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channelnewsasia - 11 days ago

OCBC flags recovery signs after Q4 profit decline

SINGAPORE: Singapore s second-biggest listed-lender, Oversea-Chinese Banking Corp (OCBC), reported a 9 per cent decline in quarterly profit, dragged down by lower total income in pandemic-hit markets, but showed growth in its wealth business. OCBC s lower-than-expected fall in net profit came ...


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