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HomeNewsTunisia: Attijari Bank sees its NBI rise almost 11% to 357.8 million...

Tunisia: Attijari Bank sees its NBI rise almost 11% to 357.8 million dinars

At September 30, 2019, Attijari Bank’s outstanding customer loans grew by 4.46%, from 5.5 billion dinars at September 30, 2018 to 5.8 billion at end of September 2019.

The securities portfolio (investments and commercial) of the bank rose by 2.87% to 1.07 billion dinars.

In terms of resources, customer deposits increased by 5.83% compared to their level on September 30, 2018. Savings accounts went up by 4.76% while demand deposits grew 9.65%.

At the end of the first nine months of the year, the bank’s operating income rose by 14.19 percent to 609 million dinars, driven by a 21.15 percent increase in gross margin on interest, 7.26% rise in the margin on commissions, against a 25.35% decline in portfolio income and financial transactions.

Operating expenses climbed up 19.21% to 251 million dinars.

Thus, Attijari Bank’s net banking income rose by 10.90%, from 322.6 million dinars on September 30, 2018 to 357.8 million dinars on September 30, 2019.

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