Oversea-Chinese Banking Corp Ltd (FRA:OCBA)
€ 11.47 -0.085 (-0.74%) Market Cap: 51.70 Bil Enterprise Value: 74.50 Bil PE Ratio: 9.81 PB Ratio: 1.27 GF Score: 70/100

Full Year 2021 Oversea-Chinese Banking Corporation Ltd Earnings Press Conference Transcript

Feb 23, 2022 / NTS GMT
Release Date Price: €8.25 (-4.07%)
Ching Ching Koh
Oversea-Chinese Banking Corporation Limited - Head of Group Brand & Communications

Good morning, everyone. Thank you for joining us virtually this morning for our 2021 full year results briefing as well as the fourth quarter 2021 results briefing.

On our panel today, we have our group CEO, Helen Wong; our CFO, Mr. Darren Tan; as well as our group Global Treasury, Mr. Kenneth Lai. We will start today's session with our CFO, Darren taking us through the slides. And there after we will have our CEO, Helen Wong, going through her presentation, and we'll take questions after that. Thank you.

Siew Peng Tan
Oversea-Chinese Banking Corporation Limited - Executive VP & CFO

Great. Thank you, Ching Ching. Good morning. Thank you once again for joining us. So I'll start with the page of the full year 2021 result presentation.

For the full year of 2021, OCBC Group achieved a net profit of SGD 4.86 billion. This is up 35% from the previous year and close to the pre-pandemic level of financial year 2019. Growth in noninterest income

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