April 23, 2020 / 7:39 AM / a month ago

BRIEF-Spain's Bankinter Expects Cost Of Risk To Rise To Between 50 BPS To 70 BPS By End-2020

April 23 (Reuters) - Spain’s Bankinter Chief Financial Officer, Jacobo Diaz, says:

* STILL EXPECTS A LOW TO MID-SINGLE DIGIT GROWTH IN NET INTEREST INCOME BY END OF A “VERY DIFFICULT” 2020

* EXPECTS COST OF RISK TO RISE TO BETWEEN 50 BASIS POINTS TO 70 BPS BY END-2020 FROM 43 BPS AT END-MARCH Further company coverage: (Reporting By Madrid Newsroom)

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