Oversea-Chinese Banking Corporation Stock

Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally.

OCBC Bank and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC Bank's key markets are Singapore, Malaysia, Indonesia and Greater China. It has branches and representative offices in 19 countries and regions. These include branches and offices in Indonesia under subsidiary PT Bank OCBC NISP Tbk, and branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang. OCBC Bank's private banking services are provided by its wholly-owned subsidiary, Bank of Singapore.

OCBC Bank's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.

The company offers various deposits, such as fixed deposits, savings deposits, term deposits, current accounts, structured deposits, certificates of deposit and other deposits.

Business Segments

The company operates through Global Consumer/Private Banking, Global Wholesale Banking, Global Treasury and Markets, Insurance, and Others segments.

Global Consumer/Private Banking

This segment provides a full range of products and services to individual customers. At Global Consumer Banking, the products and services offered include deposit products (checking accounts, savings and fixed deposits), consumer loans (housing loans and other personal loans), credit cards, wealth management products (unit trusts, bancassurance products and structured deposits) and brokerage services. Private Banking caters to the specialized banking needs of high net worth individuals, offering wealth management expertise, including investment advice and portfolio management services, estate and trust planning, and wealth structuring.

Global Wholesale Banking

Global Wholesale Banking serves institutional customers ranging from large corporates and the public sector to small and medium enterprises. The business provides a full range of financing solutions, including long-term project financing, short-term credit, working capital and trade financing, as well as customized and structured equity-linked financing. It also provides customers with a broad range of products and services, such as cash management and custodian services, capital market solutions, corporate finance services and advisory banking, and treasury products.

Global Treasury and Markets

This segment is responsible for the management of the Group's asset and liability interest rate positions, engages in foreign exchange activities, money market operations, fixed income and derivatives trading, and offers structured treasury products and financial solutions to meet customers' investment and hedging needs. Income from treasury products and services offered to customers in Global Consumer/Private Banking and Global Wholesale Banking, is reflected in the respective business segments.

Insurance

This segment includes its fund management activities, is undertaken by 87.9%-owned subsidiary Great Eastern Holdings' (GEH) and its subsidiaries, which provide both life and general insurance products to its customers mainly in Singapore and Malaysia.

Others

This segment comprises mainly property holding and investment holding.

History

Oversea-Chinese Banking Corporation Limited was founded in 1912. The company was incorporated in 1931.