Brazilian digital bank Inter believes it can hit a return on equity (ROE) target of 30% by 2027.
That figure is higher than the best ROE recorded in the Brazilian market in the third quarter of 2022, Itaú’s 21.6% – and a huge leap on the -1.7% figure recorded by Inter in the third quarter of 2022.
Nevertheless, Helena Caldeira, chief financial officer of Inter, tells Euromoney that the bank is confident in meeting this five-year plan.
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