The Oversea-Chinese Banking Corporation Limited (OCBC) is a leading banking group in Singapore, with total assets of about S$535 billion as of 31 December 2015. It is ranked as the second largest financial services group in Southeast Asia and is widely recognised for its sound management and conservative lending policies.
OCBC provides a full range of retail and corporate banking services, including credit cards, investments and wealth management services. Its strong presence in Malaysia, Indonesia and China provides the bank with greater geographic coverage and greater market opportunities. The bank is also well positioned to benefit from the growing demand for Islamic banking services in these countries.
OCBC’s retail banking segment offers customers a wide range of banking products, services and privileges, including current and savings accounts, foreign currency deposit accounts, credit cards, mortgage loans, insurance products, personal and business loans, structured deposits, and bancassurance.
The bank’s corporate banking segment provides services to international and domestic corporations, including institutional investors, money market funds and government institutions. It encompasses corporate banking, capital markets and treasury, structured finance, commercial banking, trade and structured trade and export finance, private banking and clearing services.
The bank’s securities services division provides customers with an array of funds and derivatives products, such as wealth management and bond products, funds investment advice and holdings, treasury services and investment banking. Its Treasury and Markets division provides customers with a wide range of treasury, foreign exchange and structured products, as well as services such as cash management and letters of credit.
OCBC also has an extensive retail presence, with over 400 branches and 1100 ATMs located across Singapore, Malaysia, Indonesia and China. In addition, the bank offers an array of online banking, mobile banking, debit and credit cards, corporate banking, and investment and wealth management services.
The bank has received a number of prestigious awards, including the 2016 Asian Banker’s Private Banking Awards for Best Private Bank and Bank of the Year. It has also been voted as the 21st most admired company in Asia-Pacific, by the Great Place to Work Institute.
With a strong and resilient balance sheet, an extensive global presence and a wide range of market leading financial products and services, OCBC is perfectly positioned to continue delivering superior returns to the shareholders.
