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Global Market: Singapore's OCBC, UOB Q2 profits rise as wealth business cushions impact of lower interest rates

Singapore's OCBC and UOB banks have exceeded expectations with their second-quarter earnings, showcasing resilience amid lending income challenges. OCBC achieved a record quarterly net profit, while UOB surpassed analyst forecasts. The first half saw substantial growth in wealth management income, prompting both banks to declare higher interim dividends for their shareholders based on these impressive results.

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channelnewsasia.com21 h fa

OCBC, UOB post higher Q2 profit on stronger fee income

OCBC posted a 22 per cent rise in second-quarter net profit, while UOB saw a 10 per cent increase in net profit in the second quarter, helped by record wealth fees.

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Global Market: Singapore's OCBC, UOB Q2 profits rise as wealth business cushions impact of lower interest rates

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OCBC, UOB post higher Q2 profit on stronger fee income

Timeline cronologica

Singapore: Banks expect resilient Q2 earnings, with wealth management margins and revenues in focus.

DBS declares 81 cents dividend on strong Q2 profit

Singapore banks report strong profits amid interest rate uncertainty

OCBC Q2 profit jumps 22%, shareholders get 47-cent dividend

Global Market: DBS raises full-year outlook as record Q2 profit beats estimates

Singapore: Banks expect resilient Q2 earnings, with wealth management margins and revenues in focus.

DBS shares scale record high as bank lifts forecast after profit beat

DBS posts record Q2 profit, raises 2026 guidance

Singapore's DBS lifts outlook as wealth business drives hopes

Global Market: DBS raises full-year outlook as record Q2 profit beats estimates

OCBC Q2 profit jumps 22%, shareholders get 47-cent dividend

UOB Q2 profit rises 10%, declares 88-cent interim dividend

UOB to pay 88-cent interim dividend as Q2 profit rises 10%

OCBC, UOB post higher Q2 profit on stronger fee income

Singapore banks report strong profits amid interest rate uncertainty

Global Market: Singapore's OCBC, UOB Q2 profits rise as wealth business cushions impact of lower interest rates