Reuters, 18 Apr 2009, Kevin Lim
SINGAPORE, April 18 (Reuters) - Oversea-Chinese Banking Corp (OCBC.SI), the smallest of Singapore's three banking groups, has no need to raise funds to tide it through the recession, said Chairman Cheong Choong Kong, local media reported on Saturday.
Cheong told shareholders at an annual general meeting on Friday that OCBC has done "relatively well" and had no plans to raise capital.
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