Home Credit N.V.'s net interest margin amounted to 14.3% in 2018, up from 13.4% compared to the previous year.
Historically, the bank’s net interest margin reached an all time high of 21.9% in 2008 and an all time low of 12.5% in 2016. The average margin in the last five years amounted to 14.3%.
Average asset yield was 20.4% in 2018, up from 19.5% when compared to previous year. On the other hand, cost of funding amounted to 6.83% in 2018, up from 6.74%.
Comparing Home Credit N.V. with its closest peers, Aeon Credit Service Asia operated in 2018 with a net interest margin of 17.1% in 2018, MONETA Money Bank reached 3.64% and China Merchants Bank some 2.46%.