# OCBC CEO Tan Teck Long sees long-term potential in wealth business

https://mins.news/en/video/15903

- CNA, 2026-08-07 07:28 UTC
- Economy
- Original: https://www.youtube.com/watch?v=Qr1pNirel8Q

> Singapore lender OCBC reported a record quarterly profit of S$2.22 billion in the second quarter, an increase of 22 per cent from a year earlier. Revenue from wealth management and other fee-based activities helped cushion the impact of lower interest rates. Group CEO Tan Teck Long said the bank remains confident about the wealth business’s long-term prospects. He added that OCBC intends to keep investing in the area despite swings in financial markets.

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