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OCBC unlikely to move much on 4Q results

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Oversea-chinese Banking Corp. (O39.SG) is unlikely to get big boost from 4Q09 results released, given cautious broader market sentiment.

OCBC reported 67% year-on-year increase in 4Q09 net profit to $502 million driven by higher non-interest income on back of trading and investment gains and increased fee and commission income, as well as lower level of allowances and impairments.

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