HomeNewsTunisia: ATB’s net banking income totals 217 MTD in 2016

Tunisia: ATB’s net banking income totals 217 MTD in 2016

ATB’s (Arab Tunisian Bank) net banking income as of December 31, 2016 reached 217 MTD, up 8.45% compared to the previous year.

The operating expenses of the bank reached 119.6 MTD at the end of December 2016 against 110.8 MTD at the end of December 2015, up 7.94%.

Banking income increased 5.80% to 386.5 MTD, while banking operating expenses reached 169.5 MTD, up 2.60%.

The ATB bank recorded an increase of 10.02% in credits net of provisions and premiums at the end of December 2016, reaching 3,665.4 MTD. Customer deposits reached 4,082.8 MTD, rising by 5.31% mainly due to a 12.82% increase in savings accounts.

The commercial securities portfolio decreased by 39%. The investment securities portfolio increased by 55%.

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