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OCBC's Q2 up 14%, ahead of estimates

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Published Fri, Jul 31, 2015 · 09:50 PM
OCBC

Singapore

OCBC Bank reported a 14 per cent gain in Q2 net profit to S$1.05 billion reaping the benefits of its Wing Hang acquisition and due to higher fee income.

Its quarterly record S$1.05 billion profit beat the average forecast of S$969 million in a Bloomberg survey of eight analysts.

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