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OCBC earnings up 22% to $1.1 bil in 2Q

Jude Chan
Jude Chan • 3 min read
OCBC earnings up 22% to $1.1 bil in 2Q
SINGAPORE (July 27): Oversea-Chinese Banking Corporation (OCBC Bank) has posted earnings of $1.08 billion for the second quarter ended June, growing 22% from earnings of $885 million a year ago.
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SINGAPORE (July 27): Oversea-Chinese Banking Corporation (OCBC Bank) has posted earnings of $1.08 billion for the second quarter ended June, growing 22% from earnings of $885 million a year ago.

That compares with the $938 million average forecast in a Bloomberg survey of six analysts.

Earnings for the first half of 1H17 ended at $2.06 billion, 18% higher than earnings of $1.74 billion in 1H16.

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