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Bank of Singapore is the private banking arm and a wholly owned subsidiary of Oversea-Chinese Banking Corporation (OCBC), Southeast Asia’s second largest bank. Formerly known as ING Asia Private Bank , it was acquired by OCBC in 2009 from ING Group for US$ 1.46 billion. [ 2 ]
NETS operates Singapore's national debit scheme enabling customers of DBS Bank, POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB to make payments using their physical/contactless ATM cards or mobile devices at more than 120,000 acceptance points in Singapore including major retailers, food courts, hawker centres, convenience stores and supermarkets.
Former OCBC Bank in South Bridge Road, Singapore.. On 31 October 1932, three banks – Chinese Commercial Bank (1912), Ho Hong Bank (1917), and Oversea-Chinese Bank (1919) – merged and consolidated their strengths to form Oversea-Chinese Banking Corporation under the leadership of Hoklos Tan Ean Kiam (co-founder and managing director of Oversea-Chinese Bank) [15] [16] and Lee Kong Chian, who ...
There are currently three local digital banks with full bank licence in Singapore. Trust Bank was jointly launched by FairPrice Group and Standard Chartered Bank on 1 September 2022. [ 2] GXS Bank is owned by Grab and Singtel. MariBank is owned by Sea Ltd . Local Digital Full Bank.
Raffles Place is the centre of the Financial District of Singapore and is located south of the mouth of the Singapore River. [ 1] It was first planned and developed in the 1820s as Commercial Square to serve as the hub of the commercial zone of Singapore in Raffles Town Plan. It was renamed Raffles Place in 1858 and is now the site of a number ...
OCBC Centre. / 1.285; 103.8491. OCBC Centre is a 197.7 m (649 ft), 52- storey skyscraper in Singapore. Serving as the current headquarters of OCBC Bank, the building was completed in 1976 and was the second-tallest building in the country, and South East Asia, at that time. [ 4] There are two extensions, OCBC Centre South and OCBC Centre East ...
The bank was previously known as The Development Bank of Singapore Limited, which "DBS" was derived from, before the present abbreviated name was adopted on 21 July 2003 to reflect its role as a global bank. [2] It is one of the "Big Three" local banks in Singapore, along with Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank ...
An Osprey crash in Australia that killed three Marines last August was caused by multiple pilot errors during a near mid-air collision, a military investigation has found. Two Marines were killed ...