OCBC Bank (Hong Kong) Limited, formerly Wing Hang Bank Limited and OCBC Wing Hang Bank Limited, is a licensed bank with its head office in Hong Kong. Since 15 October 2014, Wing Hang Bank has been a wholly owned subsidiary of the Oversea-Chinese Banking Corporation (OCBC) headquartered in Singapore.[4] The acquisition of Wing Hang has given OCBC a network of about seventy branches spanning Hong Kong, Macau and mainland China to add to OCBC's existing operations in Hong Kong and China.
History
Y K Fung established Wing Hang Ngan Ho in 1937 in Canton (Guangzhou) to engage in money changing. Its early years were difficult due to the turbulent political and economic conditions in China. In 1941, the firm established a subsidiary, Banco Weng Hang, in Macau.
In 1945, Wing Hang Ngan Ho re-established itself in Hong Kong with a capital of HK$300,000 and a staff of nineteen. The firm prospered during the post-war boom and was incorporated in 1960 as Wing Hang Bank.
In 1973, the Irving Trust Company of New York acquired a majority interest in Wing Hang. In 1979, the Head Office Building was re-developed to provide modern facilities for its operations.