The BFPME closed the 2024 financial year with a net loss of 13 million dinars, compared to a net loss of 16.1 million in 2023, representing a 19% reduction in losses.
However, this improvement remains insufficient to restore equity, which remains negative at -53 million dinars, versus -40 million a year earlier.
Net banking income (NBI) stood at 5.7 million dinars, down from 6.5 million in 2023, due to a rise in the cost of financial resources (+44% in interest expenses).
Although loans to customers reached 213.8 million dinars, the quality of the portfolio remains concerning, with a classified loan ratio of 92.9%, compared to 89% in 2023.
The coverage ratio through provisions and reserved interest slightly increased to 57.7%.
The bank’s commitments (on- and off-balance sheet) amounted to 437.9 million dinars, almost unchanged compared to 2023. Off-balance sheet commitments rose by 45%, reaching 4.3 million dinars.
The year 2024 was marked by the signing of several important agreements, including two financing lines of 10 million dinars each, intended for SMEs, with a focus on the green economy and renewable energies, under favorable conditions (fixed rate ≤ 8%, maximum term of 10 years with 3 years of grace).
For 2025, the bank signed three agreements in April totaling 20 million dinars from the National Employment Fund, aimed at financing investments, working capital needs, and granting interest-free participatory loans for start-ups.
For the current year, BFPME is relying on new financing lines provided for in the Finance Law and on continued support for start-ups to restore confidence and strengthen its role as a key player in financing Tunisian SMEs.
