RE: Rns12 Feb 2025 07:52
Overall group AOP is expected to be approximately £75 million, after Group (central functions) net expenses of approximately £28 million and excluding CBAM's AOP.
The group maintained a strong capital, funding and liquidity position. Our CET1 capital and Total Capital ratios were 13.5% and 17.4%, respectively, at 31 December 2024 (31 October 2024: 13.2% and 16.9%). Our funding base remained broadly stable at £12.9 billion (31 October 2024: £13.0 billion) at 31 December 2024
It is still profit 75 millions in this year 2024 so happy to hold this long. As they are so conservative and well prepare what maybe come worse to absorb all bad thing may happen.
Noice about Our CET1 capital and Total Capital ratios were 13.5% and 17.4% that number very important as it show bank so much stable and above requirements so in long run this is huge undervalue at moment.
Anyway this time direct communication from government department give some hints low dow redness and make things better for lenders expecting good outcomes for CBG.