OCBC’s up to $7 billion excess capital may spark deals: Report

January 20, 2022 12:29 PM

SINGAPORE (BLOOMBERG) – Oversea-Chinese Banking Corp’s high capital levels may give South-east Asia’s second-largest lender as much as $7 billion in excess funds that could be used for acquisitions, according to Bloomberg Intelligence analyst Rena Kwok.

Source : https://www.straitstimes.com/business/banking/ocbcs-up-to-7-billion-excess-capital-may-spark-deals-report