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The tariffs have also caused the Singapore dollar to strengthen considerably against the US dollar. Read more at straitstimes ...
Chinese Banking Corp (OCBC), Singapore's second largest bank, maintained 2025 guidance and set aside credit allowances, ...
OCBC's 1QFY2025 net profit of $1.88 billion meets expectations, boosted by fee and trading income, and GEH's contributions.
OCBC says first order impact on loans is 3% from tariffs; however, market volatility could help to boost fee income.
By Yantoultra Ngui SINGAPORE (Reuters) -Singaporean banks beefed up their buffers against potential loan losses that could ...
SINGAPORE] As OCBC reaches the deadline for its three-year target to achieve S$3 billion in incremental revenue by 2025, it ...
SINGAPORE] OCBC’s net profit for the first quarter fell on lower net interest income and higher operating expenses. Read more ...
Singapore's second-largest bank OCBC posted a five per cent drop in net profit to S$1.88 billion for the first quarter of ...
Singapore’s second largest bank, maintained 2025 guidance and set aside credit allowances, citing a challenging ...
UOB, the city state’s third-largest lender, posted a net profit of S$1.5 billion ( US$1.16 billion ), supported by its ...
Singaporean bank OCBC has secured a $56m insurance pay-out following a High Court ruling over the capsizing of an oil and gas ...
US Dollar (USD) short covering gathered pace vs. safe haven proxies. USDJPY was last at 145.30 levels, OCBC's FX analysts ...