The rapidly changing COVID-19 pandemic situation has caused market volatility and recession fears to Asian markets. Ms Carmen Lee, Head of OCBC Investment Research expects key countries to provide some comfort in Q2 2020. Go to https://www.ocbc.com/group/media/release/2020/why-fiscal-support-could-be-the-silver-lining-in-a-time-of-turmoil.html to find out more. | OCBC
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OCBC Bank’s net profit from the last quarter of 2020 rose by 10% compared to the third quarter, reflecting the tenacity and resilience of its diversified franchise which positioned the Bank well in capturing the gradual growth in certain business sectors. | OCBC
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Our net profit for the 1st half of 2020 was $1.43b, a 42% drop from 2019’s results largely due to prudently setting aside higher allowances for expected credit losses due to the economic fallout from Covid-19. | OCBC
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10K views · 65 reactions | Assets such as equities, bonds and even gold piled on gains in 2019 despite global uncertainty and trading volatility. Ms Carmen Lee, Head of OCBC Investment Research, shares what’s in store for investors in the year ahead. | OCBC | Facebook
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