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Home / Capital / Results

OCBC posts 6% drop in 3Q earnings to $1.17 bil as swelling provisions offset higher lending, wealth management income

Results

OCBC posts 6% drop in 3Q earnings to $1.17 bil as swelling provisions offset higher lending, wealth management income

Stanislaus Jude Chan Published on Tue, Nov 05, 2019 / 9:58 AM GMT+8

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SINGAPORE (Nov 5): Oversea-Chinese Banking Corporation (OCBC Bank) has reported earnings of $1.17 billion for the 3Q19 ended September, some 6% lower than the $$1.25 billion recorded a year ago.

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OCBC posts 6% drop in 3Q earnings to $1.17 bil as swelling provisions offset higher lending, wealth management income

Results

OCBC posts 6% drop in 3Q earnings to $1.17 bil as swelling provisions offset higher lending, wealth management income

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