OCBC Posts FY Net Profit Of S$3.59 Bln

Oversea-Chinese Banking Corporation Ltd :Fy Net Profit Fell 26 Percent To S$ 3.59 Billion.For Fy 2020, A Final Dividend Of 15.9 Cents Per Share Proposed.Q4 Net Interest Income S$1,436 Million Versus S$1,610 Million.As At Dec 31, Cet1 Ratio 15.2%.As At Dec 31, Npl Ratio 1.5%.Q4 Net Interest Margin 1.56% Versus 1.77%.Q4 Group Net Profit S$1,131 Million Versus S$1,243 Million.Looking For Opportunities To Capitalise On Signs Of Sectorial Recovery.Compared To 2020, Economic And Operating Conditions In 2021 Are Expected To Be Better.