The Business Times·3 min read·medium
OCBC raises 2026 loan growth forecast after Q2 profit jumps 22%, lifts dividend
R
Renald Yeo
✦AI Summary
OCBC Bank reported a record second-quarter net profit of S$2.22 billion, a 22% increase from the previous year. Consequently, the bank has raised its full-year loan growth forecast, citing strong performance in wealth management and corporate lending.
Higher guidance comes as wealth, trading and insurance offset pressure from lower interest rates
businesseconomy
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