SUBSCRIBERS
Loans growth at OCBC's Chongqing branch triples y-o-y in Nov
Published Fri, Jan 13, 2017 · 09:50 PM
Singapore
OCBC said on Friday that loans growth at its Chongqing branch (operated by wholly owned subsidiary OCBC Wing Hang China) has tripled year-on-year in November 2016 as a result of increased business activity.
The bank attributed the latter to the Chongqing Connectivity Initiative (CCI), which was launched in November 2015 to promote cooperation between Singapore and Chongqing on multiple fronts, including financial services.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Frasers Property H1 profit slides 81% on property value losses, lower residential contributions
US bill to restrict WuXi AppTec, Chinese biotechs revised to give more time to cut ties
Barclays cuts jobs in energy transition team it only just built
UMS Holdings Q1 net profit drops 44% to S$9.8 million
SIA Engineering H2 profit rises 11.5% to S$37.8 million on robust aviation MRO demand
Great Eastern shares jump 39% as OCBC mounts S$1.4 billion privatisation bid at S$25.60 per share