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Virtual Bank livi 2023 Loss Narrows to $560M
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Virtual bank livi released its 2023 annual results. Loss for the year narrowed to $560 million, as compared with a loss of $715 million in 2022.

Total operating income amounted to $125 million, up over 6.2x YoY. Of which, net interest income surged nearly 11.3x to nearly $108 million, while net fee and commission income reached $13.471 million, up 40.2%.

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