Overseas Chinese Banking Corporation Ltd. is also popularly known as the OCBC Bank. With its headquarters in Singapore, the bank is a public listed company. And, even though the bank is public listed, its major shareholder is the Lee Group of Companies, in the year 1932. The bank was founded by Mr. Lee Kong Chian. It has a total asset value of 224 billion SG Dollars, andit holds the number one position in the 10 strongest banks with $100 billion assets. The bank has subsidiaries in Indonesia, China, Hong Kong, and Malaysia, with its branches in Hong Kong, Japan, China, UK, US and Australia.
The Australian branch of OCBC is a full-service branch, and offers the customers with a wide range of banking services. These include advances, loans, trade financing, deposits, remittances, and foreign exchange and money market dealings. Also, the bank has a great reputation for its consumer banking, business banking, and investment banking services. It also provides transaction banking and Global treasury services. With its branch in New South Wales in Sydney, it serves a variety of customers, from individuals to businesses. It has a global presence, which can help the businesses in growing internationally.
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