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Q1 2020 Oversea-Chinese Banking Corporation Ltd Earnings Media Briefing Transcript
Okay. Good morning. Welcome to OCBC's First Quarter Results. We do have Sam and Darren with us. So as usual, we're going to take questions, and we will call out your name, and then you can ask your questions, but we will first have Darren taking us through our slides first.
Hi, good morning. Thank you for joining the call. This quarter marks the start of our voluntary results update following SGX's removal of the mediatory quarterly reporting this year, and we will continue to do so in our first quarter and third quarter results. And through this voluntary update, OCBC is committed to provide the investment community and its credit reporters with timely relevant information over and beyond the full disclosures for half year and full year results.
I'll move on to the results proper on Slide 2. For the first quarter of 2020, OCBC Group reported a net profit of SGD 698
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