César González-Bueno, CEO of Banco Sabadell, acknowledges that they were very cautious when in 2020 they established that the bank’s profitability at the end of 2023 would be 6% (ROTE) and has announced that, in January, they will update the objective again bringing it closer to the cost of capital.
“The tailwinds, especially the rise in interest rates” that is taking place are greater than “the headwinds, represented by the slowdown in economic growth” for which the CEO of Sabadell estimates that
