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OCBC surprises with 5% rise in net profit after tax for Q3

Friday, October 28, 2016 - 05:50

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OCBC Bank on Thursday reported an unexpected rise in net profit after tax for the third quarter - up 5 per cent to S$943 million - boosted by higher wealth-management fees and increased earnings from insurance.

Singapore

OCBC Bank on Thursday reported an unexpected rise in net profit after tax for the third quarter - up 5 per cent to S$943 million - boosted by higher wealth-management fees and increased earnings from insurance.

Analysts polled by Bloomberg and Reuters had expected the

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