OCBC's growth dampened as US Fed cuts rate

Submitted By:  Staff Reporter Case Study:  No NIM forecast has been slashed to 1.68% as NPL ratio could rise to 1.9%. OCBC’s net interest margin (NIM) is expected to shrink due to the US Federal Reserve’s federal funds rate (FFR), with provision assumptions likely to raise over global travel restrictions, according to a RHB report. read more