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Oversea-Chinese Banking Corporation
Oversea-Chinese Banking Corporation, Limited (), often known as OCBC Bank (), is a Singaporean multinational banking and financial services corporation headquartered in OCBC Centre, Singapore. OCBC Bank was born out of the Great Depression through the consolidation of three banks in 1932 — the Chinese Commercial Bank Limited (incorporated in 1912), the Ho Hong Bank Limited (incorporated in 1917) and the Oversea-Chinese Bank Limited (incorporated in 1919). OCBC Bank has assets of more than S$521.3 billion, making it the second largest bank in Southeast Asia by assets and among the larger banks in Asia-Pacific. It is also one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- rating from Standard & Poor's. OCBC Bank is consistently ranked amongst the top five "safest banks in the world" by the magazine '' Global Finance''. The Asian Banker named OCBC Bank Singapore's strongest bank for 2018-2019, and the 5th strongest in Asia-Pacific. The ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OCBC Centre
OCBC Centre is a , 52-storey skyscraper in Singapore. Serving as the current headquarters of OCBC Bank, the building was completed in 1976 and was the tallest building in the country, and South East Asia, at that time. There are two extensions, OCBC Centre South and OCBC Centre East. There is an Executive Club on one of the higher floors of the building. OCBC Centre East has food and beverage outlets. Architecture The building is an example of Brutalist architecture, a popular architectural style in the 1970s. See also * List of tallest buildings in Singapore The city-state of Singapore has over 9,000 completed high-rises, the majority located in the Downtown Core, the city centre of Singapore. In the city, there are 96 skyscrapers. The Guoco Tower currently holds the title of tallest building in S ... References Further reading * * External links * {{I. M. Pei 1976 establishments in Singapore Brutalist architecture in Singapore Downtown Core (Singapore) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard & Poor's
S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is considered the largest of the Big Three credit-rating agencies, which also include Moody's Investors Service and Fitch Ratings. Its head office is located on 55 Water Street in Lower Manhattan, New York City. History The company traces its history back to 1860, with the publication by Henry Varnum Poor of ''History of Railroads and Canals in the United States''. This book compiled comprehensive information about the financial and operational state of U.S. railroad companies. In 1868, Henry Varnum Poor established H.V. and H.W. Poor Co. with his son, Henry William Poor, and published two annually updated hardback guidebooks, ''Poor's Manual of the Railroads of the United States'' and ''Poor's Directory of Railway Officials''. In 1906, Lu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Largest Banks In Southeast Asia
This is a list of the largest Southeast Asian banks, measured by total assets, market capitalisation, sales, and profit. Largest Southeast Asian banks by total assets Information from Forbes as of 2022 Largest Southeast Asian banks by market capitalisation Information from Forbes as of 2022 Largest Southeast Asian banks by sales Information from Forbes as of 2022 Largest Southeast Asian banks by profit Information from Forbes as of 2022 See also * List of largest banks * List of largest banks in the United States * List of largest banks in North America * List of largest banks in Latin America This is the list of the banks in Latin America, as measured by total assets. By total assets The list is based on the April 2022 S&P Global Market Intelligence report of the 50 largest banks in Latin America. See also * List of largest ban ... References {{reflist * * * * *Largest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ho Hong Bank
The Ho Hong Bank (1917–1932) was a Malayan bank, established to provide banking services that, until 1912, were solely delivered by European banks. The bank was founded in 1917 and in 1932 merged with two other banks in Singapore to form the Oversea-Chinese Banking Corporation. Formation and Early History of the Ho Hong Bank *On 15 1917, Lim Peng Siang registered the Ho Hong Bank.The Straits Times, 19 March 1918, Page 7 Advertisements in March 1917 informed the public of the establishment of the new bank, with its head office at Raffles Chambers 5 & 6 and branches at 155 First Cross Street in Malacca and 77/79 Jalan Suleiman in Muar. The bank was established with an authorised capital of $8 million and an issued capital of $4 million - $3.5 million (£40,406,976) was subscribed, half of which was paid up. This $3.5 million would grow to $4 million by 1920and over $6 by 1931. The board of directors of the new bank comprised Lim Peng Siang as Chairman, Lim Boon Keng, Lee Choon Gu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Commercial Bank
