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Oversea-Chinese Banking Corporation Limited, abbreviated as OCBC Bank, is an openly noted monetary services organisation with its head office in Singapore. Although openly noted, OCBC Bank’s biggest shareholder is the Lee Group of Business. OCBC wased established by Lee Kong Chian in 1932, and his kid Lee Seng Wee likewise acted as chairman. OCBC Bank has possessions of more than 224 billion SGD. Based upon Bloomberg, in 2011 OCBC is the primary of the world’s greatest $100 billion assets banks
OCBC’s Indonesia subsidiary, Bank OCBC NISP, has 630 offices and branches
In 1932, three banks– Chinese Commercial Bank (1912), Ho Hong Bank (1917), and Oversea-Chinese Bank (1919), merged to form Oversea-Chinese Banking Corporation under the leadership of Tan Ean Kiam and Lee Kong Chian. In the subsequent decades, the bank expanded its operations and ended up being the biggest bank in South East Asia.