Strong lending growth in Q2e, driven by Credit Cards. Operating profit up 1-3% for 2024e-2025e. Awaiting a better entry, reiterate HOLD.
06 Jul 2023
Loan loss worries to hold back sentiment
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Loan loss worries to hold back sentiment
- Published:
06 Jul 2023 -
Author:
ABGSC Financials Research | Patrik Brattelius | Jan Erik Gjerland -
Pages:
10 -
Strong lending growth in Q2e, driven by Credit Cards. Operating profit up 1-3% for 2024e-2025e. Awaiting a better entry, reiterate HOLD.