Technology start-up, PlayMoolah, is today announcing that it is working financial institution, OCBC Bank.

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Dipak Jethwa, research head of OCBC Securities, says he expects metering will become a reality in the Philippines within two years.

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The bank, formed when OCBC in 2010 bought ING's Asia private- banking business, has increased its NRI assets under management by 20% annually.

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Tommy Xie works as an economist in Singapore for OCBC Bank.

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The current rally has driven up prices, but for the long term, Ang Lay Peng of Goldman Sachs still likes OCBC, one of the country's Big Four banks.

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In order to provide financial empowerment to more young people, PlayMoolah is partnering with financial institutions around the world and OCBC Bank is the first financial institution to sign up.

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PlayMoolah has its first bank partnership, with OCBC.

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"OCBC can absorb an NPL rate of 19.6% without impairing its book value, " says Salomon banking analyst John Doyle, who also favors UOB, which boasts the lowest NPL rate - 5.1% - among the Big Four.

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