# Oversea-Chinese Banking Corp said on Monday its Indonesian unit has agreed to acquire certain assets and liabilities of HSBC's wealth and premier banking portfolio in Indonesia.

*fintech · news · 2026-05-04 · Nikkei Asia*

## Key points

- OCBC Indonesia will acquire HSBC Indonesia's International Wealth and Premier Banking portfolio, adding 336,000 customers.
- The transferred portfolio includes S$6.6 billion in assets under management and about 1,300 staff.
- The purchase price will include a premium of up to S$480 million, finalized after completion.
- The transaction is expected to close in Q2 2027 and increase OCBC Indonesia’s AUM by 25%.

**Companies:** Oversea-Chinese Banking Corp, PT Bank OCBC NISP
**Countries:** Singapore, Indonesia

[Read the full story on Nikkei Asia](https://asia.nikkei.com/business/business-deals/singapore-s-ocbc-to-buy-hsbc-wealth-premier-banking-portfolio-in-indonesia)

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