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Brokers' take

Saturday, July 29, 2017 - 05:50

2017-05-08T014022Z_1188720516_RC1835FC1290_RTRMADP_3_OCBC-RESULTS.JPG
We are revising our loan-to-deposits ratio (LDR) forecast for OCBC from about 80 per cent to about 85 per cent as management indicated more flexibility to move the LDR higher.

OCBC Bank > Neutral
Phillip Securities Research, July 28
July 28 close: S$11.39
Target price: S$10.81

WE are revising our loan-to-deposits ratio (LDR) forecast for OCBC from about 80 per cent to about 85 per cent as

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