China reopening likely to mitigate tightening NIM: OCBC chief Helen Wong

CHINA’S reopening will likely boost OCBC’s wealth and trade segments to mitigate the tightening of net interest margins, said the lender’s chief executive Helen Wong.

In an interview with The Business Times, Wong was optimistic that the bank’s operations across Greater China and the Asean region can allow it to capture fund flows in areas including wealth, investment and trade.

This comes as interest rates have likely peaked, even though stabilising interest rates should continue to contribute to net interest income.