KienBoon
11-09

Net interest income would be down naturally with interest rate moving downhill. 

Ocbc has shown resilient indeed with the increase of non interest income. Bank's businesses are really diversified. Hence they are able to pay good dividend to shareholders. How many companies in SG can earn like OCBC every FY. That is in terms of at least 7 bil + net income. 

Trust in the bank businesses indeed. Buy for the long term. Don't stop accumulating bank shares on a routine basis. Cheers. [Smile]  [Smile]  

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Comments

  • Athena Spenser
    11-10
    Athena Spenser
    Diversification saves the day! OCBC’s non-interest income shines bright.
  • jazzyloo
    11-10
    jazzyloo
    Absolutely love this perspective! [Heart]
  • Astrid Stephen
    11-10
    Astrid Stephen
    My long-term cash cow!
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