provisioning

Banking & finance

Large amounts of general provisioning

Regardless the increase in operating profit for Oversea-Chinese Banking Corp (OCBC) or the resilient performance of United Overseas Bank’s (UOB) regional subsidiaries or the strength of DBS Group Holdings’ net interest income and non-interest income;

Singapore bank shareholders, brace for more pain: Bloomberg Gadfly

SINGAPORE (Feb 16): Singapore banks' problem with oil and gas services firms has just stepped up a notch.
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