Steve Booysen Quotes

3 Steve Booysen quotes:

"This low charge is underpinned by the further improvement in the number and value of non-performing loans and increased success in the recovery of previously written-off amounts."
"The group's cost-to-income ratio is in line with the ratio reported for March 2005 if the costs relating to the Barclays transaction and synergy initiatives are excluded. However, if the Barclays related costs are included, the cost-to-income ratio deteriorated from 56.6% in March 2005 to 58.0% in December 2005 owing to top-line income growth, at 17.9%, lagging expenditure growth over the period."
Author: Booysen Quotes Category: Income Quotes
"The improved margin can be attributed primarily to the implementation of IFRS, which requires certain fee income directly related to the acquisition of loans to be treated as part of the net interest margin."
Author: Booysen Quotes Category: Income Quotes

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