Since its incorporation in 1994, OCBC Bank (Malaysia) Berhad (“OCBC Malaysia”) has grown to become one of Malaysia’s largest foreign banks by most counts.
Its Islamic banking subsidiary, OCBC Al-Amin Bank Berhad (“OCBC Al-Amin”), was the first Singapore-based Islamic Bank established in Malaysia in 2008.
As part of the liberalisation efforts of the Malaysia Government, locally incorporated foreign banks in Malaysia including OCBC Malaysia were granted licenses to open new branches from 2006. This allowed OCBC Malaysia to grow its total network size to 46 branches, comprising 33 conventional branches and 13 Islamic Banking branches as at 1 December 2018