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Latest Articles in Singapore Bank

Singapore Bank OCBC's Profit Slides As It Builds Loan-Loss Defences

OCBC's net profit fell to S$698 million ($494 million) in the three months to March 31, from S$1.23 billion a year earlier and well below an average estimate of S$941 million from four analysts

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Singapore Bank OCBC Sees Virus Trimming Revenue By 2% This Year

OCBC reported a 34% rise in net profit to S$1.24 billion ($885.27 million) for October-December, helped by an improvement in its net interest margin.

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DBS Flags Small Impact From Coronavirus, Fourth-Quarter Profits Top Estimates

DBS, in which state investor Temasek Holdings holds a 30% stake, reported a 14% rise in net profit to S$1.51 billion for October-December versus S$1.32 billion a year earlier.

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Singapore Bank DBS Evacuates 300 Staff After Coronavirus Case Surfaces - Memo

Singapore has reported 47 cases of coronavirus, one of the highest number of cases outside China where it has already claimed over 1,100 lives.

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