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BANK EARNINGS

O&G issues yet to hit bottom, says OCBC; Q2 profit drops 15%

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OCBC Bank - which reported a 15 per cent fall in second-quarter net profit - has seen deepening issues in the oil-and-gas sector amid the oil rout, but does not see the stress broadening out, for now, said chief executive officer Samuel Tsien.

Singapore

OCBC Bank - which reported a 15 per cent fall in second-quarter net profit - has seen deepening issues in the oil-and-gas sector amid the oil rout, but does not see the stress broadening out, for now, said chief executive officer Samuel Tsien.

The bank, in taking a...

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