NISP, raising its shareholding in Bank NISP to 51%. OCBC Bank subsequently raised its stake to 70.62% in 2005. By 2008, it had increased its stake in Bank NISP to 74.73%. In 2008, Bank NISP changed its name to Bank OCBC NISP. As of 30 September 2010, Bank OCBC NISP had 5,995 employees, total assets of Rp 40.2 trillion, and served customers through a network of 411 offices in 62 cities and 576 ATMs throughout Indonesia. Its customers could also use more than 37,500 ATMs (including ATMs belonging to ATM Bersama, Bank Central Asia, OCBC Bank in Singapore, and BankCard in Malaysia). Subsequently, in November 2010, OCBC Indonesia merged with OCBC NISP. OCBC Al-Amin Bank Berhad OCBC wholly owns OCBC Al-Amin Bank, which offers Islamic banking products and services in Malaysia. OCBC had offered Islamic banking products and services since 1995. Finally, on 1 December 2008 OCBC launched OCBC Al-Amin Bank Berhad. OCBC Al-Amin offers products and services based on the applicable Shariah contract and with the endorsement of the Shariah Advisory Committee. OCBC Bank (China) OCBC China has 17 branches on the mainland and in Hong Kong. OCBC's presence in China dates back to 1925 when it opened a branch in Xiamen. In 2007 OCBC established its wholly owned subsidiary with headquarters in Shanghai. OCBC Wing Hang Bank In March 2014, OCBC Bank offered to pay nearly US$5 Billion for Wing Hang Bank, one of Hong Kong's last family-owned banks. Wing Hang was the eighth-largest lender in Hong Kong. Under the Hong Kong Companies Ordinance, OCBC Bank, with 97.52 percent of Wing Hang's shares, compulsorily acquired Wing Hang on 29 July 2014. On 1 October 2014, Wing Hang Bank was rebranded as OCBC Wing Hang Bank to reflect its integration into the OCBC family. Select Securities Limited (Hong Kong) In November 1960, OCBC established an investment holding company named as Select Securities Limited. The company is based in Hong Kong. Select Securities Limited operates as a subsidiary of Oversea-Chinese Banking Corp. Ltd. Equity investment Ningbo Commercial Bank In 2006 the bank acquired a 12.2% stake in China's Bank of Ningbo. Citations and references Citations References Turnell, Sean (2009) Fiery Dragons: Banks, Moneylenders and Microfinnance in Burma. (NAIS Press). External links OCBC Group Banks of Singapore Banks of Hong Kong Banks established in 1932 Companies listed on the Singapore Exchange Multinational companies headquartered in Singapore Online brokerages Singaporean brands 1932