The first quarter enjoyed stronger-than-expected interest rate tailwinds and resilient asset quality trends thus enabling the management to upgrade both its short and mid-term profitability objectives which are now expected to meet levels unseen since before the great financial crisis.

05 May 2023
Back to pre-GFC profitability levels

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Back to pre-GFC profitability levels
- Published:
05 May 2023 -
Author:
David Grinsztajn -
Pages:
2 -
The first quarter enjoyed stronger-than-expected interest rate tailwinds and resilient asset quality trends thus enabling the management to upgrade both its short and mid-term profitability objectives which are now expected to meet levels unseen since before the great financial crisis.