OCBC Reports Record Wealth And Insurance Income
OCBC, Singapore's second largest bank, reported a 5% year-on-year increase in net profit for the January to March quarter, reaching 1.97 billion Singapore dollars. The bank's income from wealth and insurance businesses hit record levels during this period.
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Sources · 7 independent
CNA938 Singapore
“Net profit for the January to March quarter rose 5% on year to 1.97 billion Singapore dollars. That is higher than in the previous quarter and also beats market estimates.”
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