You are here

Bad loans unlikely to rise to global financial crisis levels: OCBC CEO

Customers have stronger fundamentals; central banks ensuring sound banking systems

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-...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes