Banco Santander Brasil SA is likely to see its loan book grow by more than 10% per year through 2022 and maintain its current profitability ratio at 21%, Chief Executive Officer Sergio Rial said on Tuesday. Rial told analysts at an event at the bank’s headquarters in Sao Paulo that consumer lending will drive Santander’s loan book growth. Santander also disclosed in a securities filing that it sees its client base growing more than 7% per year until 2022. …read more
Source:: Yahoo Finance