OCBC Bank (China) Limited (“OCBC China”) established its operations on 1 August 2007 as a wholly-foreign-owned bank solely owned by OCBC Bank. Headquartered in Shanghai, OCBC China has incorporated all the China branches previously under OCBC Bank.
OCBC Bank has maintained a continuous presence in China since 1925 with the opening of our first branch in Xiamen. This was followed by a branch in Shanghai in 1927. In Chengdu, we were the first foreign bank to open a branch in this fast-growing part of southwestern China, offering a full suite of services to suit our customers' banking requirements.
OCBC China's network comprises its head office in Shanghai, one branch each in the cities of Xiamen, Tianjin, Chengdu, Guangzhou and two sub-branches respectively in Shanghai and Chengdu.
In Singapore, OCBC Bank is the longest established local bank. It has assets of S$184 billion and a network of over 470 branches and representative offices in 15 countries and territories including Singapore, Malaysia, Indonesia, Vietnam, China, Hong Kong SAR, Brunei, Japan, Australia, UK and USA. This network includes more than 360 branches and offices in Indonesia operated by OCBC Bank's subsidiary, OCBC NISP.
OCBC Bank offers a range of specialist financial services including consumer, corporate, investment, private and transaction banking, global treasury, asset management and stock brokerage services to meet the needs of its customers across communities. Its subsidiary, Great Eastern Holdings, is the largest insurance group in Singapore and Malaysia, with more than S$44 billion in assets and 3 million policyholders.
Actively forging lifetime partnerships with our customers to help them achieve their aspirations, we remain unwavering in our commitment to create more value for our customers, shareholders and staff. Looking ahead, we will continue to seek growth in other regional markets, while we improve our performance in core financial services.
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