OCBC

The local lenders are staying focused on wealth growth and selective lending despite margin pressures, market uncertainty

However, non-interest income is down on the back of weaker investment performance by insurance arm Great Eastern

They are a popular choice among the bank’s wealth clients, with bond AUM rising 12% year on year

All three local lenders trade lower on Monday morning

The investment outlook is expected to remain challenging in the near-to-medium term, the group says

Analysts expect interest margins to stay under pressure, but asset quality and capital positions to hold firm

This is the first time a Singapore bank is among the top three; DBS is ranked 23rd, and UOB, 187th

Four pairs of champions were crowned across the three-day tournament’s different categories

ATM and card services unaffected, and customers’ monies remain safe, says the bank