Oversea-Chinese Banking Corporation Limited, abbreviated as OCBC Bank, is a publicly listed financial services organisation with its head workplace in Singapore. The “Oversea-Chinese” usage leads many to think incorrectly that the bank’s name is misspelled, but this is the correct traditional spelling. It is asserted that this is the correct spelling, “oversea” rather than “overseas”, which is the appropriate use of the word in generic English, sounds clumsy and uneasy to native English speakers. The bank’s worldwide network has actually grown to comprise subsidiaries, branches, and representative workplaces in 18 nations and areas. 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 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 ended up being the largest bank in South East Asia.