February 20, 2018 / 4:30 AM / 3 months ago

BRIEF-Hang Seng Bank Says FY Attributable Profit Rises 23 Pct To HK$20.02 Billion

Feb 20 (Reuters) - Hang Seng Bank Ltd:

* FOURTH INTERIM DIVIDEND OF HK$3.10 PER SHARE

* CAPITAL EQUITY TIER 1 CAPITAL RATIO WAS 16.5% AT 31 DECEMBER 2017

* FY NET INTEREST INCOME HK$24.58 BILLION VERSUS HK$22.25 BILLION

* “WITH MAINLAND ECONOMY NOW SETTLING INTO `NEW NORMAL’ ERA OF DEVELOPMENT, FORECAST FULL-YEAR GDP GROWTH OF 6.6% FOR 2018”

* EXPECTS FULL-YEAR GDP GROWTH IN HONG KONG TO SLOW SLIGHTLY TO 2.8% FOR 2018

* “GROUP MAINTAINS A CAUTIOUS OUTLOOK ON CREDIT ENVIRONMENT” Source text for Eikon: Further company coverage:

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