OCBC, UOB post higher Q2 profit driven by stronger fee income

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Finance

7 August 2026 at 7:56 am

OCBC, UOB post higher Q2 profit driven by stronger fee income

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Summary

OCBC reported a 22 percent increase in its second-quarter net profit, while UOB saw a 10 percent rise in net profit for the same period. Both banks attributed their higher profits to stronger fee income, with UOB also noting record wealth fees.

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