OCBC Bank

WikiFX | 2022-06-24 18:31

Abstract：Founded in 1932, OCBC Bank is a long-established Singapore bank, formed form the merger of three local banks with the oldest one founded in 1912. OCBC Bank is now the second-largest financial services group in Southeast Asia by assets and one of the world‘s most highly-rated banks and it is consistently ranked among the world’s top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore and the Asia Pacific by the African Banker. OCBC Bank mainly targets the Singapore, Malaysia, Indonesia and Greater China markets, with more than 600 branches and representative offices in 18 countries and regions.

General Information

Founded in 1932, OCBC Bank is a long-established Singapore bank, formed form the merger of three local banks with the oldest one founded in 1912. OCBC Bank is now the second-largest financial services group in Southeast Asia by assets and one of the world‘s most highly-rated banks and it is consistently ranked among the world’s top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore and the Asia Pacific by the African Banker. OCBC Bank mainly targets the Singapore, Malaysia, Indonesia and Greater China markets, with more than 600 branches and representative offices in 18 countries and regions.

Business

OCBC Bank and its subsidiaries offers an extensive range of specialist financial and wealth management services, ranging from customer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

Consumer Banking

OCBC Banks consumer financial services division offers an array of consumer products and services to its clients, ranging from inancial transactions and deposits, home loans, credit cards, personal overdraft, commercial property loans and premier banking to investment opportunities and insurance.

Business Banking

OCBC Banks Business Banking mainly serves small and medium-sized enterprises (SMEs), large corporate, real estate companies, government bodies and institutional customers.

Investment Banking

OCBC Banks investment bank works with the Business Banking to develop and customize products and services.

Islamic Banking

OCBC Bank started to offer Islamic banking products and services since 1995. OCBC Bank launched its wholly-owned Islamic Banking subsidiary, OCBC AI-Amin Bank Berhad on 1 December 2008, offering products and services developed based on applicable Shariah Contract.

Transaction Banking

OCBC Banks Transaction Banking division offers transaction-related services such as cash management and trade finance to SMEs, large corporation, financial institutions and government entities.

Treasury

OCBC Banks treasury division works in partnership with Business Banking and Consumer Financial Services divisions to structure products and financial solutions and it also offers trading in foreign exchange, fixed income securities, derivatives and money markets.

Contact Info

The physical address: 65 Chulia Street #29-08 OCBC Centre, Singapore 049513, FAX:+6565304438. Different clients can choose different contact form to get in touch with this Bank.

You can also follow this Bank on some social media platforms including Facebook, Twitter, Youtube and Linkedin.

Clearing

WTI hovers around $77.00 with a positive momentum, focus shifts to US PCE, Oil Rig Count

West Texas Intermediate (WTI) oil price pauses its two-day winning streak but is anticipated to conclude the week on a positive note, trading near $77.00 per barrel during the Asian session on Friday.

Original 2024-01-26 11:03

FCA Warns an Unauthorized Broker Named 'Sapphire Markets'

On December 7, the UK's Financial Conduct Authority (FCA) regulator warned against an unauthorized broker called Sapphire Markets, reminding the public to be aware of financial safety.

Original 2024-01-18 13:48