SINGAPORE: Singapore's second-largest bank, Oversea-Chinese Banking Corp, said it expects loan growth to moderate in 2025 after posting a smaller-than-expected rise in fourth quarter profit and unveiling a S$2.5 billion ($1.87 billion) capital return.
OCBC was the only bank to miss forecasts in an otherwise strong fourth quarter earnings season for Singapore banks, which declared multi-billion capital return packages alongside their financial results, sending their shares to record-highs.
