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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, [5] making ...
Bank of Singapore is the private banking arm and a wholly owned subsidiary of Oversea-Chinese Banking Corporation (OCBC), Southeast Asia’s second largest bank. Formerly known as ING Asia Private Bank , it was acquired by OCBC in 2009 from ING Group for US$ 1.46 billion. [2]
OCBC Centre is a 197.7 m (649 ft), 52-storey skyscraper in Singapore. Serving as the current headquarters of OCBC Bank , the building was completed in 1976 and was the second-tallest building in the country, and South East Asia , at that time. [4]
Rank Bank name Country Total assets (US$ billion) 1 DBS Bank Singapore 509.1 2 OCBC Bank Singapore 402.2 3 United Overseas Bank Singapore 340.7 4 Maybank Malaysia 213.2 5
Great Eastern Life Assurance Co. Ltd, often known as Great Eastern Life or simply Great Eastern, is a Singaporean multinational insurance company and subsidiary of OCBC Bank operating in the Southeast Asia region. Founded in 1908 by Alfred Hewton Fair, it is the largest and oldest life insurance company in Singapore and Malaysia .
Commercial banks. Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.
OCBC Aquatic Centre, which features two Olympic-size swimming pools for training and competition, and a diving facility. It has hosted FINA events, and is the headquarters of the Singapore Swimming Association. It has 3,000 permanent seats, but can also be expanded to 6,000 seats if needed. OCBC Arena, an indoor sports facility.
The Development Bank of Singapore Limited was established on 16 July 1968 by the Singapore government to take over the industrial financing responsibilities of the Economic Development Board (EDB) and began operations on 1 September 1968. [11] The bank's main function upon its establishment was to finance Singapore’s industrialisation and the ...