SG lender reports $1.45-B Q2 profit

By Reuters

Aug 03, 2024 12:12 am

SINGAPORE — Singapore's second-largest bank Oversea-Chinese Banking Corp. (OCBC) reported on Friday a stronger-than-expected 14-percent year-on-year jump in second-quarter (Q2) net profit and said it was firmly on track to meet its 2024 targets.

'As we look ahead, we are alert to the heightened level of geopolitical uncertainties,' OCBC's Group Chief Executive Officer Helen Wong said in a statement.

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