The Tunisian-Libyan Bank (BTL) has staged a spectacular financial recovery in 2025, posting its first net profit in nearly a decade and signaling a definitive return to operational health after years of heavy losses.
According to the bank’s financial statements for the fiscal year ending December 31, 2025, BTL recorded a net profit of 1.3 million dinars (MD).
This landmark result breaks a prolonged losing streak that culminated in a staggering loss of 17.9 MDT in 2024, marking the institution’s first time in the black since 2016.
The dramatic rebound underscores the success of a rigorous management strategy focused on portfolio clean-up and commercial dynamism.
The bank’s impressive turnaround is largely driven by a significant boost in operational performance. Net Banking Income (NBI) surged by 30.3% year-on-year, climbing to 55.6 MD in 2025 from 42.6 MD in 2024.
This vigorous expansion was fueled by a 15% increase in accrued interest and similar revenue, which reached 97.6 MD. This growth was primarily supported by short, medium, and long-term credit facilities (35.1 MD) and trade finance operations (29 MD).
Concurrently, fees and commissions received jumped by 37.2% to 27 MD, highlighting a deeper penetration of banking services and a revitalization of foreign trade operations, the historical core of the cross-border lender.
Gains on the securities portfolio and financial operations also doubled to 5.8 MD, compared to 2.8 MD in the prior year, largely driven by favorable foreign exchange movements.
The year 2025 also marked a pivotal moment for institutional consolidation. Following the Extraordinary General Assembly decision on September 25, 2025, BTL executed a massive cash capital increase of 152 MD.
This transaction raised the bank’s total share capital from 100 MD to 252 MD, with the ownership structure remaining equally split (50/50) between Tunisian stakeholders (the Tunisian State and the CNSS) and Libyan stakeholders (Libyan Foreign Bank).
This major recapitalization significantly boosted the bank’s total balance sheet, which peaked at 2.37 billion dinars by the end of December 2025. It also provides the necessary financial foundation to strictly adhere to the prudential regulatory requirements set by the Central Bank of Tunisia.
In a decisive move to sanitize its portfolio, management pursued an aggressive write-off policy in 2025, eliminating 13 MD in unrecoverable impaired receivables, fully covered by existing provisions and reserved interest.
Furthermore, to accurately reflect the real value of its tangible assets, BTL applied a revaluation method to its land and administrative buildings—including its prestigious headquarters in “Centre Urbain Nord”.
This exercise generated a positive revaluation surplus of 72.7 MD, which was directly integrated into shareholders’ equity. Consequently, the bank’s total equity capital stood at a robust 148.2 MD at the close of the fiscal year.
