 | |
| Company type | Subsidiary |
|---|---|
| Industry | Private banking and wealth management |
| Predecessor | ING Asia Private Bank |
| Founded | 29 January 2010[1] |
| Headquarters | |
Key people | Jason Moo (CEO) |
| Products | Wealth planning, asset preservation, alternative investment |
Number of employees | More than 2,300 |
| Parent | OCBC Group |
| Website | www |
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] After completed the acquisition, OCBC subsequently combined ING Asia Private Bank with its own private banking business (OCBC Private Bank), and renamed as Bank of Singapore in January 2010.[3][4]
The Bank of Singapore serves high net worth individuals and wealthy families in its key markets of Southeast Asia, Greater China, India Sub-Continent and other international markets.[4]
Headquartered in Singapore, the Bank of Singapore has branches in Hong Kong and Dubai, with a representative office in Makati City, Philippines. 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 Berhad. Bank of Singapore is rated Aa1 by Moody's.[4]
- ^ "OCBC Bank launches a dedicated private bank, Bank of Singapore, formerly known as ING Asia Private Bank" (PDF). OCBC Bank. 29 January 2010. Archived from the original (PDF) on 2 April 2015. Retrieved 25 September 2019.
- ^ "OCBC scores with acquisition of ING Asia assets". GlobalCapital. 15 October 2009. Retrieved 30 November 2009.
- ^ "OCBC Bank Acquires ING Asia Private Bank". Private Banker International. 29 January 2010. Retrieved 15 August 2010.
- ^ a b c "OCBC - Who we are - Group Business - Private Banking". www.ocbc.com. Retrieved 21 July 2023.