OCBC Bank’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has over 590 branches and representative offices in 18 countries and regions. These include the more than 320 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and more than 100 branches and offices in Hong Kong, China and Macao under OCBC Wing Hang.
OCBC Singapore is among the top players in bancassurance sales, home loans, unit trust distribution, personal credit, small and medium-sized enterprises market and the Singapore dollar capital market.
We offer a full range of products and services to individuals, including wealth management products such as unit trusts, bancassurance products and structured deposits; deposit products; consumer loans such as home loans, car loans, personal loans and credit cards; and securities trading.
In Singapore, we are among the top 3 banks in consumer banking, with a leading presence in wealth management and home loans. We have the largest Sunday banking network in Singapore.
We provide comprehensive financial services to large corporates, financial institutions, government agencies, and small and medium-sized enterprises (SMEs)
In addition to our key markets in Singapore and Malaysia, we help our customers meet their international trade and investment needs in Greater China, South East Asia, East Asia, Europe, the United States of America and the Middle East.
Our products and services range from traditional credit facilities and cash management services to more sophisticated capital raising arrangements in the public debt market.
We provide capital markets, corporate finance and mezzanine capital financing to customers in the Asia Pacific region, offering both conventional and Islamic structures. This division works closely with the other business banking units to develop and customise products and services for our corporate customers.
We offer transaction-related services such as cash management, and trade finance to SMEs, large corporations, financial institutions and government entities in Singapore and Malaysia.
We engage in foreign exchange activities, money market operations, fixed income and derivatives trading and also offer structured treasury products and financial solutions to meet our customers’ investment and hedging needs.
For premier and retail customers, we offer investment and wealth management solutions including structured deposits, foreign exchange-linked, equity-linked, commodity-linked and credit-linked structured deposits or notes.
For our corporate customers, we provide hedging expertise and market knowledge to help them manage risks in foreign exchange, interest rates, equities, credit and commodities and other structured solutions.
For several decades, OCBC Bank has operated a wholly-owned banking subsidiary, OCBC Bank Malaysia – one of the largest foreign banks by assets, loans, deposits and branch network size in the country.
OCBC Bank Malaysia’s subsidiary, OCBC Al-Amin, offers a full range of Islamic banking products and services that are developed based on the applicable Shariah contract, and with the endorsement of the Shariah Advisory Committee, to meet the needs of Muslims and non-Muslims alike.
In April 2004, we increased our presence in Indonesia by acquiring a 22.5% stake in the former Bank NISP. Today we own a 85% stake in the entity which has been renamed OCBC NISP.
OCBC NISP is among the top 10 private sector national banks in Indonesia by assets, with a distribution network of more than 330 branches and offices across Indonesia.
We acquired an 80% shareholding in stockbroking firm, PT TransAsia Securities, in November 2012, renaming the subsidiary to OCBC Sekuritas a month later. In December 2014, we increased our shareholding in OCBC Sekuritas to 95.1%. Apart from its head office in Jakarta, OCBC Sekuritas has another branch in Surabaya.
Through OCBC NISP and OCBC Sekuritas, we offer a comprehensive suite of products and services to both individual and corporate clients in Indonesia – from consumer and SME banking, to securities services and debt and equity financing.
OCBC Wing Hang (formerly Wing Hang Bank) became a wholly-owned subsidiary of OCBC Bank in October 2014. Headquartered in Hong Kong, OCBC Wing Hang together with its subsidiaries and affiliated companies, offers a comprehensive range of commercial banking share brokerage and insurance products and services. It has a network of over 100 branches and offices in Hong Kong, Macau and China.
With a registered capital of RMB5 billion, OCBC Wing Hang China has more than 25 branches and sub-branches across 14 cities in China. It has RMB retail banking licenses for branches and sub-branches in Shanghai, Chengdu and the Pearl-River Delta region. It offers a full suite of personal financial products and services including RMB and foreign currency savings accounts and fixed deposits, foreign exchange service, investment products such as structured products, QDII (Qualified Domestic Institutional Investor), medical and accident protection, local unit trust, Internet banking service, debit card, ATM service and personal loan products. OCBC Wing Hang China is a wholly-owned subsidiary of OCBC Wing Hang in Hong Kong.
OCBC Wing Hang China leverages the OCBC group’s international business network to offer a comprehensive suite of business banking products and services including loans, deposits, trade finance, cash management, international settlements, investment, cross-broader RMB settlements, supply chain financing, and Internet banking services. It supports foreign and local corporate customers ranging including financial institutions, offshore customers and OCBC Bank’s network customers. OCBC Wing Hang China also supports the needs of smaller businesses by offering innovative products including the pure credit financing product, SSME Unsecured Loan.
OCBC Bank marked its 10th anniversary of its strategic partnership with Bank of Ningbo in 2016. Bank of Ningbo is an associated company of OCBC and has a nationwide network comprising more than 310 branches, sub-branches and offices covering the cities of Ningbo, Shanghai, Hangzhou, Nanjing, Shenzhen, Suzhou, Wenzhou, Beijing, Wuxi, Jinhua, Shaoxing, Taizhou and Jiaxing.