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BGA Result

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Preston
Super Contributor
Not sure how the market will react to BGA results. BGA results does not seem too impressive to me.
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2 REPLIES 2
gareth01
Regular Contributor
Totally agree with you (SA results look weak, if you consider non-interest income weak, and interest income slight up (but I would be cautious as consumer credit card and instalments sales up, plus corporate overdrafts loans up above inflation rates)......rest of AFrica operations seem ok. BUT Cost to income was supposed to be a priority focus - and it increases to 56%. I hope to see some RED on BGA today....
0 Kudos
gareth01
Regular Contributor
Totally agree with you (SA results look weak, if you consider non-interest income weak, and interest income slight up (but I would be cautious as consumer credit card and instalments sales up, plus corporate overdrafts loans up above inflation rates)......rest of AFrica operations seem ok. BUT Cost to income was supposed to be a priority focus - and it increases to 56%. I hope to see some RED on BGA today....
0 Kudos