Net bank margin was 7.8% in late February

AKIPRESS.COM - As of February 28, the net interest margin was 7.8%, according to the National Bank.
As of January 31, the net bank margin was the same, but at the end of December 2019, it was 8.1%.
Net interest margin is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders, relative to the amount of their assets. It is similar to the gross margin of non-financial companies.