Singapore and Tokyo, Oct 2, 2019 - (ACN Newswire) - JCB International Co., Ltd. (JCBI), the international operations
subsidiary of JCB Co., Ltd. (JCB), and Overseas-Chinese Banking Corporation Limited (OCBC Bank), the longest established
Singapore bank, are pleased to announce a new partnership to broaden JCB Card acceptance in Singapore.
With the acceptance of JCB Cards, OCBC Bank reinforces its position as one of the leading acquirers and continues to
build momentum increasing its merchant base both in the physical and e-commerce space.
Through this partnership with OCBC Bank, the JCB Card acceptance network in Singapore is further enhanced to bring about
greater convenience for JCB Cardmembers in Singapore, Japan and other parts of North Asia, especially in China, South
Korea and Taiwan, and its fast growing issuing base in South East Asia.
Mr Desmond Tan, Head of Group Lifestyle Financing, OCBC Bank, said: "With OCBC's network of commercial partners,
including major supermarkets, department stores and dining outlets, this puts us in a great position to provide JCB
customers with more payment acceptance points. This new partnership with JCB is an indication of our continuing work to
establish a higher level of card acceptance that goes beyond Visa and Mastercard. JCB customers can now enjoy a greater
level of ease and an improved customer experience when it comes to card payments and this is an opportunity for OCBC to
extend our comprehensive credit card network to a new consumer base."
Mr Fumihiko Mitsuoka, Managing Director, JCB International Asia Pacific Pte. Ltd. said, "We are honoured to announce
this partnership with OCBC, which will allow all their merchants to develop their business through a wider choice of
payment schemes to attract more customers."
About OCBC
OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of
which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of
the world's most highly-rated banks, with an Aa1 rating from Moody's. Recognised for its financial strength and
stability, OCBC Bank is consistently ranked among the World's Top 50 Safest Banks by Global Finance and has been named
Best Managed Bank in Singapore by The Asian Banker.
OCBC Bank and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management
services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset
management and stockbroking services.
OCBC Bank's key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and
representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under
subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC
Wing Hang.
OCBC Bank's private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a
unique open-architecture product platform to source for the best-in-class products to meet its clients' goals.
OCBC Bank's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in
Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector
asset management companies in Southeast Asia. For more information, please visitwww.ocbc.com.
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