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OCBC expects impact from tepid housing market in H2 2015

Q3 net profit - including one-off gain and Wing Hang contribution - up 62% at S$1.23b


OVERSEA-CHINESE Banking Corporation (OCBC) expects the impact of fewer new housing loans in Singapore to be reflected in the second half of next year, its chief executive Samuel Tsien said on Thursday.

But the Wing Hang Bank acquisition could offer some buffer in this...

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