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29.80000 EUR
0
0%
Last update Apr 2, 8:05 AM CEST
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29.80000
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Oversea-Chinese Banking Corporation Limited S...
29.80
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Overview

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Description

Oversea-Chinese Banking Corporation Limited Sponsored ADR represents shares of OCBC Bank, one of Southeast Asia's largest financial institutions. This American Depository Receipt (ADR) allows US investors to hold and trade shares of a foreign company on American stock exchanges, thereby facilitating cross-border investment. OCBC Bank, founded in 1932 in Singapore, offers a comprehensive range of financial services including banking, insurance, investment, and asset management. As a prominent player in the banking sector, it primarily influences industries such as retail banking, corporate banking, wealth management, and treasury services. OCBC’s strong presence in Southeast Asian markets, along with its strategic expansions into high-growth areas like Greater China and the Middle East, underscores its significance in the global financial landscape. Through the ADR, investors gain exposure not only to a leading bank but also to the dynamic economic region of Southeast Asia. The ADR structure enhances accessibility and simplifies transactions for investors who may find it cumbersome to invest directly in foreign markets.

About

CEO
Ms. Pik Kuen Wong J.P.
Employees
33656
Address
No. 10-00 OCBC Centre East
63 Chulia Street
Singapore, 049514
Phone
65 6363 3333
Website
Instrument type
American depositary receipt
Sector
Financial Services
Industry
Banks - Regional
Country
Germany
MIC code
XFRA
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