Orient Commercial Joint Stock Bank

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Orient Commercial Joint Stock Bank (OCB)
IndustryFinancial services
FoundedJune 10, 1996
Headquarters45 Le Duan Boulevard, District 1, Hochiminh City, Vietnam
Area served
Vietnam
ProductsDeposits services, Loans services, Remittance services, Account service, International settlement
Number of employees
1,539
Websitewww.ocb.com.vn

Orient Commercial Joint Stock Bank (also known as Oricombank,[1] and OCB[2] ) is a large bank located in Vietnam.[3] Swift code: ORCOVNVX.[4]

As of April 2007, 10% of Oricombank was owned by BNP Paribas, a French banking group.

August 26, 2009 OCB agreed to increase[5] steadily share ownership for BNP Paribas from 10% to 15% and to 20% after the approval of the State Bank of Vietnam and the Government.

On December 2017, BNP Paribas has sold all 74.7 million shares in OCB and is no longer a shareholder.[6]

Direction[edit]

Orient Commercial Bank is aimed at developing into a universal bank with retail banking as its core business. It also sets the target to become one of the top ten Vietnamese Joint Stock banks in 2015, and mature into a Financial group in 2020.

Key shareholders[edit]

Branch/Transaction Office network[edit]

Up to July 27/2010, network of Oricombank presents in 17 Provinces and Cities throughout in Vietnam including:

Staff[edit]

By the end of 8/2010 total head count of Oricombank is 1,539 people.

Milestones[edit]

See also[edit]

External links[edit]

References[edit]

  1. ^ Introduction Oricombank
  2. ^ "OCB Selling Stake To BNP Paribas", Business Week, 2009-04-28
  3. ^ "Orient Commercial Joint Stock Bank; Company Overview", Business Week, February 25, 2010, retrieved February 25, 2010
  4. ^ Inward remittance from oversea to Vietnam
  5. ^ Agreement signing ceremony to increase capital participation of BNPP (france) to OCB, August 26, 2009
  6. ^ https://e.theleader.vn/bnp-paribas-divests-entire-stake-from-the-orient-commercial-bank-20180103140219062.htm
  7. ^ OCB invests US$1.7 mil. to develop bank card network, 10/03/2010 Check date values in: |date= (help)
  8. ^ BNP Paribas and Vietnamese-based bank Orient Commercial Joint-Stock Bank formalise their alliance, 2008-02-28