OCBC Bank
OCBC Bank is the next name that is listed among the largest companies in Singapore by market cap. It is the bank in Singapore with the longest history, having been created in 1932 following the merging of three local banks, the first of which was established in 1912. It is now the second biggest financial services company in Southeast Asia in terms of assets, and Moody's has given it an Aa1 rating, making it one of the most highly rated banks in the world. OCBC Bank is recognized for its financial strength and stability, and as a result, it is frequently listed among the World's Top 50 Safest Banks by Global Finance. Additionally, The Asian Banker has recognized OCBC Bank as the Best Managed Bank in Singapore.
OCBC Bank and its subsidiaries provide a comprehensive range of commercial banking, particularly financial, and wealth management services. These services include consumer, corporate, investment, private, and transaction banking, as well as treasury, insurance, asset management, and stockbroking services.
OCBC Bank prioritizes expanding its presence in Singapore, Malaysia, Indonesia, and the Greater China region. It has about 570 branches and representative offices spread throughout 19 different nations and regions. These include around 300 branches and offices in Indonesia that are operated by associated Bank OCBC NISP, as well as over 90 branches and offices in Mainland China, Hong Kong Special Administrative Region, and Macau Special Administrative Region that are operated by OCBC Wing Hang.
Founded: 1932
Headquarters: OCBC Centre, Singapore
Website: https://www.ocbc.com