OCBC sees loan growth in "low teens" in 2014

SINGAPORE Thu Feb 13, 2014 10:03pm EST

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SINGAPORE Feb 14 (Reuters) - Oversea-Chinese Banking Corp Ltd expects loan growth to be in the percentage of "low teens" in 2014 after loans expanded at an 18 percent pace last year, CEO Samuel Tsien said at an earnings briefing.

He said he expects the net interest margins are likely to be stable at current levels of about 1.6 percent.

(Reporting by Saeed Azhar and Laura Philomin; Editing by Matt Driskill)