Ayvens targets 2029 return on tangible equity of 14% — 16%

Ayvens SA set 2029 targets including a return on tangible equity of 14%-16% and a CET1 ratio around 12.5%. The company also forecasts a cost-to-income ratio of around 49% by 2029, a 4 percentage point improvement from 2026, and expects a dividend payout ratio of 50%-60% with a return of excess capital. The funded fleet is projected to rise at least 3% and earning assets are seen up around 10% from December 2026 to December 2029.