19 June 18
The Business Times by JAMIE LEE
OCBC, Singapore's second-largest bank, expects to hit at least S$1 billion in pre-tax profits from the Greater Bay Area - comprising Hong Kong and Macau, grouped with several cities in Guangdong province - by 2023.
This is double its current pre-tax profit level of S$500 million as at 2017, the bank announced.
The target will rest largely on OCBC's strategy of capturing ...more