of the Oversea-Chinese Banking Corporation (OCBC) headquartered in Singapore. [4] The acquisition of Wing Hang has given ...
After completed the acquisition, Bank of Singapore was launched on 29 January 2010 from the combination of ING Asia Private Bank and OCBC Private Bank. Its current headquarters, the Bank of Singapore Centre at Market Street which is located in the heart of Raffles Place, was officially opened on 22 June 2011.
Wong noted that OCBC's capital buffer got a further lift this year from a 7% rise in first-half net profit to a record S$2.84 billion ($1.98 billion), adding to last year's robust recovery from ...
PT Bank OCBC NISP Tbk (formerly Bank NISP ), trading as OCBC Indonesia, is an Indonesian publicly listed banking and financial services company headquartered in South Jakarta, Indonesia. The bank is owned by Singaporean banking and financial group, OCBC Bank, which holds 85.1% of shares. OCBC is an Indonesia's 8th largest bank by assets and has ...
In 2003, Lee stepped down as chairman and moved to a non-executive position, but continued to guide the strategic direction of the bank. Major investments and acquisitions during his long tenure include OCBC-NISP in Indonesia, OCBC China Bank, OCBC-Wing Hang in Hong Kong; the private banking business of ING Asia Bank, majority control of Great ...
Acquisitions. In May 1982, Kwong Lee Bank Berhad was acquired by the MUI Group, a corporate group controlled by Malaysian business tycoon Tan Sri Dato Khoo Kay Peng. Exiting shareholders include OCBC Bank (which acquired a stake in the bank in 1964) and members of the Lam family (relatives and descendants of the founder Lam Ji Chiew).
Keppel TatLee Bank ( Chinese: 吉宝达利银行; pinyin: Jíbǎo Dálì Yínháng) was a Singapore -based financial services organisation formed through a merger of Keppel Bank and Tat Lee Bank on 26 December 1998. [3] [4] It was acquired by Oversea-Chinese Banking Corporation (OCBC) in August 2001 and was integrated into OCBC Bank in 2002.