Creditas's net interest margin amounted to 1.36% in the first quarter of 2017, down from 3.10% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 8.18% in 4Q2011 and an all time low of 1.36% in 1Q2017. The average margin in the last six quarters amounted to 2.58%.
Average asset yield was 2.98% in 1Q2017, down from 5.05% when compared to the same period last year. On the other hand, cost of funding amounted to 1.76% in 1Q2017, down from 2.62%.