The quarter enjoyed a stronger-than-expected net interest margin recovery. The confirmed 2025 net profit objective could be at reach as soon as this year as the top line will continue to be supported by past and pending interest rate hikes, cost inflation will be capped by ongoing cost savings and loan impairments will mechanically decrease.
03 Feb 2023
Secured 2023 profits
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Secured 2023 profits
- Published:
03 Feb 2023 -
Author:
David Grinsztajn -
Pages:
3
The quarter enjoyed a stronger-than-expected net interest margin recovery. The confirmed 2025 net profit objective could be at reach as soon as this year as the top line will continue to be supported by past and pending interest rate hikes, cost inflation will be capped by ongoing cost savings and loan impairments will mechanically decrease.