OCBC
OCBC is the second largest financial services group in Southeast Asia by assets, with over 400 branches and offices across ASEAN and Greater China, offering a wide range of financial services to individual and corporate clients.
Company Overview of OCBC
OCBC, also known as Oversea-Chinese Banking Corporation, is the second largest financial services group in Southeast Asia by assets. The bank has a significant presence in 19 markets worldwide, including ASEAN and Greater China. With more than 400 branches and offices in these regions, OCBC plays a pivotal role in facilitating trade and capital flows, covering 90% of ASEAN trade. By the end of 2022, OCBC had a total asset value of S$560 billion.
OCBC Branches and Global Presence
OCBC operates over 400 branches and offices across ASEAN and Greater China, indicating its strong regional presence. Specifically, OCBC China employs around 1,500 staff, with operations extending to 16 branches and sub-branches across 14 cities. Additionally, OCBC Bank (Hong Kong) Limited offers a comprehensive range of commercial banking products and services and other financial services such as consumer financing, share brokerage, and insurance.
OCBC Products and Services
OCBC offers a full range of financial products and services to both individuals and corporate clients. For personal users, the bank provides wealth management products, deposit products, consumer loans, and securities trading. On the corporate side, OCBC serves large corporations, financial institutions, government agencies, and SMEs with comprehensive financial services. The bank is also active in foreign exchange activities, money market operations, fixed income and derivatives trading, as well as structured treasury products and solutions.
OCBC Subsidiaries: Bank of Singapore and Great Eastern Holdings
OCBC's private banking services are provided through its wholly-owned subsidiary, Bank of Singapore. Another significant subsidiary is Great Eastern Holdings, which is the oldest and most established life insurance group in Singapore and Malaysia. Together, these subsidiaries enhance OCBC's service offerings and contribute to its status as a major player in Southeast Asia's financial landscape.
OCBC's Commitment to Sustainability
OCBC is committed to sustainability through its framework focused on accelerating the transition to a net-zero future. The bank aims to bring a positive impact to communities and conduct business responsibly. Part of this commitment involves partnering with clients to aid their transition towards a net-zero ASEAN and Greater China, supporting a low-carbon future.