OCBC Wing Hang Bank (China) Limited was established on 18th July 2016 with the merger of OCBC Bank (China) Limited and Wing Hang Bank (China) Limited, as approved by China Banking Regulatory Commission. OCBC Wing Hang Bank (China) Limited is directly owned by OCBC Wing Hang Bank Limited, a wholly owned subsidiary of OCBC Bank based in Singapore.
OCBC Wing Hang Bank (China) Limited is headquartered in Shanghai and has a registered capital of RMB 5.467 billion.It employs more than 1,200 staff at its headquarter and 25 branches and sub-branches across 14 cities in China - Beijing, Shanghai, Xiamen, Tianjin, Chengdu, Guangzhou, Chongqing, Qingdao, Shaoxing, Suzhou, Shenzhen, Zhuhai, Huizhou and Foshan. 11 of the branches and sub-branches are located within the Pearl-River Delta region.
Wing Hang Bank (China) Limited was a subsidiary of the former Wing Hang Bank Limited in Hong Kong. Wing Hang Bank Limited was successfully acquired by OCBC Bank on 29 July, 2014. Headquartered in Hong Kong, it was rebranded OCBC Wing Hang Bank Limited in Hong Kong and Macau on 1 October 2014 and became a wholly owned subsidiary of OCBC Bank on 15 October 2014.
OCBC Bank first established its presence in China in 1925 with the opening of its Xiamen branch. It has been operating without interruption in China for more than 90 years since. OCBC Bank incorporated its local entity OCBC Bank (China) Limited, headquartered in Shanghai, on 1 August 2007.
OCBC Wing Hang Bank (China) Limited has RMB retail banking licenses for branches and sub-branches in Shanghai, Chengdu and the Pearl-River Delta region. It offers a full suite of personal financial products and services including RMB and foreign currency savings accounts and fixed deposits, foreign exchange services, investment products such as structured products, QDII (Qualified Domestic Institutional Investor), medical and accident protection insurance, local unit trust, Internet banking services, Debit Card, ATM services and personal loan products.
OCBC Wing Hang Bank (China) Limited leverages on OCBC Bank’s international business network to offer a comprehensive suite of Business Banking products and services including loans, deposits, trade finance, cash management, international settlements, investment products, cross-broader RMB settlements, supply chain financing, and Internet banking services. It supports foreign and local corporate customers including financial institutions, offshore customers and OCBC Bank’s network customers.
OCBC Wing Hang Bank (China) Limited offers secured personal business loan facilities to medium and small business customers to meet their financing needs. We provide innovative and competitive loan packages and make banking simple, fast and convenient for our customers.
Additional information may be found at:
OCBC Bank Website: www.ocbc.com
OCBC Wing Hang Bank Website: www.ocbcwhhk.com
OCBC Wing Hang Bank (China) Limited Website: www.ocbc.com.cn
OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC Bank is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
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 570 branches and representative offices in 19 countries and regions. These include over 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and more than 100 branches and offices in Hong Kong, China and Macao under OCBC Wing Hang.
OCBC Bank’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.
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.
For more information, please visit www.ocbc.com.