Regardless the increase in operating profit for Oversea-Chinese Banking Corp (OCBC) or the resilient performance of United Overseas Bank’s (UOB) regional subsidiaries or the strength of DBS Group Holdings’ net interest income and non-interest income; the banks made huge amounts of provisioning in 2QFY2020 and 1HFY2020 which impacted their bottom lines.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe