OCBC acquires HSBC International Wealth and Premier Banking in Indonesia
Indonesia, May 8 -- OCBC announces today that its Indonesia subsidiary, PT Bank OCBC NISP Tbk ("OCBC Indonesia"), has on 4 May 2026 entered into an agreement with PT Bank HSBC Indonesia ("HSBC Indonesia") to acquire assets and liabilities of its retail banking and wealth management operations in Indonesia - International Wealth and Premier Banking ("IWPB Indonesia"). IWPB Indonesia is built around a premium, global financial service proposition serving retail and wealth customers offering a full suite of banking products and services and tailored wealth management. This portfolio comprising customer deposits, investment products covering bonds, mutual funds and insurance, credit cards and retail loans immediately deepens OCBC Indonesia's we...
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