The Chinese Commercial Bank was a Malayan bank established in Singapore in 1912. It was also the first Hokkien bank in Singapore. In 1932, the bank was merged with Ho Hong Bank and Oversea-Chinese Bank to form the Oversea-Chinese Banking Corporation. History Founding The Chinese Commercial Bank was established 1912 by Lim Peng Siang and several merchants, including Lee Choon Guan and Lim Boon Keng. On 17 August 1912, a largely attended meeting of Hokkiens, shareholders of the then proposed Chinese Commercial Bank Ltd., was held at the Chinese Chamber of Commerce in Hill Street, presided over by Lee Choon Guan. The assembled elected its first directors: The meeting decided to register the company with a nominal (authorised) capital of $4 million. At that time the issued capital of $2 million had been over-subscribed. The temporary premises of the bank was at No. 61 Kling Street and Seow Poh Leng Seow Poh Leng (1883 - 1942) one of the first few Peranakan Babas at Em ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lee Kong Chian
Lee Kong Chian (; 18 October 1893 – 2 June 1967), also known by his alias Lee Geok Kun (), was a prominent Chinese businessman and philanthropist based in Malaya and Singapore between the 1930s and the 1960s. He was the founder of the Lee Foundation and one of the richest men in Southeast Asia in the 1950s and 1960s. He was also a son-in-law of Tan Kah Kee, another well-known Chinese businessman and philanthropist based in Southeast Asia. Early life and career Lee was born in Furong Village in Nan'an, Fujian, towards the end of the Qing dynasty. His father was Lee Kuo Chuan (). Lee received his early education in private schools in his hometown. In 1903, at the age of 10, he came to Singapore, then a British colony, to join his father. He studied at the defunct Anglo-Tamil School, and Chung Cheng High School. Lee returned to the Qing dynasty in 1909 to complete his education under a scholarship, but had to end it in 1911 when the Xinhai Revolution broke out. In China, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Eastern Life
Great Eastern Life Assurance Co. Ltd, often known as Great Eastern Life or Great Eastern, is a Singaporean multinational finance and insurance corporation with operations in various countries and jurisdictions in the Asia-Pacific region. Headquartered at Pickering Street in Raffles Place, it is a subsidiary of OCBC Bank, and it is the largest and oldest life insurance company in Singapore. At 2006, the company had assets in excess of S$8 billion, 2.6 million policies in force served by 24 branch offices and a service network of more than 17,000 agents nationwide. In August 2007, it had S$45 billion in assets and 3 million policyholders. In 2020, the company's website stated that it has over S$90 billion in assets and over 8 million policyholders, including 5 million from government schemes. It has three distribution channels – a tied agency force, bancassurance, and financial advisory firm, Great Eastern Financial Advisers. It is the only life insurance company to be liste ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Singapore
The Bank of Singapore is the 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. As of 30 September 2022, Bank of Singapore's assets under management (AUM) was US$109 billion. The Bank of Singapore serves high net worth individuals and wealthy families in its key markets of Asia, Greater China, the Indian subcontinent and other international markets. Headquartered in Singapore, the Bank of Singapore has branches in Hong Kong and Dubai, with a representative office in Manila. In Europe, the bank serves clients through BOS Wealth Management Europe Société Anonyme (S.A.) which is headquartered in Luxembourg and has a London office. In Malaysia, it serves its clients through BOS Wealth Management Malaysia. Bank of Singapore is rated Aa1 by Moody's. History The bank was launched on 29 January 2010 by the acquisition of ING Asia Private Bank by OCBC Bank in 2009, as a result of ING's re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OCBC Wing Hang Bank
OCBC Wing Hang Bank Limited (), formerly Wing Hang Bank Limited is a licensed bank with its head office in Hong Kong, where it is the eighth biggest bank by total assets. Since end of July 2014 Wing Hang Bank has been a subsidiary of Oversea-Chinese Banking Corporation (OCBC) of Singapore. The acquisition of Wing Hang has given OCBC a network of about 70 branches spanning Hong Kong, Macau and mainland China to add to OCBC's existing operations in Hong Kong and China. History Mr Y K Fung established Wing Hang Ngan Ho in 1937 in Canton to engage in money changing. Its early years were difficult due to the turbulent political and economic conditions in China. In 1941, the firm established a subsidiary, Banco Weng Hang, in Macau. In 1945 Wing Hang Ngan Ho re-established itself in Hong Kong with a capital of HK$300,000 and a staff of 19. The firm prospered during the post-war boom and in 1960 incorporated as Wing Hang Bank. In 1973 the Irving Trust Company of New York acquire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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