OCBC Bank has launched onshore private banking services in Indonesia after obtaining approval from the country’s regulators, the Singaporean lender said on Monday. Through its 85% owned subsidiary OCBC NISP, the private bank will cater to Indonesians with assets under management of more than US$1 million, and will offer “a comprehensive range of wealth management solutions”. The private banking unit…
Have a confidential tip? Get in touch [email protected]