Trade OCBC Bank - O39sg CFD

OCBC Bank Company profile

OCBC Bank (O39sg) is a provider of banking and financial services primarily in Singapore, Malaysia, Indonesia, and Greater China. 

Also known as Oversea-Chinese Banking Corporation Limited, the financial institution caters to the rest of the Asia Pacific and internationally, through more than 470 branches and representative offices in 19 countries and regions. 

OCBC Bank was founded through the merger of three local banks in 1932.  Its oldest unit, however, was formed in 1912. 

Currently headquartered in Singapore, the bank operates through subsidiary Bank OCBC NISP in Indonesia, while in Mainland China, Hong Kong SAR and Macau SAR it goes under OCBC Wing Hang. The private banking service of OCBC Bank is operated by its wholly-owned subsidiary Bank of Singapore. 

The bank along with its subsidiaries offers commercial banking, specialist financial and wealth management services, corporate banking, investment management, private and corporate transaction banking, insurance management, asset management and stockbroking services. 

The company offers life insurance services through Great Eastern Holdings in Singapore and Malaysia, while Lion Global Investors operates asset management services in Southeast Asia as a subsidiary.

The OCBC Bank stock is listed on the Singapore stock exchange (SGX) trading under the ticker symbol O39sg. OCBC Bank is the second-largest banking group in Singapore by total assets.

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