Inter aims for 30% ROE in Brazil

The bank’s chief financial officer says Inter is moving into an expansion phase, following an ambitious and aspirational ‘north star’.

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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