Singapore's bank OCBC second-quarter net profit drops 7%, matches forecast
OCBC, also Southeast Asia's second-largest lender, posted net profit of S$1.82 billion ($1.40 billion) for the April-June period, down from S$1.94 billion a year earlier.
This, however, matched the mean estimate of nearly S$1.82 billion from three analysts polled by LSEG.
($1 = 1.2974 Singapore dollars)
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