You are here


OCBC waits on Chinese regulators for acquisition strike

As the bank seeks to raise its stake in Bank of Ningbo, it posts a 1% rise in Q2 net profit


OCBC Group has, for now, left the door open on whether it would raise its 20 per cent stake in Bank of Ningbo - an acquisition option speculated by analysts as a means for the bank to boost its presence in Greater China.

Speaking to reporters and analysts as the bank on...

Market voices on: