SINGAPORE, Nov 8 — Singapore’s Oversea-Chinese Banking Corp said it was firmly placed to achieve its 2024 targets after posting today a 9 per cent rise in third-quarter net...
In a shack off Old Klang Road, Restoran Lim Kee Sdn Bhd serves a superb bitter gourd fried ‘dong fun’ that tells a story of grit and perseverance
OCBC said it was set to achieve full-year net interest margin, a key profitability gauge, at around the 2.20 per cent level, as well as low single-digit loan growth, full-year credit costs in the range of 20 basis points and return on equity above 14 per cent. OCBC’s results rounded up a strong third-quarter earnings season by Singapore banks, which have benefited in recent years from higher global interest rates and strong inflows of wealth drawn by the city-state’s political stability.
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