Oversea-Chinese Banking Corporation Limited, abbreviated as OCBC Bank, is a publicly noted monetary services organisation with its head workplace in Singapore. The “Oversea-Chinese” use leads many to believe erroneously that the bank’s name is misspelled, however this is the proper conventional spelling. It is asserted that this is the appropriate spelling, “oversea” rather than “overseas”, which is the proper usage of the word in generic English, sounds uneasy and clumsy to native English speakers. The bank’s global network has grown to make up subsidiaries, branches, and representative offices in 18 territories 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 branches and offices.
OCBC’s Indonesia subsidiary, Bank OCBC NISP, has 630 workplaces 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 management of Tan Ean Kiam and Lee Kong Chian. In the subsequent decades, the bank expanded its operations and ended up being the largest bank in South East Asia.