OCBC Bank was established 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. 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. It has over 610 branches and representative offices in 18 countries and regions. These include the more than 330 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and more than 110 branches and offices in Hong Kong, China and Macau under OCBC Wing Hang.OCBC Bank has had a rich history in Myanmar for over 60 years, having first operated as a branch for 40 years from 1923, and subsequently as a representative office in Yangon since 1994. OCBC Yangon branch offers banking services including cash management, project financing, working capital financing and trade finance, as well as treasury and capital markets advisory and services to foreign companies and joint ventures, as well as domestic banks in Myanmar.