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Abrdn PLC (LSE:ABDN) | RNS | Aberdeen Asian IncFd

Abrdn PLC (LSE:ABDN) | RNS | Aberdeen Asian IncFd
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Abrdn PLC (LSE:ABDN) | RNS | Aberdeen Asian IncFd

Abrdn PLC (LSE:ABDN) | RNS | Aberdeen Asian IncFd
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Singapore banks report strong profit growth, loan losses decline

Singapore banks report strong profit growth, loan losses decline
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OCBC Bank headquarters at Chulia Street. (File photo: AFP)
04 Aug 2021 09:27AM
(Updated:
04 Aug 2021 09:30AM)
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SINGAPORE: Singapore lenders Oversea-Chinese Banking Corporation and United Overseas Bank beat quarterly profit estimates on Wednesday (Aug 4), driven by recovery in their core markets and lower provisions for loan losses.
Prospects in Singapore s banking sector have improved as a rebounding economy has boosted demand for mortgages and loans, while booming markets have bolstered the wealth management business.
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At the same time, benign credit costs indicate that banks have been able to manage asset quality in the face of the pandemic affecting businesses. ....

Helen Wong , Chinese Banking Corporation , United Overseas Bank , Group Holdings , Oversea Chinese Banking Corporation , Executive Helen Wong , ஹெலன் வோங் , சீன வங்கி நிறுவனம் , ஒன்றுபட்டது ஓவர்‌ஸீஸ் வங்கி , குழு ஹோல்டிங்ஸ் ,

Singapore banks report strong profit growth-568609

Singapore banks report strong profit growth-568609
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Helen Wong , Chinese Banking Corporation , United Overseas Bank , Oversea Chinese Banking Corporation , Executive Helen Wong , ஹெலன் வோங் , சீன வங்கி நிறுவனம் , ஒன்றுபட்டது ஓவர்‌ஸீஸ் வங்கி ,

OCBC Bank dividends & share price guide: Is it worth buying?

OCBC Bank dividends & share price guide: Is it worth buying?
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