CrediaBank Targets €325 Million Profit in Greece and Malta
CrediaBank aims for €325 million in profits and a RoTE above 18%, with strong growth in Greece and Malta. The bank is emerging as a Greek challenger bank, increasing its market share in all business segments.
According to the new strategic plan presented to analysts, CrediaBank anticipates significant organic growth and targets:
- >€14 billion net loans
- approximately 3.0% net interest margin (NIM)
- >€325 million recurring net profit
- €1.9 billion tangible book value
- >18% Recurring Return on Tangible Equity (Recurring RoTE)
More details are available at newmoney.gr.