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OCBC completes sale of 2 subsidiaries to NETS

Oversea-Chinese Banking Corp. Ltd. completed the sale of its entire 100% stake in Banking Computer Services Pvt. Ltd. and BCS Information Systems Pte Ltd. to Network for Electronic Transfers (Singapore) Pte Ltd.

Due to the sale, Banking Computer Services and BCS Information Systems have ceased to be subsidiaries of OCBC, according to a June 6 release.