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
[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.
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10