Further reading
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The leading neobanks in Brazil seem to have hit their stride in terms of profitability just as some of the traditional banks have stumbled. Are these firms the future of Brazilian banking? -
Chief executive Carlos Eduardo Guimarães says that he expects the bank’s return on equity to double to between 20% and 22% in the next two years.
Santiago Stel, chief financial officer at Brazilian digital bank Inter, believes that several factors have contributed to the bank’s addition of around two percentage points of extra return on equity consistently during the four quarters of last year.
“But
