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

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.

But OCBC CEO Samuel Tsien remains unfazed.

"We need to put this into the right co…