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“Digitalisation efforts paid off royally” for WM businesses at OCBC in 2020

The wealth management business shone brightly in 2020 for OCBC Group, thanks to the digitalisation effort which “paid off royally” for both Bank of Singapore as well as the group’s wealth management businesses in consumer and premier banking. The OCBC Group on Wednesday announced its 2020 annual results. Despite a 5.7% YoY drop in the Group’s overall fee income, wealth…

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