The Business Times
business-time-50

Impact of tariffs, trade restrictions not fully played out, but no systemic risk yet: OCBC

The bank has been able to navigate the uncertainty ‘quite well’, and still sees growth in sectors such as digital infrastructure: deputy CEO

Summarise
Tan Nai Lun

Tan Nai Lun

Published Fri, Nov 7, 2025 · 04:08 PM
    • OCBC’s net profit is flat at S$1.98 billion for its third quarter, beating the S$1.79 billion consensus forecast in a Bloomberg survey.
    • OCBC’s net profit is flat at S$1.98 billion for its third quarter, beating the S$1.79 billion consensus forecast in a Bloomberg survey. PHOTO: REUTERS

    [SINGAPORE] OCBC is still monitoring the impact of tariffs and trade restrictions, as it likely has not fully filtered through the economy.

    But the bank has been able to navigate the uncertainty “quite well”, and still sees growth in certain sectors, said deputy chief executive Tan Teck Long.

    Group CEO Helen Wong added that the lender is comfortable with the quality of its portfolio, given that it has not seen any systemic risks.

    OCBCSingapore banksFinancial results

    TRENDING NOW

    From shy teenager to outspoken philanthropist, Chloe Tong has come a long way.

    Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose

    HDB said the listed price of S$2.18 million for the flat at 93B Telok Blangah Street 31 was “significantly higher” than comparable transactions in the area.

    HDB reviewing ‘jumbo’ flat scheme after Telok Blangah unit listed for sale at S$2.18m

    From left: Pham Nhat Quan Anh, Pham Nhat Vuong, Pham Thu Huong and Pham Nhat Minh Hoang. The couple (centre) remain senior figures in Vingroup, with their children’s presence in the ecosystem growing.

    He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons

    The judge also rejected Radiant World’s argument that a claim against Glencore for about US$2 billion should be regarded as a “realisable asset”.

    Singapore judge raises doubts iron ore trader Radiant World is owed US$1 billion

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More