BO
Boetie B.@braai_boet·Neutral
INL up 1.38% today but still sitting around 143.36, which feels cheap relative to where it was trading two years back. The net interest margin pressure is real, especially with load-shedding hitting the local economy, but their wealth management and offshore banking arms are actually holding up decently compared to the big four. Long-term play if you can stomach the volatility, but I'm watching the next earnings closely for signs the loan book is actually improving.