May 7 (Reuters) - Oversea-Chinese Banking Corporation Ltd :
* NET PROFIT AFTER TAX OF S$1.11 BILLION FOR Q1 OF 2018, UP 29 PERCENT
* QTRLY NET INTEREST INCOME FOR Q1 GREW 11 PERCENT TO S$1.42 BILLION
* QTRLY NET INTEREST MARGIN ROSE 5 BASIS POINTS TO 1.67 PERCENT FROM 1.62 PERCENT A YEAR AGO
* TOTAL ALLOWANCES FOR LOANS AND OTHER ASSETS FOR 1Q18 WERE S$12 MILLION VERSUS S$168 MILLION A YEAR AGO
* GROUP’S NON-PERFORMING LOANS RATIO 1.4 PERCENT AS AT 31 MARCH 2018, AS COMPARED TO 1.3 PERCENT PREVIOUS YEAR
* AT MARCH-END, COMMON EQUITY TIER 1 CAPITAL ADEQUACY RATIO OF 13.1 PERCENT, AND TIER 1 AND TOTAL CAR OF 14.2 PERCENT AND 15.8 PERCENT RESPECTIVELY
* “REMAIN VIGILANT TO GEO-POLITICAL EVENTS INCLUDING INCREASED GLOBAL TRADE TENSIONS” Source text for Eikon: Further company coverage:
