OCBC 2Q Net Income Beat Estimates

The video discusses the current state of the banking sector, highlighting a 22% increase in net income for a major Southeast Asian bank, surpassing analyst expectations. It explores the role of wealth management and acquisitions in offsetting slow loan growth. The video also addresses challenges like bad loans linked to the oil and shipping industry slump, with a focus on the bank's NPL ratio and its implications.

What was the percentage increase in net income for the bank in the second quarter?

• 15%

• 22%

• 10%

• 5%

Which acquisition helped boost the bank's wealth management operations?

• HSBC Wealth Units

• Barclays Wealth Units

• Standard Chartered Wealth Units

• Citi Wealth Units

How many places did the bank's private banking unit climb in the rankings among Asia's largest private banks?

• 5 places

• 4 places

• 3 places

• 2 places

What industry slump has contributed to the bad loans issue for banks?

• Technology

• Oil and Shipping

• Retail

• Real Estate

What is the current NPL ratio for the bank?

• 2.0%

• 0.8%

• 1.5%

• 1.2%