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OCBC's 3Q earnings rise 12% to $1.06 bil on broad-based growth across key markets and businesses

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OCBC's 3Q earnings rise 12% to $1.06 bil on broad-based growth across key markets and businesses

Stanislaus Jude Chan Published on Thu, Oct 26, 2017 / 8:09 AM GMT+8

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SINGAPORE (Oct 26): Oversea-Chinese Banking Corporation (OCBC) posted a 12% increase in earnings to $1.06 billion for the 3Q ended September, from $943 million in the same period a year ago.

The strong performance was driven by sustained momentum across the group’s banking, wealth management and insurance businesses.

Net interest income grew 12% to $1.38 billion in 3Q17, from $1.23 billion a year ago.

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OCBC's 3Q earnings rise 12% to $1.06 bil on broad-based growth across key markets and businesses

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OCBC's 3Q earnings rise 12% to $1.06 bil on broad-based growth across key markets and businesses

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OCBC's 3Q earnings rise 12% to $1.06 bil on broad-based growth across key markets and businesses

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OCBC's 3Q earnings rise 12% to $1.06 bil on broad-based growth across key markets and businesses

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