Brief: Banca Sistema Sees In 2023 RoTE Above 16% And CET1 Ratio Above 12%

Banca Sistema

25/03/2021 13:15

March 25 (Reuters) - Banca Sistema SpA  BSTA.MI :
    * APPROVED 2021-2023 STRATEGIC PLAN
    * SEES IN 2023 ROTE >16% AND CET1 RATIO > 12%
    * TARGETS IN 2023 FACTORING: LOANS TO GROW TO 2.6 BILLION (2020-2023 CAGR: +20%) AND 
VOLUMES TO
4.8 BILLION (2020–2023 CAGR: +16%)
    * PAWN LOANS: LOANS ARE EXPECTED TO GROW TO 150 MILLION (2020–2023 CAGR: +23%)
    * CQ LOANS (SALARY- AND PENSION-BACKED LOANS): LOANS ARE EXPECTED TO GROW TO 1.3  BILLION
(2020–2023 CAGR: +11%)

Source text for Eikon:  ID:nBIA3HZ2qt 
Further company coverage:  BSTA.MI 

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