Banque de Tunisie (BT) recently published its financial statements during its Ordinary General Assembly, held in the presence of the board members, directors, executive management, shareholders, and guests.
In his address, Chairman of the Board Eric Charpentier affirmed that BT has maintained its position as one of Tunisia’s leading banks, demonstrating resilience through strong performance indicators.
“2024 was marked by significant achievements, reflecting BT’s strong performance,” he stated.
For his part, Hichem Rebai, CEO of Banque de Tunisie, emphasized that “BT continues to support its clients—individuals and professionals alike—while contributing to the development of the local economy, major public infrastructure projects, and key economic initiatives.”
He added that the “Best Bank in Tunisia for 2024” award, granted by The Banker, “is the result of collective effort, where every individual has contributed to this success. It confirms that working toward a shared goal always leads to new waves of achievement and opens doors to perpetual growth.”
“2024 was a year of accomplishments aligned with Banque de Tunisie’s 2023-2027 strategic development plan,” the CEO noted.
Net Profit of 188.41 million dinars at end-2024
BT closed 2024 with a net profit of 188.41 million dinars (MD), up 10.61% from 170.33 MD the previous year, after setting aside 39.84 MD in risk provisions.
The bank paid 98.10 MD in corporate taxes (+37.95%), contributed 618,000 dinars to the National Education Reform Fund (+21.65%), allocated 9.89 MD to social solidarity (+21.70%), and paid 9.82 MD in cyclical contributions (+20.80%).
Net banking income (NBI) reached 509.98 MD by end-2024, a 6.70% increase. Operating expenses rose by 7.4% to 155.98 MD, while the cost-to-income ratio—”one of the best in the market”—stood at 32.3%.
Customer loans grew by 4.11% to 6.08 billion dinars, while deposits and customer assets increased by 15.4% to 6.69 billion dinars.
Notably, Banque de Tunisie will distribute 94.5 million dinars in dividends, equating to 0.35 dinars per share, up from 0.29 dinars the previous year. The bank maintains its shareholder remuneration policy with a 50% payout ratio, compared to 43% a year earlier. Dividends will be paid on May 7, 2025.
Banque de Tunisie Earns AML 30000 Certification
Banque de Tunisie has obtained the AML 30000 certification, a stringent international standard dedicated to combating money laundering, terrorist financing, and the proliferation of weapons of mass destruction (AML/CFT).
Awarded by CERTIFINANCE-TUNISIA, with the endorsement of CERTIPRO-FINANCE-PARIS, this certification recognizes the bank’s efforts to comply with the most rigorous financial risk management standards.
This achievement follows a comprehensive voluntary upgrade process undertaken by BT to strengthen its operational framework, effectively mitigating financial crime risks. The bank has enhanced its control mechanisms, intensified staff training, and fostered a stronger risk management culture.
BT Named Best Bank in Tunisia by The Banker
During the annual awards ceremony held on December 4, 2024, in London, Banque de Tunisie was once again honored with the “Bank of the Year – Tunisia” award by the prestigious Financial Times-owned The Banker magazine, competing alongside top-tier international banks.
Read in over 120 countries, The Banker is a leading source of banking and financial industry insights, catering primarily to senior finance executives worldwide. Each year, the magazine awards “Bank of the Year” to institutions demonstrating outstanding performance in their respective markets.
Banque de Tunisie takes great pride in this recognition, which celebrates the dedication and expertise of its teams in serving clients and partners.
Beyond financial performance, this distinction highlights the bank’s focus on tailored products for corporate clients—particularly SMEs—and its commitment to financial accessibility through digital and remote banking channels.
The “Bank of the Year – Tunisia” jury also commended BT’s efforts to “cultivate a culture of excellence in digital transformation.” According to the bank, “the long-term goal is to position innovation as an independent growth driver.”
