Oversea-chinese Banking — H1 2024 Earnings Presentation

5 slides from Oversea-chinese Banking's earnings presentation, Aug 2, 2024

Slide 1: Group Chief Executive Officer Remarks
Group Chief Executive Officer Remarks Helen Wong, Group Chief Executive Officer 2 August 2024 OCBC Financial Results
Slide 2: Results overview: A record 1H24 performance
Results overview A record 1H24 performance ❑ First half earnings underpinned by growth across all key businesses ❑ Broad-based income growth. NII and wealth management income at new highs ❑ CIR improved to 37.5% on positive operating jaws ❑ Loan growth resilient – led by ASEAN and international netw
Slide 3: On target to deliver on strategic priorities
Strategic priorities On target to deliver on strategic priorities Support ASEAN-Greater Unlock value from Drive transition to Capture rising Asian China trade and New Economy and sustainable wealth investment flows high-growth industries low-carbon world 8% >2x 31% S$63 billion Increase in Increase
Slide 4: Outlook: Firmly on track to meet 2024 targets
Outlook Firmly on track to meet 2024 targets ❑ NIM in the range of 2.20% to 2.25% ❑ Low single-digit loan growth ❑ Credit costs between 20 to 25 bps ❑ 50% dividend payout 4
Slide 5: Thank you
Thank you Disclaimer: This presentation should be read as an overview of OCBC’s current business activities and operating environment which may contain statements relating to OCBC’s growth strategy and future business aspirations. This presentation contains “forward-looking statements”, which are ba