You are here
OCBC posts 22% jump in Q2 earnings
Net profit rise to S$1.08b boosted by strong banking, wealth management and insurance operations
PHOTO: ZAOBAO
Singapore
OCBC Bank posted robust Q2 2017 net earnings on Thursday, kicking off the banks' reporting season, yet chief executive Samuel Tsien was not exactly popping champagne.
That's because the Singapore economy is "quite subdued" and "loan demand is not that strong domestically
GAIN ACCESS TO ALL BT PREMIUM CONTENT:
Or get a 2-week FREE trial
Need help?
- CALL +65 6388 3838
- EMAIL btocs@sph.com.sg
