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BRIEF-Oversea-Chinese Banking Corp Says Q4 Net Profit After Tax Down 11 PCT To S$926 Mln

Reuters SG
Updated

Feb 22 (Reuters) - Oversea-Chinese Banking Corporation Ltd :

* Q4 NET PROFIT AFTER TAX FELL 11 PERCENT TO S$926 MILLION

* Q4 NET INTEREST INCOME INCREASED 7 PERCENT YEAR-ON-YEAR TO S$1.52 BILLION

* PROPOSED FINAL DIVIDEND OF 23 CENTS PER SHARE

* Q4 NPL RATIO 1.5 PERCENT VERSUS 1.5 PERCENT

* AS AT DEC 31 2018 COMMON EQUITY TIER 1 RATIO 14.0 PERCENT VERSUS 13.6 PERCENT AS AT SEPT 30

* Q4 NET INTEREST MARGIN 1.72 PERCENT VERSUS 1.67 PERCENT

* GLOBAL ECONOMIC GROWTH EXPECTED TO SLOW ON CONCERNS OF CONTINUED TRADE AND GEOPOLITICAL TENSIONS, AMONG OTHERS Source text for Eikon: Further company coverage: