Home / business / OCBC profit falls 40%, rounds up cautious outlook for Singapore banks

OCBC profit falls 40%, rounds up cautious outlook for Singapore banks

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Singapore's secondlargest lender OverseaChinese Banking Corp reported a largerthanexpected 40% tumble in secondquarter net profit on Friday, hurt by loanloss provisions in a pandemichit market and a slowdown in customer activity.

from Top Business News- News18.com
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OCBC profit falls 40%, rounds up cautious outlook for Singapore banks OCBC profit falls 40%, rounds up cautious outlook for Singapore banks Reviewed by Team Exprssnews on August 06, 2020 Rating: 5

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