(Finance) – “This is a bank with low credit risk and a business that has been diversified, which knows how to adapt when the external environment changes and which has worked hard on improving operational performance. We are therefore in good shape to remain a bank that knows how to adequately remunerate shareholders“. He stated it Frederik GeertmanCEO of Ifis Bankin the call with the financial community that followed the publication of the results for the first quarter of 2024.
“If we reach the net profit guidance of 160 million euros, we will distribute 110 million eurosas our dividend policy says – said the CEO – And the first quarter puts us in the right path to achieve the guidance”.
To those who asked him about the changes taking place in the food sector NPLGeertman responded that “different players have different strategies. There are acquisitions that are happening or have been announced, which are also separating different types of businesses. We still remain focus on a specific segment“.