Oversea-Chinese Banking Corporation Posts 33% Rise in Q1 Net Profit

Oversea-Chinese Banking Corporation Ltd :Q1 Net Profit Rose 33 Percent To S$1.5 Billion.Qtrly Net Interest Income S$1,441 Million Versus S$1,626 Million.Q1 Net Interest Margin 1.56% Versus 1.76%.At Q1-End, Npl Ratio 1.5%.Common Equity Tier 1 Capital Adequacy Ratio 15.5% As At March-End.Q1 Group’S Wealth Management Income Up 40% Qoq To S$1.21 Billion.