Oversea-Chinese Banking Corporation (OCBC) posted a 9% y-o-y drop in core earnings to $1.13 billion in 4QFY2020 ended December, from $1.24 billion a year ago.

Quarter-on-quarter (q-o-q), this was 10% higher than 3QFY2020’s earnings of $1.03 billion.

The quarter’s earnings was also the highest in four quarters from improved operating conditions.

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