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OCBC Third-Quarter Net Profit Rises 3% Year on Year

Oversea-Chinese Banking Corp said third-quarter net profit rose 3% year on year, citing record income, benign credit costs and higher profit from associates.

O39

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11:11:00 PM UTC
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Oversea-Chinese Banking 3Q Net Interest Income S$2.31B Vs. S$2.23B >O39.SG

By Rae WeeSingapore's Oversea-Chinese Banking Corp SGX:O39 posted on Friday a 3% rise in net profit in the third quarter from a year earlier, boosted by record income, benign credit costs and higher profit from associates.OCBC, Singapore's second-largest bank, said July-September net profit rose to…

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