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SINGAPORE: Singapore's second largest bank Oversea-Chinese Banking Corp (OCBC) raised its targeted 2023 net interest margin, a key profitability gauge, after posting on Friday a better-than-expected 21% jump in third-quarter net profit.
ISLAMABAD: Benazir Income Support Programme (BISP) is launching skill development programmes for the children of ...
“The really good news for the bank is customer deposits are growing thick and strong for the bank, it is up like 44%. So, if not 44%, at least 40% is very much sustainable for the rest of the year. The route is very clear to us. As for ROA, there will be a year-on-year growth and it has moved out literally from 0 to 1 in four years.”
Commercial vehicle loan disbursements increased 14%, construction equipment 22%, and micro medium and small enterprises (MSMEs) increased 30% year-on-year.