UPDATE 1-Singapore bank OCBC’s Q1 profit tumbles 43% to 7-yr low on virus charges
Oversea-Chinese Banking Group’s
first-quarter net profit slumped 43% to its lowest
level in seven years as Singapore’s second-largest lender more
than doubled its loan loss charges due to the coronavirus
pandemic.
first-quarter net profit slumped 43% to its lowest
level in seven years as Singapore’s second-largest lender more
than doubled its loan loss charges due to the coronavirus
pandemic.
Posted by Reuters
