Being the oldest bank in Singapore, OCBC was born out of the Great Depression through the consolidation of three banks in 1932 – the Chinese Commercial Bank Limited, the Ho Hong Bank Limited and the Oversea-Chinese Bank Limited. Through the decades, OCBC had weathered numerous storms and went on to become one of the largest banks in Southeast Asia. In May 2018, OCBC share price even hit a sensational high of $14. The powerful surge of OCBC share price created much wealth for wealth builders.
Will OCBC share price recapture its magical form again? A lot will depend on the management long-term strategies. Indeed, OCBC has a rich heritage as its founding father is Lee Kong Chian, the son-in-law of Mr Tan Kah Kee. Former Singapore President, Dr Tony Tan, also used to be OCBC Chairman and CEO in the early nineties. The uncle