OCBC Q4 profit jumps 34% to $1.24b, beating estimates

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SINGAPORE (REUTERS) - Oversea-Chinese Banking Corp beat market estimates with a 34 per cent rise in quarterly profit on Friday, helped by an improvement in its net interest margin.. Read more at straitstimes.com.

SINGAPORE - Oversea-Chinese Banking Corp beat market estimates with a 34 per cent rise in quarterly profit on Friday, helped by an improvement in its net interest margin.

"Looking ahead, the global economic outlook is expected to be weaker than originally expected," OCBC CEO Samuel Tsien said in a statement.

 

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