Project On Oriental Bank Of Commerce
Introduction
Oriental Bank of Commerce India was established in the year 1943 on 19th February in Lahore. After partition, Oriental Bank of Commerce shifted its Registered Office from Lahore to Amritsar paying every rupee to its departing customers. Oriental Bank of Commerce was nationalized on 15th April in 1980. Then OBC bank had 307 branches with Rs. 282.61 crores as deposits and as advance Rs. 152.69. The National Institute of Bank Management (NIBM), rated OBC Bank as “Customer Friendly” Bank.
Oriental Commercial Bank Limited is licensed by the Central Bank of Kenya as a commercial Bank to carry out banking activities under Banking Act Chapter 488 of the Kenyan laws. The Bank started its’ operations in the year 2002, with new investments and Board of Directors, by taking over the assets and liabilities of the erstwhile Delphis Bank, from Central Bank of Kenya. It is a middle sized Bank and one of the financially robust Banks in, Kenya in terms of shareholders fund and liquidity.
Oriental Commercial Bank Ltd Head Office
- Finance House, Koinange Street- Nairobi
A Branch Network Of Four Branches In Major Towns Namely
- Nairobi
- Nakuru
- Eldoret
- Kitale
Title – Oriental Bank of Commerce
Author –
College –
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