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Jakarta, September 2, 2024 – The merger of PT Bank Commonwealth to become part of PT Bank OCBC NISP Tbk (OCBC) has obtained approval from Financial Services Authority (OJK) and has fulfilled applicable Indonesian legal requirements. With this approval, as of September 1, 2024, the merger between the two entities has been effective, and both banks have now unified under the entity of PT Bank OCBC NISP Tbk.
“As this merger has been effective, it marks a new beginning for the united entities to become more solid and resilient. By uniting our strengths, OCBC is ready to serve broader customer base with more comprehensive banking solutions in Indonesia, combined with OCBC’s capabilities in the ASEAN region, Greater China, and other areas,” said Parwati Surjaudaja, President Director of OCBC.
Therefore, PT Bank Commonwealth customers automatically become OCBC customers. Furthermore, customers can conduct transaction at any OCBC branch throughout Indonesia, or through OCBC’s digital channels for both individual and business needs.
“We extend a warm welcome to our new OCBC customers, and express our gratitude for the trust in OCBC. We are fully committed to ensuring smooth transition and providing comprehensive banking experience. This merger will strengthen our commitment to delivering financial solutions that meet customers’ needs, in line with our vision to become the trusted partner in enriching the quality of life.” Parwati concluded.
About OCBC
PT Bank OCBC NISP Tbk ‘OCBC’ was established in Bandung in 1941 under the name Nederlandsch Indische Spaar en Deposito Bank. Over its 83 years of journey, the Bank has undergone several name changes, from 'Bank NISP' to 'Bank OCBC NISP', and 'OCBC' on November 14. 2023. As of June 30, 2024, OCBC serves customers through 200 office networks in 54 cities in Indonesia. Furthermore, customers could conduct transaction through the Bank's 492 ATM, more than 90.000 ATM networks in Indonesia, and connected to more than 580 OCBC Group ATM networks in Singapore and Malaysia. OCBC also serves customers through various digital channels, including mobile banking and internet banking – both for individuals and corporations. OCBC is one of the banks with the highest credit ratings in Indonesia, namely AAA(idn)/stable from PT Fitch Ratings Indonesia.
Brand & Communication Division, OCBC
OCBC Tower, Jl Prof Dr Satrio Kav 25, Jakarta 12940
Tel: 021- 25533888; Fax: (62)-021-57944000
Email: brand.communication@ocbc.id
Website: www.ocbc.id
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Aleta Hanafi Division Head aleta.hanafi@ocbc.id, Mobile: 62-8119860068 |
Chandra Novita Publicist chandra.novita@ocbc.id, Mobile: 62-8111071069 |
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Nadya Maharani Publicist nadya.maharani@ocbc.id Mobile: 62-81294289252 |
Novi Henriatika Publicist novi.henriatika@ocbc.id Mobile: 62-8119812329 |
Achievement - 29 Feb 2024
