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Company type | |
---|---|
Predecessor | |
Founded | 26 December 1998 |
Defunct | 25 February 2002 |
Fate | Merged with Oversea-Chinese Banking Corporation |
Headquarters | Singapore |
Key people | Benedict Kwek (CEO) |
Services | Financial services |
Revenue | ![]() |
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Total assets | ![]() |
Parent | Keppel Capital Holdings Ltd (since 2001) [2] |
Keppel TatLee Bank ( Chinese: 吉宝达利银行; pinyin: Jíbǎo Dálì Yínháng) was a Singapore-based financial services organisation formed through a merger of Keppel Bank and Tat Lee Bank on 26 December 1998. [3] [4] It was acquired by Oversea-Chinese Banking Corporation (OCBC) in August 2001 and was integrated into OCBC Bank in 2002. [5]
The bank was formed on 26 December 1998 when Keppel Bank acquired another Singapore financial institution, Tat Lee Bank. [6] Keppel Bank was formed in 1990, when Keppel Corporation acquired the Asia Commercial Bank. [3] [4]
The bank formed a strategic alliance with Allied Irish Banks in 1999, which allowed AIB to take up a 24.9% stake in the bank. [7] In 2001, the bank was privatised and became a subsidiary of Keppel Capital Holdings Ltd (KCH), as part of a restructure of KCH. [2] Its parent company was then acquired by OCBC, operationally and legally integrated with it in 2002. [5]
Keppel Capital Holdings Ltd (KCH) and Keppel TatLee Finance Limited (KTF) have proposed a scheme of arrangement (the Scheme) to privatise KTF as a wholly owned subsidiary of KCH.
![]() | |
Company type | |
---|---|
Predecessor | |
Founded | 26 December 1998 |
Defunct | 25 February 2002 |
Fate | Merged with Oversea-Chinese Banking Corporation |
Headquarters | Singapore |
Key people | Benedict Kwek (CEO) |
Services | Financial services |
Revenue | ![]() |
![]() | |
![]() | |
Total assets | ![]() |
Parent | Keppel Capital Holdings Ltd (since 2001) [2] |
Keppel TatLee Bank ( Chinese: 吉宝达利银行; pinyin: Jíbǎo Dálì Yínháng) was a Singapore-based financial services organisation formed through a merger of Keppel Bank and Tat Lee Bank on 26 December 1998. [3] [4] It was acquired by Oversea-Chinese Banking Corporation (OCBC) in August 2001 and was integrated into OCBC Bank in 2002. [5]
The bank was formed on 26 December 1998 when Keppel Bank acquired another Singapore financial institution, Tat Lee Bank. [6] Keppel Bank was formed in 1990, when Keppel Corporation acquired the Asia Commercial Bank. [3] [4]
The bank formed a strategic alliance with Allied Irish Banks in 1999, which allowed AIB to take up a 24.9% stake in the bank. [7] In 2001, the bank was privatised and became a subsidiary of Keppel Capital Holdings Ltd (KCH), as part of a restructure of KCH. [2] Its parent company was then acquired by OCBC, operationally and legally integrated with it in 2002. [5]
Keppel Capital Holdings Ltd (KCH) and Keppel TatLee Finance Limited (KTF) have proposed a scheme of arrangement (the Scheme) to privatise KTF as a wholly owned subsidiary of KCH.