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Oversea-Chinese Banking Corporation Limited, abbreviated as OCBC Bank, is an openly listed monetary services organisation with its head workplace in Singapore. The “Oversea-Chinese” use leads lots of to think erroneously that the bank’s name is misspelled, but this is the appropriate standard spelling. Although it is asserted that this is the right spelling, “oversea” instead of “overseas”, which is the correct use of the word in generic English, sounds awkward and uncomfortable to native English speakers. The bank’s global network has actually grown to make up subsidiaries, branches, and representative offices in 18 areas and countries. It has retail banking subsidiaries in Malaysia, Indonesia, Hong Kong, and China, and branches in China, Hong Kong, Japan, Australia, the UK and US. OCBC’s Indonesia subsidiary, Bank OCBC NISP, has 630 workplaces and branches.
OCBC’s Indonesia subsidiary, Bank OCBC NISP, has 630 branches and offices
In 1932, three banks– Chinese Commercial Bank (1912), Ho Hong Bank (1917), and Oversea-Chinese Bank (1919), combined 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.