The Arab Tunisian Bank (ATB) saw its net outstanding credits reach 4.83 billion dinars, at the end of the year ending December 31, 2019, against 4.15 billion on the same date in 2018, i.e. an increase of +16.4%.
As for outstanding customer deposits, they amounted to 5.24 billion dinars, against 4.65 billion dinars at the end of December 2018, up 12.6% (+587.5 million dinars).
This increase is partly explained by the 7.7% rise in the volume of sight deposits to 1.66 billion dinars and the 7% increase in savings accounts, whose balance amounted to 1.15 billion dinars.
Banking operating income grew 12.4% to 587.1 million dinars, against 522.4 million at the end of December 2018.
Banking operating expenses reached 334.9 million dinars, against 276.1 million in 2018, i.e. an increase of 58.8 million dinars.
To this effect, the net banking income stood at 252.2 million dinars in 2019, against 246.4 million dinars in 2018, i.e. up 5.8 million (+2.35%).
In addition, the bank’s operating expenses reached 177.9 million dinars, compared to 164 million at the end of December 2018, i.e. a rise of 13.9 million.