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OCBC posts 21% rise in Q4 gain; sees weak loan growth ahead

OCBC becomes most well-capitalised bank in Singapore, ends 2015 with core equity tier-1 at 11.8%

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OCBC expects weak loan growth, and a small lift in lending margins for 2016 amid the challenging market environment, its chief executive Samuel Tsien said on Wednesday as the bank reported a 21 per cent jump in net profit for the fourth quarter.

Singapore

OCBC expects weak loan growth, and a small lift in lending margins for 2016 amid the challenging market environment, its chief executive Samuel Tsien said on Wednesday as the bank reported a 21 per cent jump in net profit for the fourth quarter.

But amid concerns over