OCBC 3Q Net Profit Rose 19% on Lower Allowances
OCBC 3Q Net Profit Rose 19% on Lower Allowances
By P.R. Venkat
作者：P.R.Venkat
Oversea-Chinese Banking Corp.'s third-quarter net profit rose 19% on year supported by lower allowances and higher interest income.
华侨银行(Overseas-Chinese Banking Corp.)第三季度净利润同比增长19%，得益于较低的津贴和较高的利息收入。
Net profit for the quarter was 1.22 billion Singapore dollars (US$904.51 million) and net interest income was vat S$1.46 billion, OCBC said Wednesday.
华侨银行周三称，当季净利为12.2亿新加坡元(9.0451亿美元)，净利息收入为14.6亿新加坡元。
Total income during the quarter was marginally higher at S$2.56 billion compared with S$2.54 billion a year earlier.
该季度总收入为25.6亿新元，略高于去年同期的25.4亿新元。
In the first nine months of the year, allowances for loans and other assets was only S$555 million compared with S$1.76 billion year earlier due to the impact of Covid-19.
今年前九个月，由于新冠肺炎的影响，贷款和其他资产的拨备仅为5.55亿新元，而去年同期为17.6亿新元。
"We remain positive on the long-term outlook but are watchful of the near-term headwinds from the pandemic," OCBC Chief Executive Helen Wong said.
华侨银行(OCBC)首席执行官海伦·王(Helen Wong)表示：“我们对长期前景保持乐观，但对疫情带来的短期逆风保持警惕。”
Write to P.R. Venkat at venkat.pr@wsj.com
写信给P.R.Venkat：venkat.pr@wsj.com