Bad loans unlikely to rise to global financial crisis levels: OCBC CEO
Customers have stronger fundamentals; central banks ensuring sound banking systems
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Singapore
OCBC Bank's chief executive says non-performing loans will not rise to "a level of grave concern" as customers have stronger fundamentals to see them through a down cycle.
With the slowdown in regional economies, lower demand from China and higher interest rates, non-performing loans (NPLs) have come under scrutiny.
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