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HomeNewsTunisia: ATB’s NBI grows 11% at end September to 174 million dinars

Tunisia: ATB’s NBI grows 11% at end September to 174 million dinars

The Arab Tunisian Bank (ATB) posted outstanding net credits of provisions and reserved agios of 3.87 billion dinars, at the end of the first nine months of 2017, against 3.52 billion at the end of September 2016, up 9.8%.

As for the outstanding deposits of customers, they reached 4.39 billion dinars on September 30 against 3.71 billion a year earlier, i.e. an increase of 18.4%.

This increase is largely due to the growth in demand deposits, which amounted to 1.34 billion dinars (+ 8.36%), and the growth of savings accounts by 13.47%. and the balance of which was 950.3 million dinars.

In addition, the commercial securities portfolio amounted to 1 billion dinars at the end of September 2017, compared to 914.9 million at the same date in 2016.

The investment securities portfolio rose from 464.1 million dinars to 483.1 million, up 19 million dinars.

Bank operating income increased by 13.17% to 319.6 million dinars against 282.4 million a year earlier, while operating expenses reached 145.6 million dinars against 126.4 million dinars as of September 30, 2016, up 19.2 million dinars.

Thus, net banking income for the period amounted to 174 million dinars against 156.1 million at the end of September 2016, up 11.47%.

The operating expenses of the bank reached 96.1 million dinars at the end of September 2017, against 86.6 million a year earlier, i.e. an increase of 9.5 million.

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