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in Nanyang. Shelley Bank OCBC raises loan growth forecast, third quarter net profit up 3% to over 6.4 billion.

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南洋商报 Nanyang Siang Pau · · Source

in Nanyang. Shelley Bank OCBC raises loan growth forecast, third quarter net profit up 3% to over 6.4 billion.

in Nanyang. Shelley Bank OCBC raises loan growth forecast, third quarter net profit up 3% to over 6.4 billion.

CEO Chen Delong expects total revenue to achieve at least mid-single digit growth this year, and net interest income may be flat or slightly lower; credit costs are expected to be 15 to 20 basis points lower than previous forecasts.

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