BIAT has reported a resilient performance for the first six months of fiscal 2026, underpinned by a diversified revenue model and a record-breaking surge in customer deposits.
The bank’s Net Banking Income (NBI) reached 802.7 million dinars (MD) at the end of June, a 1.9% increase compared with 788.1 MD in the same period last year. On a quarterly basis, the second quarter of 2026 contributed 404.2 MD to the top line.
A breakdown of revenues reveals a well-balanced activity mix. The largest single contributor was the securities portfolio and financial operations, which generated 399.5 MD, accounting for 49.8% of total PNB.
Net interest income came in at 258.4 MD (32.2% of NBI), supported by interest income of 724.7 MD against interest expenses of 466.3 MD. Meanwhile, net fee and commission income rose to 144.9 MD (18% of NBI), up from 134.5 MD in the first half of 2025.
Deposits surpass 23 billion dinars
The standout achievement of the semester was the bank’s strong deposit-gathering performance. Total outstanding deposits reached a historic milestone of 23,022 MD as of June 30, 2026, marking a robust 9.9% year-on-year increase, or an additional 2,072 MD over 12 months.
This growth was driven primarily by savings deposits, which jumped 10.3% to 5,919 MD, and demand deposits, which rose 9.4% to 10,740 MD.
Measured lending and cost discipline
On the asset side, net customer loans stood at 13,203 MD, up a modest 1.4%, reflecting a targeted and prudent lending policy in a selective economic climate.
Operating expenses totalled 372.3 MD, a 5% increase, pushing the cost-to-income ratio to 46.4%, compared with 45% in the first half of 2025. The rise was largely attributable to higher staff costs (221.5 MD) and ongoing modernization investments.
