Abdelbary: No Plans to Sell-off NPL Portfolios

The video discusses the financial performance of a bank, highlighting a 26% increase in net profit and strong asset growth. It covers the decrease in impairments and the bank's strategy to manage risk. The retail and real estate sectors are performing well, with significant growth in home finance. The discussion also touches on the impact of interest rates and global economic factors on local activity. Finally, the bank's approach to mergers and acquisitions is explored, emphasizing strategic value addition.

What is the outlook for the cost of risk in 2024 as discussed?

What are the conditions under which the company would consider engaging in M&A activity?