50 Years with OCBC Bank
Over the years, we have grown through mergers and acquisitions in the key markets that we operate in, namely Singapore, Malaysia, Indonesia and Greater China.
In 2001, we were the first Singapore-based financial institution to embrace consolidation in Singapore’s banking sector by acquiring Keppel Capital Holdings Ltd and all its subsidiaries, including Keppel TatLee Bank Limited, Keppel Securities Private Limited and Keppel TatLee Finance Limited. In 2002, OCBC Bank and Keppel TatLee Bank were operationally and legally integrated.
Great Eastern Holdings ("GEH") had been an associate company of OCBC Bank since 1958. In 2004, we increased our stake in GEH to 81.1% from 48.8%, creating a financial services group with an enlarged asset base that could leverage on the strengths of OCBC Bank and GEH in the wealth management business. Our stake in GEH was increased further to 86.9% in 2006 and to 87.1% in 2008.
In 2005, Lion Global Investors was formed as a subsidiary of OCBC Bank following the merger of OCBC Asset Management and Straits Lion Asset Management, to realise synergies in their investment product capabilities across a broad array of asset classes.
In 2010, we completed the acquisition of ING Asia Private Bank, marking a transformational step in our comprehensive wealth management strategy. The acquired entity became a wholly-owned private banking subsidiary of OCBC Bank and was renamed Bank of Singapore Limited (“Bank of Singapore”).
Bank of Singapore gives us a strong presence in the high net worth segment and cements our position as a leading wealth management player in Asia.
Information Credit: OCBC Bank Singapore
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In 2001, we were the first Singapore-based financial institution to embrace consolidation in Singapore’s banking sector by acquiring Keppel Capital Holdings Ltd and all its subsidiaries, including Keppel TatLee Bank Limited, Keppel Securities Private Limited and Keppel TatLee Finance Limited. In 2002, OCBC Bank and Keppel TatLee Bank were operationally and legally integrated.
Great Eastern Holdings ("GEH") had been an associate company of OCBC Bank since 1958. In 2004, we increased our stake in GEH to 81.1% from 48.8%, creating a financial services group with an enlarged asset base that could leverage on the strengths of OCBC Bank and GEH in the wealth management business. Our stake in GEH was increased further to 86.9% in 2006 and to 87.1% in 2008.
In 2005, Lion Global Investors was formed as a subsidiary of OCBC Bank following the merger of OCBC Asset Management and Straits Lion Asset Management, to realise synergies in their investment product capabilities across a broad array of asset classes.
In 2010, we completed the acquisition of ING Asia Private Bank, marking a transformational step in our comprehensive wealth management strategy. The acquired entity became a wholly-owned private banking subsidiary of OCBC Bank and was renamed Bank of Singapore Limited (“Bank of Singapore”).
Bank of Singapore gives us a strong presence in the high net worth segment and cements our position as a leading wealth management player in Asia.
Information Credit: OCBC Bank Singapore
Other Banks
Compare Bank Home/Mortgage Loan Rates