Who owns the Bank of Singapore?

Is Bank of Singapore OCBC?

The Bank of Singapore is a Singapore-based private banking arm of OCBC Bank. Formerly known as ING Asia Private Bank, it was acquired by OCBC Bank in 2009 from ING Group for US$1.46 billion.

Is OCBC owned by Singapore government?

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.

Is OCBC from China?

In August 2007, we incorporated a local entity in China, OCBC Bank (China) Limited. … Headquartered in Shanghai, OCBC Wing Hang China has a registered capital of RMB5 billion (S$1 billion) and is a wholly-owned subsidiary of OCBC Wing Hang in Hong Kong SAR, which is itself, 100 per cent owned by OCBC Bank.

Is OCBC part of UOB?

OCBC Bank has assets of more than S$521.3 billion, making it the second largest bank in Southeast Asia by assets after DBS Bank and ahead of United Overseas Bank, which are also headquarted in Singapore.

Shareholders.

1.
Name of Shareholders Citibank Nominees Singapore Pte Ltd
No. of Shareholdings 705,234,459
%* 15.76

What is Private Banking Singapore?

Private banking is a collection of services offered by banks to HNWIs or high net worth individuals. These services are intended for one thing and one thing only: to grow the clients’ wealth. These services may cover specialized financing options, retirement planning, taxation solutions, and others.

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How do I claim OCBC$?

You can redeem your gifts simply by logging on to Rewards Webpage, Internet Banking or calling our 24-hour OCBC Phone Banking service at 1800 363 3333 or (65) 6363 3333 (for overseas callers).

Is OCBC Bank safe?

OCBC is consistently ranked among the world’s top 50 safest banks by Global Finance and was named the ‘Best Managed Bank in Singapore and the Asia Pacific’ by The Asian Banker in 2016.

Is OCBC and UOB same?

United Overseas Bank Limited (commonly known as UOB) is a Singaporean multinational investment bank and financial services company headquartered in Raffles Place, Singapore. … The bank is the third largest bank in Southeast Asia by total assets after DBS Bank and OCBC Bank, which are also based in Singapore.

Is OCBC a government bank?

(OCBC) was established through a consolidation of Chinese Commercial Bank, Ho Hong Bank and Oversea-Chinese Bank, in 1932. … The bank completed its acquisition of ING Asia Private Bank in 2010 to boost its wealth management business. Renamed as Bank of Singapore, it now operates as the private banking arm.

Is OCBC international bank?

OCBC Bank offers a comprehensive range of innovative financial solutions in consumer banking, business banking, international banking, global treasury and investment management. … OCBC Bank’s key markets are Singapore, Malaysia, Indonesia and Greater China.

Is HSBC Chinese owned?

HSBC Bank (China) Company Limited started operations on 2 April 2007 as a locally incorporated foreign bank. It is owned by the Hongkong and Shanghai Banking Corporation Limited, the founding member of the HSBC Group, which was established in Hong Kong and Shanghai in 1865.

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