Pekao's net interest margin amounted to 4.05% in the third quarter of 2023, down from 4.12% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 4.80% in 4Q2001 and an all time low of 0.571% in 3Q2022. The average margin in the last six quarters amounted to 3.49%.
Average asset yield was 6.22% in 3Q2023, up from 1.95% when compared to the same period last year. On the other hand, cost of funding amounted to 2.39% in 3Q2023, up from 1.49%.
When compared to bank's main peers, ING Bank Slaski operated in the third quarter of 2023 with a net interest margin of 3.63%.
You can see all the bank’s data at Pekao Profile, or you can download a report on the bank in the report section.
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