The half-year net profit of the Société Tunisienne de Banque (STB Bank) reached 22.3 million dinars (MD) as of June 30, 2025, compared to 14.4 MD in the first half of 2024, representing an increase of 54.5%, according to its interim financial statements published on the Tunis Stock Exchange website.
These results also show a liquidity ratio of 583.45%. Banks are required, it is recalled, to maintain a liquidity ratio of 100% during 2025, according to BCT Circular No. 2014-14, dated November 10, 2014.
The bank’s half-year net banking income (NBI) stood at 350.4 million dinars, up 10.9%, compared to June 2024, despite the reduction of contractual interest rates imposed by Law No. 41-2024, of August 2, 2024, amending the Commercial Code.
Indeed, the outstanding loans of clients who submitted requests for interest rate reductions amounted to 160.783 MD as of June 30, 2025.
The effect of the rate reduction for eligible requests received during the first half of 2025 amounts to 4.589 MD.
The estimated reduction in contractual interest to be collected for the second half of 2025, taking into account all eligible contracts, would amount to 6.682 MD.
Operating expenses were marked by a 1.6% increase in personnel costs to 117.4 MD and a 7.4% increase in general operating expenses to 48.9 MD.
At the end of the first half of 2025, loans to customers amounted to 9.1 billion dinars, down 6.9% year-on-year.
Customer deposits and balances reached 11.7 billion dinars, up 3.1%.
