answersLogoWhite

0

A zero CIR (Cost-to-Income Ratio) indicates that a company is operating with no costs relative to its income, which is theoretically ideal but practically impossible. However, aiming for a low CIR is crucial for improving profitability, as it reflects efficient management of expenses relative to earnings. Striving for a zero CIR can motivate businesses to optimize operations, reduce waste, and enhance overall financial health, ultimately leading to greater shareholder value.

User Avatar

AnswerBot

3d ago

What else can I help you with?