Singapore bank OCBC posts big profit miss, hit by loan-loss provisions - News Tags

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Friday, August 07, 2020

Singapore bank OCBC posts big profit miss, hit by loan-loss provisions

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Singapore's secondlargest lender OverseaChinese Banking Corp reported a largerthanexpected 40% tumble in quarterly net profit on Friday, hurt by loanloss provisions in a pandemichit market and a slowdown in customer activity.

from Top Business News- News18.com https://ift.tt/3kkaFnE
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