HomeNewsTunisia: ATB reports 12% increase in NBI

Tunisia: ATB reports 12% increase in NBI

The net banking income (NBI) of Tunisia’s ATB bank grew 12.2%, reaching 38.6 million Tunisian dinars (MTD) in the first three months of 2013, against 34.4 MTD at end March 2012.

Similarly, income from banking operations amounted to 67.6 MTD against 61.1 MTD during the first three months of 2012, up 10.6%.

Operating expenses rose 13.2% from 19 MTD to 21.5 MTD in late March 2013. This growth is explained by the increase in staff costs and administrative expenses, by 2 MTD or 18.7% and 0.6 MTD or 10.3%, respectively.

Outstanding loans granted to customers increased by 9.1% to 2,622.9 MTD at end March 2013 against 2,404.3 MTD at end March 2012.

With an increase of 2.6%, the outstanding deposits are estimated at 3,310 MTD in the first quarter of 2013, against 3,225.4 MTD in the same period last year.

Shareholders’ equity increased by 16.3 MTD or 3.5%, i.e. 477.5 MTD at end March 2013 against 461.2 MTD at March 31, 2012.

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