Banombia S.A.(CIB) - 2024 Q1 - Earnings Call Presentation
Banombia S.A.(CIB)2024-05-10 15:35
1Q24 Overview • Deposits down -1.3% QoQ and -2.5% YoY • 90 days PDLs Coverage ratio of 176.5% Colombia's Economic Outlook 2020 Credit Risk • Net income COP 1.7 trillion, ROE 17.4% and ROTE 21.8% • We envision opportunities in agribusiness, mining and public administration. Our GDP growth forecast for 2024 was revised downward from 0.9% to 0.6%, on account of low levels of investment, a weakening labor market and tight financial conditions. 2022 Inflation continued its downward trend (7.36% as of March), tha ...