Nov 03, 2021 / NTS GMT
Ching Ching Koh - Oversea-Chinese Banking Corporation Limited - Head of Group Brand & Communications
Welcome to our results briefing this morning with Helen and Darren, our CFO; and Helen, our Group CEO with us. You can see them on screen. Darren is going to take us through the slides and then Helen will take the questions thereafter. Darren, please.
Siew Peng Tan - Oversea-Chinese Banking Corporation Limited - Executive VP & CFO
Yes. Good morning, Ching. Thank you for joining us, everyone.
So we'll start with Slide 3. Now for the third quarter of 2021, we reported a net profit of SGD 1.22 billion that's an increase of about 19% from year ago and 5% higher than the previous quarter. Customer loans were higher from a year low at 6%, driven by both consumer loan (technical difficulty) across our key markets, and this resulted in a 3% increase year-on-year in our net interest income but needs to be sustained to more interest rate environment.
Okay. I've been sort of passed a message by Ching Ching that I should speak louder. Okay, I'll
Q3 2021 Oversea-Chinese Banking Corporation Ltd Earnings Press Conference Transcript
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