OCBC CEO Expects Earnings Momentum to Continue Into 2018

The transcript discusses OCBC's financial performance, focusing on earnings sustainability, economic growth in Asia, and opportunities in banking and wealth management. It addresses risks in the loan portfolio, particularly in oil and gas, and outlines OCBC's strategy for acquisitions and growth. The bank's dividend policy and financial strategy are explained, emphasizing sustainable dividends and capital retention for growth. The impact of macroeconomic conditions and market trends on OCBC is also explored.

What was the reported economic growth rate for Singapore in 2017?

• 5.0%

• 3.6%

• 2.5%

• 4.2%

Which sector is highlighted as a key area for OCBC's growth strategy?

• Retail Banking

• Wealth Management

• Insurance

• Corporate Loans

What is the current status of OCBC's oil and gas loan portfolio?

• It is comfortably contained

• It is unchanged

• It is worsening

• It is improving rapidly

What recent acquisition did OCBC make to enhance its wealth management services?

• Barclays

• Standard Chartered

• HSBC

• Citibank

Why did OCBC decide not to issue a special dividend like its rivals?

• To focus on debt reduction

• To comply with regulatory requirements

• Due to poor financial performance

• To retain capital for growth opportunities

How has the return on equity changed from last year to this year for OCBC?

• Increased from 10% to 11.2%

• Decreased from 11.2% to 10%

• Remained at 10%

• Increased from 9% to 10%

What is the impact of rising money market rates on OCBC's operations?

• Increased loan defaults

• Negative impact on savings

• No impact

• Beneficial to banking operations