Q3 2024 Banking Earnings Wrap-up - Resilient earnings growth despite NIM contraction
  • 05 Nov 2024
  • Sector Reports
- Though QoQ credit growth slowed down in Q3 2024, 9M system-wide credit growth of 9% was encouraging. Banks under our coverage reported higher credit growth for 9M 2024 compared to the industry average (11.3% vs 9.0%), with standout performances from pri