OCBC Wing Hang Bank (China) Limited is a wholly-owned subsidiary of OCBC Bank. Headquartered in Shanghai, OCBC Wing Hang China has around 16 branches and sub-branches across 14 cities in China including Beijing, Shanghai, Xiamen, Tianjin, Chengdu, Guangzhou, Shenzhen, Chongqing, Qingdao, Wuhan, Shaoxing, Suzhou, Zhuhai and Foshan.
With a registered capital of more than RMB 5 billion, it has RMB retail banking licenses for branches and sub-branches in Shanghai, Chengdu and the Pearl-River Delta region. It offers a full suite of personal financial products and services including RMB and foreign currency savings accounts as well as fixed deposits, foreign exchange service and investment products such as structured products, QDII (Qualified Domestic Institutional Investor), medical and accident protection, local unit trust, internet banking service, debit card, ATM service and personal loan products.
OCBC Wing Hang China leverages OCBC Group’s international business network to offer a comprehensive suite of business banking products and services including loans, deposits, trade finance, cash management, international settlements, investment, cross-border RMB settlements, supply chain financing and internet banking services. It supports foreign and local corporate customers including financial institutions, offshore customers and OCBC Bank’s network customers. OCBC Wing Hang China also supports the needs of smaller businesses by offering innovative products including the pure credit financing product, SSME Unsecured Loan.
OCBC Bank established a strategic partnership with Bank of Ningbo in 2006. Bank of Ningbo is an associated company of OCBC and has a nationwide network comprising more than 380 branches, sub-branches and offices, covering the cities of Ningbo, Shanghai, Hangzhou, Nanjing, Shenzhen, Suzhou, Wenzhou, Beijing, Wuxi, Jinhua, Shaoxing, Taizhou, Jiaxing and Lishui.