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Citigroup's Polish unit's strategy for 2025-27 targets RoE return of more than 15%
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Citigroup's Polish unit's strategy for 2025-27 targets RoE return of more than 15%
Dec 5, 2024 10:47 PM

GDANSK, Dec 6 (Reuters) - Poland's Citi Handlowy

announced on Thursday that it has approved a new

strategy for the years 2025-2027, with a goal of achieving a

return on equity (RoE) exceeding 15%.

The company's other goals include maintaining cost

discipline by keeping the cost of income (C/I) ratio below 45%

and continuing to pay a dividend of at least 75% of net income,

subject to regulatory approval, the bank said.

In addition, the bank aims to achieve an average annual

growth of 7% in its institutional customer base over the next

three years.

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