Singapore lender OCBC’s Q1 profit slumps 43 pct on coronavirus charges
Oversea-Chinese Banking Corp
reported a 43% fall in first-quarter net profit, worse
than market estimates, as Singapore’s second-largest lender set
aside higher credit allowances to cover the impact of the
coronavirus pandemic.
reported a 43% fall in first-quarter net profit, worse
than market estimates, as Singapore’s second-largest lender set
aside higher credit allowances to cover the impact of the
coronavirus pandemic.
Posted by Reuters
