Article: OCBC BANK (CHINA) PERSONAL BANKING 08 PROFIT SOARED 180%


AsiaInfo Services
03-30-2009
OCBC Bank (China) Personal Banking 08 Profit Soared 180%

SHANGHAI, Mar 30, 2009 (SinoCast Daily Business Beat via COMTEX) -- Personal banking of OCBC Bank (China) Ltd. saw 2008 profit hike by more than 180 percent and it will make efforts to propel bancassurance service, said an executive from the bank.

As one of the second wave of China incorporations, OCBC Bank (China) only set up outlets in Shanghai and Chengdu. Besides the performance growth, staff for the personal banking expanded by 80 percent last year although there was global financial meltdown.

The personal banking will maintain prudent development strategy and further strengthen businesses in the two ...

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