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Build. Transfer. Thrive.
Singapore's longest established local bank, OCBC Bank, currently has assets
of S$170 billion and a network of over 460 branches and representative offices
in 15 countries and territories including Singapore, Malaysia, Indonesia,
Thailand, Vietnam, China, Hong Kong SAR, Taiwan, Brunei, Myanmar, Japan,
Korea, Australia, UK and USA. This network includes more than 350 branches
and offices in Indonesia operated by OCBC Bank's subsidiary, PT Bank NISP.
OCBC Bank and its banking subsidiaries offer a wide range of specialist
financial services, from consumer, corporate, investment, private and transaction
banking to global treasury and stock-broking services to meet the needs
of its customers across communities.
With a dominant presence in both the consumer and business banking segments
in Singapore and Malaysia, we are the leading distributor of bancassurance
products in Singapore, and rank among the top players in unit trust distribution,
home loans, personal credit, small- and medium-sized enterprises market
and the Singapore Dollar capital market
OCBC Bank's insurance subsidiary, Great Eastern Holdings, is the largest
insurance group in Singapore and Malaysia, in terms of assets and market
share, and its asset management subsidiary, Lion Capital Management, is
one of the largest asset management companies in Southeast Asia.
In 2007, OCBC Bank was named Third Strongest Bank in Asia Pacific by
The Asian Banker and Best Cash Management Bank by Finance Asia amongst
other awards and accolades. Additional information may be found at www.ocbc.com.
About OCBC China
OCBC Bank first established its presence in China in 1925 with
the opening of its Xiamen branch. Since then, OCBC Bank has been operating
without interruption in China for 82 years. It incorporated its local
entity, OCBC Bank (China) Ltd ("OCBC China"), on 1 August 2007.
OCBC China has a registered capital of RMB 3.5 billion (S$698 million)
and employs more than 290 staff currently. It plans to grow its staff
strength to more than 1,000 by 2010 to support its rapid business expansion.
Headquartered in Shanghai, OCBC China has branches in Chengdu, Tianjin
and Xiamen, as well as representative offices in Beijing and Qingdao.
Its new sub-branches in Chengdu and Shanghai also commenced operations
in October and November 2007 respectively.
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