OCBC’s Indonesian subsidiary has no plans to migrate the funds it received from the country’s tax amnesty to its new private banking division this year, says president director of the Indonesian business, Parwati Surjaudaja. OCBC NISP, which is 85% held by Singapore’s OCBC Bank, received Rp8.5 trillion (roughly US$639 million) worth of newly-declared funds as a direct result of Indonesia’s…

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