Oversea-Chinese Banking Corporation Limited, abbreviated as OCBC Bank, is an openly noted monetary services organisation with its head office in Singapore. The “Oversea-Chinese” usage leads numerous to think mistakenly that the bank’s name is misspelled, but this is the proper standard spelling. It is asserted that this is the appropriate spelling, “oversea” rather than “abroad”, which is the appropriate use of the word in generic English, sounds uneasy and clumsy to native English speakers. The bank’s global network has grown to consist of subsidiaries, branches, and representative workplaces in 18 countries and territories. It has retail banking subsidiaries in Malaysia, Indonesia, Hong Kong, and China, and branches in China, Hong Kong, Japan, Australia, the UK and United States. OCBC’s Indonesia subsidiary, Bank OCBC NISP, has 630 offices and branches
OCBC’s Indonesia subsidiary, Bank OCBC NISP, has 630 offices and branches
In 1932, 3 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 years, the bank broadened its operations and became the biggest bank in South East Asia.